CPL

CPL partners with Northern farmers

CPL Group also runs the Stop n Shop chain of supermarkets in Port Moresby and one of the biggest buyers of local fresh produce for their shelves.

Upon a formal discussion and invitation by Oro Governor Gary Juffa on the possibility of Oro supplying its fresh produce, CPL Group General Manager Ajay Patel met with Oro farmers with the display of some local produce.

Mr Patel said he was impressed with the display of produce and made a commitment to buy from the locals. He said CPL Group would buy on a weekly basis provided quality and consistency were maintained.

CPL gets K10 million fire insurance settlement

Chairman of Pacific MMI Insurance, Dr Ken Ngangan, handed over a mock cheque to CPL Chairman, Mahesh Patel, today before the staff and media.

The K10 million claim is an initial payment which will go towards replenishing stocks which were lost during the fire.

More urgently required are medical stocks for CPL's Pharmacies.

Patel thanked Dr Ngangan as well as Pacific MMI Insurance CEO, Angus Maciver when receiving the cheque saying they will continue to ensure that their stocks remain consistent.

VIDEO: No drug problem: Patel

He said they are not panicking at this stage but moving ahead to ensure supplies remain consistent.

The move follows the destruction of its central warehouse in Port Moresby following a massive fire on Monday.

 

Cedric Patjole reports 

 

Related article 

CPL fire: No drug problem - http://bit.ly/2rV4yd1

Cricket PNG congratulates Lewas

Cricket PNG general manager, Greg Campbell, praised the PNG Lewas on their performance during the EAP qualifiers. Lewas proved to be undefeated, ending the host team Samoa on their home soil to qualify.

“It was an extraordinary performance and I would like to congratulate all the team players and the officials on the victory,” Campbell said.

He also extended his thanks to the major sponsors, City Pharmacy Limited, for their huge support in sponsoring the team and also the relevant stakeholder Pure Water Limited.

New SNS Supermarket to create employment

City Pharmacy Group CEO Ravi Singh said a combined 627 Papua New Guineans will work in Koki and Konedobu supermarkets.

“The total number of PNG citizens employed by CPL is about 3,000 people, and about 98 percent of the workforce.”

The supermarkets chain is CPL Group’s subsidiaries.   

Today saw the opening of the refurbished and modern-look SNS Koki Supermarket which took close to a year to refurbishment and give it a modern set up.  

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CPL opens new supermarket at Koki

The supermarket is located in the Koki suburb.

Landlord East New Britain Development Corporation and CPL spent K8 million each for the maintenance of the former Anderson Supermarket property, said CPL Group CEO Ravi Singh. 

"The opening is slightly delayed then we projected, but it has come up to be quite nice looking," Singh said. 

"I am quite happy with the (store) standard." 

The supermarket will sell groceries, fruits and vegetables, poultry, etc. 

Also will house a nursing clinic and fast food outlet.

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CPL announced K7.35 million profit

Chairman Mahesh Patel when commenting on the announcement said 2015 has been another tough year for the company.

“Our revenue growth started well in the first half, but was stifled in the second half due to the fire at Waigani Central, our largest volume outlet.

“Our new growth plans which incurred increased expenses were severely impacted due to the reduced volume from Waigani, a serious market slow-down and reduced consumer spending in the second half.”