Cracking investment: Nambawan Super investment fuels growth at Paradise Foods

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In late 2021, PNG’s largest superannuation find, Nambawan Super, increased its holding in Paradise Company Limited, owner of Paradise Foods and Laga Industries, to 100 per cent. Michael Penrose, Paradise’s CEO, tells Business Advantage PNG how the fund’s support is helping the food manufacturer expand.

Economic update: cautious optimism in Papua New Guinea as major projects take shape

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With major new resources projects still in play, and new players entering the market, this election year will be one to watch in Papua New Guinea. Business Advantage PNG talks to the country’s business leaders about the year ahead.

In brief: Kina Bank announces new branches in Papua New Guinea and other business stories

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Kina Bank to open new branches in Papua New Guinea, Minister for Information & Communication Technology launches new ICT plan, and Nambawan Super starts construction of Waigani office complex. The business news you need today.

Super ideas: how to build wealth in Papua New Guinea

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PNG Now spoke with four of the largest superannuation fund’s executives and senior managers for the inside scoop into super.

In brief: ‘historic’ green energy agreement between PNG and Fortescue Minerals and other business stories

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Fortescue and Papua New Guinea Government sign landmark agreement to venture into green energy productions, the Bank of PNG flags two new projects and Minister apologises over Pasca A negotiations. The business news you need today.

In brief: Kina Bank’s new loan for SMEs in Papua New Guinea and other business stories

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Kina Bank announces K50 million for small and medium-sized businesses, Prime Minister Marape’s update on mining projects, and BSP Financial Group cautiously optimistic about Papua New Guinea’s post-COVID recover. The business news you need today. Ports Atlas Steel PNG has been awarded a contract under the PNG Ports Safety and Security Upgrades Program to supply […]

Nambawan Super focused on the long term

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Papua New Guinea’s largest superannuation fund, Nambawan Super, is a major domestic investor across the economy. CEO Paul Sayer talks with Business Advantage PNG about the impact of the COVID-19 pandemic on its investments, and its future plans.

In brief: Prime Minister says deal for Porgera’s reopening imminent and other business stories

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Prime Minister Marape says government is ‘poised to sign’ a deal to reopen the Porgera mine, World Bank to help PNG Power and OK Tedi Mining resumes operations.

People moves: Nambawan Super

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Former Pacific Island Forum Secretary General joins Nambawan Board.

People moves: Credit Corp, PacTow, New Zealand High Commission, Nambawan Super

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CEO resigns from Credit Corp, Pacific Towing welcomes a new Operations Manager, New Zealand announces a new Deputy High Commissioner to Papua New Guinea, and Nambawan Super appoints four Trainee Directors to the Board.