Economic growth in Solomon Islands is expected to rise at a moderate four to five percent this year, a little lower than the 5.5% growth rate in 2012.
Deloitte PNG opens Solomon Islands office
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4 Mar 2013 by
The Papua New Guinea branch of global consulting firm Deloitte Touche Tohmatsu is opening a branch in the Solomon Islands capital, Honiara.
How will PNG’s and the Pacific’s economy fare in 2013?
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29 Jan 2013 by
Business Advantage PNG spoke with the region’s three most senior bankers to get their thoughts on the year ahead. ‘There will be some slowness in the year ahead based on global economic factors, but on the whole I’m reasonably positive,’ says ANZ’s CEO Pacific, Vishnu Mohan (pictured below). ‘I think the good news for the […]
PNG spearheads regional growth
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1 May 2012 by Leave a Comment
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. Unsurprisingly, the region’s fastest-growing economies are those whose economies are based around exporting natural resources, especially to Asia. ‘In Papua New Guinea […]
Solomon Islands mining industry bounces back
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1 Feb 2012 by Leave a Comment
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. Mining in the Solomon Islands reached its nadir in May 2000, when its only gold mine, Gold Ridge on Guadalcanal, was […]
Solomon Islands: from bust to boom [economic update]
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1 Feb 2012 by Leave a Comment
Less than a decade after its economy lay in ruins, the Solomon Islands is in remarkably good shape. The Solomon Islands has undergone an economic transformation over the past decade. Its GDP has more than doubled since 2003, with its Central Bank estimating 2011 GDP growth at 8.2%, up from 7.2% a year earlier. Meanwhile, […]
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