Papua New Guinea (PNG) is poised to record its best-ever annual cash-crop export revenue in 2024, largely on the back of surging global cocoa prices, notes ANZ economist Kishti Sen.
UK businesses to get more exposure to Papua New Guinea produce
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24 Apr 2023 by Leave a Comment
Last year, the United Kingdom government used major sporting events like the Commonwealth Games and the Rugby League World Cup to showcase Papua New Guinea coffee. Keith Scott, the UK’s High Commissioner to PNG, tells Business Advantage PNG of further plans to encourage more business with post-Brexit Britain.
Bumper cocoa crop to define 2023, says key exporter
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15 Feb 2023 by 1 Comment
There are expectations of a bumper cocoa crop in 2023, according to the new CEO of Papua New Guinea’s largest cocoa exporter, NGIP Agmark. However, Steven Nightingale tells Business Advantage PNG that profitability will depend on tighter control of rising costs.
Papua New Guinea companies and products on show at the World Expo
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24 Aug 2021 by 1 Comment
Papua New Guinea is getting ready to showcase some of its sweetest produce in the 2020 World Expo.
Working cooperatively the key to improve Papua New Guinea’s cocoa exports
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31 May 2021 by Leave a Comment
Getting produce to market is one of the biggest constraints on Papua New Guinea’s cocoa industry, according to the Chief Operating Officer of leading cocoa exporter, NGIP Agmark. Steven Nightingale says his company is developing a model that is helping to improve the situation.
Lower demand sees Papua New Guinea’s agricultural exports fall
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27 Apr 2021 by 1 Comment
The latest figures from the Bank of Papua New Guinea reveal the negative impact of the global pandemic on PNG’s agricultural sector. Exports of all the country’s major agricultural commodities fell in the 12 months to September 2020, although the falls were partly offset by improved prices in some cases.
In brief: Papua New Guinea paves the way for Papua LNG, and other business stories
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16 Nov 2020 by 1 Comment
Parliament passed six key pieces of legislation that allow the Papua LNG project to move forward, Australia’s Prime Minister cancels his trip to Papua New Guinea and cocoa farmers in East Sepik Province ready to benefit from new project. The business news you need to kickstart your week.
On the rise: Paradise Foods continues to grow in Papua New Guinea despite COVID-19
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9 Sep 2020 by 4 Comments
Paradise Foods has seen over 30% growth over the past six months and its future looks even brighter. James Rice, Group CEO of Papua New Guinea’s oldest food manufacturing company, spoke with Business Advantage PNG to explain why.
Data driven: Outspan PNG helps Papua New Guinea farmers reap more from what they sow
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22 Jun 2020 by 10 Comments
Outspan PNG is using big data to help thousands of smallholder cocoa and coffee farmers in Papua New Guinea improve the quality of their produce. Country Manager Basavaraj Y. Mashetty tells Business Advantage PNG it is helping to put the country’s cocoa and cofee on the global map.
Boardroom briefing: looking beyond the pandemic, how business might change and the effect of lockdown on the coffee industry
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13 May 2020 by Leave a Comment
A way out of the COVID-19 crisis, the new business reality when the pandemic is over and cocoa production in lockdown. Readings from around the world on business, leadership and management.
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