Horizon Oil Chairman stepping down, a new Special Co-Ordinator for RAMSI
Around the world: Papua New Guinea economy ‘at risk’ and other international stories
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10 Jul 2013 by
The Bank of Papua New Guinea warns of economic risks, while Brazil provides some pointers to the employment of more women in the workforce.
Around the World: the growing influence of social media on Papua New Guinea politics and other international stories
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29 May 2013 by
Social media is increasingly influencing Papua New Guinea politicians; a warning that government revenues may fall amid a resources downturn; and more.
Australian aid to Asia-Pacific region increases
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15 May 2013 by
Australia’s aid program will increase by 10 per cent or about A$500 million in the 2013-14 budget to a record AUD$5.7 billion—the equivalent of 0.37 per cent of gross national income (GNI).
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 […]
BSP leads Papua New Guinea’s charge into the Solomons
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1 Feb 2012 by Leave a Comment
Papua New Guinea firms are playing a key role in the Solomon Islands as investment floods in. The opening of a landmark new head office building in central Honiara marks the final stage of the takeover by Bank South Pacific (BSP) of the former National Bank of Solomon Islands (NBSI). It also symbolizes the pivotal […]
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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