The Asian Infrastructure Investment Bank highlights China’s collaborative approach, but who’s benefiting from the bank? What’s its footprint in the Pacific? and what does a ‘greener’ future look its current and new projects? Devpolicy’s Senior Researcher, Cameron Hill, provides an overview.
In an environment of plummeting interest rates, long term infrastructure investment is a sound option for both investors and governments. Financial and business commentator Michael Pascoe, speaking in Port Moresby last week, noted that the difficult global financial environment throws up opportunities for countries like Papua New Guinea.
The Ok Tedi mine expected to start again in March, the US formally withdraws from fishing treaty, and unions call on government to honour superannuation commitments. Your weekly digest of the latest business news.