Honeymoon over for PNG Government?
Posts by Business Advantage PNG
Tough market conditions have led to a sudden shake-up in South Pacific shipping, with Auckland-based Reef Shipping going bankrupt and being acquired by Hawaii-based Matson
The hand-picked Chairman of Fiji’s Constitution Commission, Kenyan-born barrister Yash Ghai, fell foul of Fiji’s military government for printing 600 copies of the country’s newly-completed draft constitution. These were confiscated and set on fire in front of him by police before the ink had dried.
The insurance industry in PNG looks forward to consolidation, more growth and regulatory reform in the coming year.
Ross Garnaut resigns from Ok Tedi
Business Advantage PNG spoke with the region’s three most senior bankers to get their thoughts on the year ahead.
China growth rebounds
The future of Papua New Guinea’s struggling mobile phone company Bemobile remains undecided, but it does seem increasingly likely that Vodafone Fiji will take over the running of the company.
Australian government announcement raises hopes of reducing PNG red tape
Plans are already under way to make the 2013 Papua New Guinea Advantage Conference even bigger and better after the success of PNG’s first international investment summit last September.