A small nation with vast reserves of natural resources… sustained and stellar GDP growth despite a challenging operating environment… tension between foreign investors and those in the local population who believe their birthright is being sold off too cheaply… a copper and gold mine large enough to contribute a third of the nation’s GDP.
POMCCI’s Chief Executive David Conn identifies the key messages for the local business community from recent speeches from Peter O’Neill & ANZ’s Mike Smith
Sorcery killing
Business Advantage PNG spoke with the region’s three most senior bankers to get their thoughts on the year ahead.
Mohan new Pacific CEO at ANZ
Business leaders provide their own take on opportunities in PNG’s economy.
Papua New Guinea is expected to remain the standout economy in the Pacific over the coming year, with its success having a knock-on effect on neighbouring Solomon Islands. Business Advantage summarises the outlook for the region’s larger economies.
Papua New Guinea’s strong financial services sector is becoming ever more sophisticated in servicing both the mass-market and premium ends of the market.
After strong performances in 2009 and 2010, the Port Moresby Stock Exchange (POMSoX) experienced a tough 2011, as did many bourses around the world.