Pacific Island economies show resilience amidst challenges

A new report by ANZ Research says there are challenges ahead for six Pacific Island countries in sustaining the momentum of economic growth. In the bank’s latest Pacific Economic Outlook, economists Kishti Sen and Tom

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ANZ’s stubborn optimism on the PNG economy

In 2013, the ANZ Bank produced a big report on PNG’s economic future in which it expounded on its “considerable optimism about the country’s future”. The report outlined three scenarios for the resources sector:

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Look north to PNG, Fiji urged

The Papua New Guinea economy is expected to “double in size in the next 10 years” says ANZ Pacific Economist, Dr Kishti Sen. And that is a huge opportunity for Fiji and other Pacific Island economies. While Dr Sen

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Watch Women Win: in NZ and the Pacific

The role of women in leadership is slowly becoming accepted in our society, but the pace of this acceptance leaves much to be desired. And both men and women are partly to blame for that. That was the view of ANZ New

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Economic diversification is key for Fiji

Fiji’s recovery is good; however it needs to diversify its economy said Dr Kishti Sen, ANZ Pacific Economist, during his visit to Fiji last week. “Our expectations towards the end of last year was that the tourism

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ANZ expects Fiji’s “high” liquidity to ease from next year

Liquidity in Fiji’s banking system shattered the F$2.5 billion mark at the end of July, notching another historic high and maintaining a trend that began in January this year.  And the word from a major bank

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ANZ to close American Samoa, sell Guam businesses

ANZ is closing its banking operations in American Samoa and is looking for buyers for its Guam business. ANZ Country Head, American Territories, Clarke Schaumann, said: “This was not a decision we made lightly but we

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Fiji briefs: ANZ, Kontiki, FijiLink, Lyndhurst, Port Denarau Marina

After five years leading ANZ’s business in Fiji, ANZ Fiji Country Head Saud Minam will leave ANZ on 30 April 2021. During his tenure at ANZ Fiji, Mr Minam oversaw the FJ$10m refurbishment of ANZ Fiji’s branch

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Fijian exporters urged to explore PNG

As the global trade environment pushes further into uncertain territory, Fijian exporters are being urged to take advantage of what Papua New Guinea has to offer.  In a presentation to local businesses this week,

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