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
The Papua New Guinea branch of global consulting firm Deloitte Touche Tohmatsu is opening a branch in the Solomon Islands capital, Honiara.
Business Advantage PNG spoke with the region’s three most senior bankers to get their thoughts on the year ahead.
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.
While Solomon Islands lies in the mineral-rich Pacific Ring of Fire, its mining sector has yet to mirror the success of Papua New Guinea, the region’s minerals powerhouse. But the obstacles are being removed.
Less than a decade after its economy lay in ruins, the Solomon Islands is in remarkably good shape.