Steamships sells Laga to Paradise, Credit Corp profit falls, and Papua Niugini Freezers begins exports to Solomon Islands. Your weekly digest of the latest business news.
In brief: Steamships sells Laga to Paradise, and other business stories
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3 Jul 2018 by Leave a Comment
Papua New Guinea’s vanilla sector success relies on education and regulation
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11 Apr 2018 by 10 Comments
PNG was the second-largest global grower of vanilla last year, producing about 250 metric tonnes, but leading processor and exporter, Paradise Spices, is calling for regulation of the sector to resolve supply and quality issues. Karina Makori, the company’s General Manager tells Business Advantage PNG inflated prices have halted production of vanilla products for the past nine months.
People moves: Paradise Foods, Frabelle Fishing Corp
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22 Aug 2017 by
A new CEO for Paradise Foods, a new General Manager at Frabelle
People moves: Paradise Foods, Bank of Papua New Guinea, KPMG, NASFUND
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24 Jan 2017 by Leave a Comment
Managing Director of Paradise Foods steps down, Bakani re-appointed as Central Bank Governor, KPMG appoints a new Managing Partner, four new NASFUND executives.
Paradise Foods marks 80th year with expansion plans
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9 Oct 2013 by
Papua New Guinea’s oldest manufacturing company, Paradise Foods, is marking its 80th year of operations this year, after its humble beginnings as a small town bakery in 1933. Behind the quiet celebrations are big expansion plans, Managing Director David Peate tells Business Advantage PNG.
PNG Manufacturers look to the future
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12 Mar 2014 by Leave a Comment
There is no question that Papua New Guinea’s manufacturers-which account for about 9% of the country’s GDP – have been caught up in the general downturn in the country’s economy, with a combination of lower investment in the mining and petroleum sectors, lower commodity prices and a stronger currency slowing growth and reducing domestic demand.
Papua New Guinea manufacturers’ vote of confidence
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26 Feb 2014 by Leave a Comment
While Papua New Guinea’s economy has slowed in the past year, many of the country’s manufacturers continue to see growth as the longer-term trend, and are investing in new plant, new products and new marketing approaches.
Papua New Guinea’s home-made chocolate hits the market
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27 Mar 2013 by
Papua New Guinea’s very own gourmet chocolate may have only been on sale for a few weeks, but its production line has already been honoured with a visit from the recent business delegation that accompanied the Thai Prime Minister.
Sector profile: Manufacturing
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1 Sep 2012 by 1 Comment
The range of products manufactured in Papua New Guinea is growing all the time. The range of goods made in PNG is quite impressive. Much of PNG’s manufactured produce is aimed at a domestic consumer market that is growing so rapidly—albeit from a low base—that many local manufacturers are struggling to meet demand. Many producers […]
Competitiveness and PNG goods
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1 Sep 2012 by Leave a Comment
Papua New Guinea’s producers are continuing to profit from the country’s unprecedented economic boom as well as high international commodity prices, but they still face a mighty array of challenges. Made in PNG asks what factors influence the demand for PNG goods at home and overseas. You might assume that, given its low per capita […]
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