Asia Economy

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The People’s Republic of China (PRC) has become an active partner of Papua New Guinea in recent years, and the close ties have risen each to prominence in the other’s homeland. PNG is China’s largest trading partner among South Pacific nations, while the Asian powerhouse has climbed to second place, behind Australia, in terms of trade volume...

Today the idea of the “developed West and developing rest” is all but irrelevant. The world has changed and so must the UK if we are to prevent our role and influence in international affairs from declining. Key to this will be making the most of opportunities presented by a new international paradigm in which economic power and influence is...

What are the top domestic priorities in 2012 in terms of attracting new investors?

Having enjoyed prolonged and positive relations, the dominant international powers in the South Pacific region – traditional allies like Australia, the US, the UK and France – influenced PNG’s policy throughout the 20th century. However, recent years have also seen an increasing recognition of the importance of Asian and South-east Asian states...

A shift in the economic growth model is nowhere more apparent than in the fast emerging economies of South-east Asia. Once heavily dependent on exports to advanced markets, the countries of the ASEAN region are focusing on regional trade and investment opportunities.

The largest of the Pacific Island nations, Papua New Guinea (PNG) occupies the eastern half of New Guinea and hundreds of nearby islands. A mountainous and forested terrain has led to astonishing cultural and linguistic diversity, even as it inhibited development. 

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