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Papua New Guinea’s ‘engine room’ seeing new investment, says Lae Chamber president

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18 Jun 2024 by 2 Comments

In spite of the challenges, Papua New Guinea’s second city, Lae, is experienced some significant new investments. Business Advantage PNG sits down with John Byrne, President of the Lae Chamber of Commerce, to discuss the state of play in the country’s “engine room”.

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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.

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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.

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Prima Smallgoods: big aspirations

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21 Jan 2014 by 12 Comments

Lae-based food manufacturer Prima Smallgoods has recently completed a K40 million (US$15.82 million) upgrade to its manufacturing operations. It’s all about the longer term, General Manager Adrian Chow tells Business Advantage PNG.

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