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Papua New Guinea has ‘enormous potential’ to increase exports, Eslake tells conference

24 Aug 2022 by Leave a Comment
Delegates to last week's 2022 Business Advantage Papua New Guinea Investment Conference received an overview of the plans of the new Marape government, as well as detailed economic updates and a range of briefings on opportunities across the country's key economic sectors.
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Papua New Guinea could provide ‘ideal locations’ for green hydrogen production: IFC

8 Aug 2022 by 4 Comments
Green hydrogen has been touted as the next big move to lower carbon emissions and Papua New Guinea is well positioned to develop this resource. Devesh Singh, the International Finance Corporation’s Operations Officer (Climate & Energy) – South Asia and Pacific, tells Business Advantage PNG what green hydrogen could mean for PNG and other developing nations.
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Net gains: the new plan for Papua New Guinea’s fishing industry

3 Aug 2022 by Leave a Comment
Better infrastructure and a higher volume of onshore processing are the key tenets of Papua New Guinea’s new Fisheries Strategic Plan, which aims to transform the industry over the coming decade. Business Advantage PNG speaks with National Fisheries Authority Chairman Ango Wangatau to find out more.
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Cracking investment: Nambawan Super investment fuels growth at Paradise Foods

20 Jul 2022 by Leave a Comment
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.
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Supply chain causing major stress for Papua New Guinea’s businesses

13 Jul 2022 by 1 Comment
Global supply chain issues are having a major impact on many businesses in Papua New Guinea. Business leaders tell Business Advantage PNG that delivery delays and higher costs are causing some projects to be slowed or even postponed in key sectors. There are signs, however, that the global situation is improving.
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