National Superannuation Fund, or NASFUND, is representative of the strong leadership now being shown by Papua New Guinea’s financial sector. It wasn’t always so, as the fund’s Chief Executive Officer Rod Mitchell tells Business Advantage. ‘In 1999, we had debts of K155 million and we had net assets of K125 million. Six years later we […]
S P Brewery: a regional beer
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1 May 2006 by 11 Comments
S P Brewery, Papua New Guinea’s major brewer, possesses one of the country’s strongest consumer brands. S P Brewery started in 1951 and launched S P Lager the following year. These days it is majority owned by Singapore-based Asia-Pacific Breweries Ltd, which also owns Tiger Beer. Minority shareholders include PNG’s two largest superannuation funds, POSF […]
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