Infrastructure funding aimed at climate change mitigation and a new Pacific Engagement Visa are among the expected initiatives from the new Australian government elected last weekend.
Our Region
Samoa is one of the few countries in the world that remains COVID-19 free. Prime Minister Fiame Naomi Mata’afa outlines the challenges, and trade and investment opportunities that re-opening the country to the world bring.
Manasseh Maelanga, the Deputy Prime Minister of the Solomon Islands, says the Pacific country’s new government has turned its attention to infrastructure. Measures are being put in place to encourage private sector involvement in roads, ports and industrial townships.
Papua New Guinea and the Solomon Islands face similar challenges and opportunities. Atenasi Ata, CEO of the Solomon Islands Chamber of Commerce and Industry, tells us why both countries are particularly well-placed to do more business with each other.
The creation of a one-stop shop US development bank will see a doubling of available infrastructure funding for Asia-Pacific projects, and is expected to boost the PNG Electrification Partnership. It comes as the US, Australia and Japan have unveiled the Blue Dot Network, an initiative designed to compete with China’s Belt and Road Initiative in the Pacific region.
Papua New Guinea could be on the cusp of a sustained period of strong economic growth, and Fiji should be seeking closer economic ties, says Kishti Sen, International Economist for the ANZ Banking Group, in an exclusive interview with Business Advantage PNG.
The writ has been issued and postal voting has commenced ahead of the long-awaited referendum on independence for the Autonomous Region of Bougainville. Here are nine things you should know about the referendum.
What’s happening in Papua New Guinea’s three most important export markets? Demographer Bernard Salt says social trends in China, Australia and Japan will affect the business they do with PNG in the future, and present new opportunities.
In recent times, Fijian companies have been attracted to Papua New Guinea because of the size of its market. There are plenty of reasons for PNG companies to look in the other direction.
The economy of the Solomon Islands is small, but continues to grow steadily. New nickel exports, new hydropower and greater internet connectivity look set to drive future growth, reports David James.