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January 22, 2021
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Business PNG – Episode 3, 2014

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In this episode:

 

As the world becomes more environmentally conscious, there is accelerating pressure to switch to alternative fuels.

This episode covers the creation of a bio-diesel project by a small company on the island of Karkar in Madang Province, resulting from a copra price drop.

 

The company, Kulili, produces some of PNG’s best coconut oil. And the little-known project is moving towards a promising future.

 

The Karkar economy has long depended on copra. The plantations built in the colonial days employed local men and women as labourers. But when copra prices plummeted, the plantations had to lay off their workers.

 

The challenge now is to build the new industry from a cash crop that saw better days a hundred years ago.

 

The episode also features the NZ Aid-sponsored Pacific Business Mentoring Program.

Established in 1991 and funded by the New Zealand government through its NZ Aid, the Pacific Business Mentoring Program has since been helping small to medium enterprises and entrepreneurs grow their businesses.

 

Later on in 2011, the not-for-profit organisation started its program here in PNG and has been successfully mentoring and coaching small business owners since then. This year marks their 9th visit to the country and best of all, their assistance can be sought after for free

https://youtube.com/watch?v=AciG2YJxvnk%3Ffeature%3Doembed%26wmode%3Dopaque%26showinfo%3D0%26showsearch%3D0%26rel%3D0

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