Manufacturing

In brief: Elk-Antelope arbitration decision expected ‘this quarter’, and other business stories

Elk-Antelope arbitration hearing in London completed, fuel supplies to return after roadblocks eased, and Santos delivers sales records. Your weekly digest of the latest business news.
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Companies struggle to pay bills, after the Bank of Papua New Guinea ‘rations’ kina

Restricting the margins at which the kina can be traded against the US dollar has had little positive effect, with some companies struggling to pay bills, as the central bank reportedly restricts the purchase of US currency, Manufacturers Council of Papua New Guinea CEO Chey Scovell tells Business Advantage PNG.
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Coffee capsules a ‘win-win situation’ for local industry

Coffee is recognised as one of Papua New Guinea’s most important commodities. So it was only a matter of time before locally manufactured ‘Nespresso compatible’ coffee capsules entered the PNG market. Business Advantage PNG talks to Cool Stuf, the company behind PNG’s first locally manufactured coffee capsules.
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Paradise Foods marks 80th year with expansion plans

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.
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PNG Manufacturers look to the future

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.
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Papua New Guinea manufacturers’ vote of confidence

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.
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Papua New Guinea’s manufacturers seek level playing field on cheap imports

Cheap imports into Papua New Guinea are posing an increasing threat to local producers, with reports of foreign companies ‘dumping’ goods in PNG or under-declaring the value of imports.
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