The Solomon Islands has great potential as a tourism destination, but there are obstacles to be overcome. In the second of a two part series, Business Advantage PNG looks at the opportunities and challenges, including in the hotel business.
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The Solomon Islands’ economy grew by three and a half times between 2003 and 2016. In the first of a two part series, Business Advantage PNG looks at the challenges and opportunities facing the emerging nation.
The Pacific’s three biggest banks: Bank South Pacific, ANZ and Westpac have distinct approaches to the Pacific region. Their top executives outline their strategies to Business Advantage PNG
The provisional program for the 2017 Papua New Guinea Investment Conference has been released, highlighting business opportunities across PNG’s economy. The conference will be organised by the publisher of www.businessadvantagepng.com, and will be held at the Shangri-La Hotel in Sydney, Australia, on 7 and 8 September.
The long-awaited Pacer-Plus Pacific trade agreement is expected to be signed in early June, after the 14 Pacific countries concluded their talks in Brisbane last week. But Papua New Guinea and Fiji have said they will not participate. Business Advantage PNG asked World Trade Organisation negotiator, Edwini Kessie, what PNG is missing out on.
Local Papua New Guinea businesses are expected to provide core services to ensure the success of the 2018 APEC summit in Port Moresby, says APEC Papua New Guinea Co-Ordination Authority CEO, Christopher Hawkins.
Bank South Pacific purchased the National Bank of the Solomon Islands 10 years ago this year. David Anderson, BSP’s country manager in the Solomon Islands, shares a 2017 overview of the country’s economy with Business Advantage PNG.
Zarak Khan is Fiji’s Consul General and Trade Commissioner at the Fiji Consulate and Trade Commission in Sydney. He tells Business Advantage PNG that Fiji is looking to diversify its industry base.
Papua New Guinea’s fishing industry faces fierce competition from Thailand and the Philippines, says Pete Celso, Managing Director of R D Tuna Canneries in Lae. He believes a lack of control over imports is harming the local industry.
The APEC meeting in 2018 in Port Moresby will be a major boost for the country, David Toua, the President of the Business Council of PNG (BCPNG), tells Business Advantage PNG. Analysts say in the past benefits have been shown to outweigh the costs.