Change of CEO at K92 Mining, new director at Hargy Oil Palms Ltd, new Head of Sponsorships and Partnerships at the PNG Chiefs.
Hargy Oil Palms
The second annual Oil Palm Festival of Arts & Culture was celebrated over three days in June at Hoskins Station, with around 1,000 visitors in attendance. Mary Tao reports.
It may not have involved rocket science, but Hargy Oil Palms Ltd has experienced significant success in boosting palm oil yields in West New Britain. But Chief Executive Graham King believes the success of agriculture in PNG will ultimately depend on secure land tenure and foreign investment.
Lifting the tax credit scheme to five per cent would see a big boost in road building and maintenance, according to the General Manager of West New Britain’s Hargy Oil Palms, Graham King.
The suspension of a second mine in Papua New Guinea has highlighted the impact of the El Nino drought, which is also severely affecting the agriculture industry. Just how long the drought continues for will determine the long-term effects, according to Paul Barker, the Executive Director of the Institute of National Affairs.