In brief: Pacific tuna catch limits wanted and other stories

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The Pacific demands tuna catch limits, a corruption report injunction lifted, and a call for a national debate on foreign investment laws. Your quick digest of the week’s business news.

Around the world: Papua New Guinea economy ‘at risk’ and other international stories

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The Bank of Papua New Guinea warns of economic risks, while Brazil provides some pointers to the employment of more women in the workforce.

Papua New Guinea, Timor Leste stand out in slowing Pacific economy

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Growth across the Pacific region is expected to slow slightly during 2013, with Timor Leste, Papua New Guinea and Nauru the outstanding performers, according to a mid-year review by the Asian Development Bank.

Around the World: the growing influence of social media on Papua New Guinea politics and other international stories

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Social media is increasingly influencing Papua New Guinea politicians; a warning that government revenues may fall amid a resources downturn; and more.

Papua New Guinea turns to neighbouring Indonesia

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The Papua New Guinea Government plans to have a trade representative located in Jakarta from next year, as it seeks to boost trade and business links with neighbouring Indonesia.

Solomon Islands’ GDP down, but growth still strong

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Although gross domestic product (GDP) growth halved last year in the Solomon Islands, the Central Bank of the Solomon Islands’ (CBSI) 2012 annual report, released last week, makes encouraging reading.

EMTV spreads its wings

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The global media revolution has arrived in Papua New Guinea, with local television company EMTV transforming from a traditional broadcaster into one in step with the digital age.

Papua New Guinea economic growth to ease to 5.5%: ADB

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Papua New Guinea’s gross domestic product is set to increase by 5.5% in 2013, according to the Asian Development Bank’s latest Pacific Economic Monitor, released last week. This is compared to growth of 9.2% in 2012.

People Moves: ANZ/Vanguard

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Geoffrey Buchanan has been appointed ANZ’s new Chief Executive Officer for the Solomon Islands. Vanguard International has appointed Peter Garnsey as Executive Director in charge of its labour hire/contractor division.

Solomon Islands hydro scheme plans go to government in September

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The four-year feasibility study on Solomon Islands’ Tina River hydro dam project on Guadalcanal Island is nearing completion and a final report will go to government in September this year.