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.
Papua New Guinea was the first Pacific country to sign up to China’s Belt and Road Initiative, an infrastructure development program across Eurasia. David James considers some of the implications identified by analysts.
A team of researchers have discovered evidence of trade between Papua New Guinea and Australia over 2,500 years prior to colonisation. Their findings will help unravel the forgotten shared history of PNG and Indigenous Australia across the Torres Strait.
The global mining industry is still in a ‘big hangover’, says Newcrest Mining’s Chief Development Officer, Michael Nossal. He tells an industry event that improving productivity is now the name of the game, as the industry waits for the interest from investors to return.