Suspension of operations at Porgera mine lifted after 16 days, consumers to wait for imported vegetables, and Woodside reiterates ‘fairness’ of Oil Search takeover offer. Your weekly digest of the latest business news.
Papua New Guinea, Timor Leste stand out in slowing Pacific economy
Welcome,
2 Jul 2013 by
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.
How will PNG’s and the Pacific’s economy fare in 2013?
Welcome,
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
Welcome,
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 […]
USD 0.2475
AUD 0.3829
GBP 0.1953
EUR 0.2348
NZD 0.4224
JPY 38.74
SGD 0.3326
Recent readers’ comments