Papua New Guinea’s largest retailer is still only servicing about 30 per cent of Papua New Guineans, according to Chairman of CPL Group, Mahesh Patel. While it has product and store expansion plans, Patel says CPL is waiting on a general economic recovery before moving forward.
CPL eyes expansion, but is waiting on Papua New Guinea’s economic recovery
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The secret to resilience in tough times according to CPL, Papua New Guinea’s largest retailer
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Many business have reported the current business climate in PNG as ‘quiet’, with some saying income is down about 20 per cent. How has CPL fared? Business Advantage PNG talks to CEO, Ravi Singh.
Entrepreneur: Coconut product manufacturer, Ernestine Maxtone-Graham
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Domestic and global demand for coconut products will see Papua New Guinea producer relocate, expand and create new lines. The Director of MaxtoneHaus, Ernestine Maxtone-Graham, talks to Business Advantage PNG.
People moves: Nambawan Super, CPL Group
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A new Chief Financial Officer at Nambawan Super, and board re-appointments at City Pharmacy Group
Business literacy skills and access to markets essential if Papua New Guinea SMEs are to develop, say business leaders
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Boosting business literacy skills and opening up access to markets are at the heart of a successful SMEs policy for PNG, two influential business leaders tell Business Advantage PNG.
In brief: Oil Search rejects Woodside takeover bid as ‘highly opportunistic’, and other business stories
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Analysts predict Woodside will up its takeover offer for Oil Search, Business leader estimates K1.5 billion in foreign currency waiting for processing, and NZ re-opens its trade office in Port Moresby. Your weekly digest of the latest business news.
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