The Papua New Guinea owned Paradise Foods on Wednesday proudly launched their new biscuit product the “Teisti Biscuit” at the Paradise Food Head Office Kawai Site in Port Moresby. The official opening was attended and presented by the Paradise Foods Chief Executive Officer (CEO) Mr. Michael Penrose, Chairman of the Board Mr. Anthony Smare, official guest Prime Minister James Marape and Key Stakeholders. Chairman Mr. Smare acknowledged the presence of PM Marape and expressed gratitude to accept the official cutting of the ribbon. He further emphasized the challenges taken up by the management and staff of Paradise Foods, to tirelessly produce a product designed to meet the essential filling option at an accessible price, ideal for consumers seeking both convenience and value. Furthermore, stressing the product offers a budget friendly option that doesn’t compromise quality or taste, financially adequate to fulfil consumer budget at this time of inflation in the country. The Teisti Biscuit is produced at the Paradise Foods Hunta Biscuit Factory in Lae and already been acknowledged by local loyal distributors in the country, it will soon be available at the nearest commercial outlets for K1.00. The Teisti Biscuit maintains high standards of quality, carefully crafted to ensure it meets consumer expectations. Meanwhile, PM James Marape acknowledged efforts of the paradise food’s management and staff to produce an affordable commodity during this time of inflation in the country, to market an affordable, quality and relevant product to the nation. Marape further highlighted the slow process to overcome inflation during this time and congratulated Mr. Smare for successfully fulfilling their endeavours to produce a promising game changer to the competitive biscuit sector. Designed to deliver maximum value at an unbeatable price point of K1.00. Paradise foods price decision is strategic, aiming to capture table market sales and impulsive spenders who prioritise convenience and value money. The Teisti Biscuit perfectly balances affordability and satisfaction while maintaining high-quality.