Fears of the collapse of Fiji’s multi-million dollar sugar industry prompted its government late last month to opt for an Interim Economic Partnership Agreement (IEPA) with the European Union. Investigations by Islands Business magazine had shown that once Fiji’s sugar exports to the EU market are taxed, Fiji sugar will ...
the Commonwealth of the Northern Mariana Islands has received a five-year extension of a critical programme allowing it continued access to some 10,000 foreign workers up to 2019 for its recovering economy. But it still faces other key immigration issues, most of which are waiting United States Congress actions. Among ...
TWO new Japanese-initiated petrochemical plants – one each in Papua New Guinea and West Papua, Indonesia are set to pick up green lights as feasibility studies open new hopes for creating local petrol sufficiency in parts of the region. To bolster Japanese interest in PNG, a reciprocal visit to Port ...
The history of the Marshall Islands is littered with so many failed attempts to turn aquaculture and fish farming ideas into commercially viable businesses that it is a wonder Rongelap Mayor James Matayoshi even considered starting a fish farming operation in Majuro. But for once, all of the ingredients are ...
After huge cost overruns, major delays and problems with faulty designs, the largest construction project ever undertaken in the Federated States of Micronesia is now at a standstill with multiple lawsuits looming.
Pacific’s national tourism offices have given thumbs up to efforts by the South Pacific Tourism Organisation (SPTO) to organise a regional tourism buyer and seller market.
Operators of Papua New Guinea’s new liquefied natural gas export company have trained nearly 10,000 locals for production and delivery roles as the region’s biggest commercial project rolls off the ground next month.
Regional tourism body, the South Pacific Tourism Organisation (SPTO) wants tourism data to be accurate and made available on a timely basis.
A new wave of splurge spending by Chinese in the Pacific and Papua New Guinea’s incredible leap into high economic drive with a mid-year opening of LNG project will open roads to a phenomenal growth in Asia/Pacific in the very near future, the region’s leading bank, Australia & New Zealand ...
Uncertainties in initial assessments on Nauru Island were behind the Bendigo and Adelaide Bank’s decision not to establish full commercial operations or a community bank as planned. The bank had proposed to open a community bank on the island last year and sent a team to carry out due diligence ...
In a world that’s becoming increasingly environmentally-friendly, logging is a dirty word. So much so that even commercial banks, conscious of the growing influence of the green economy, are refusing to have anything to do with loggers. That awareness has driven the logging industry in Solomon Islands to lift its ...
With less than three months of wait left before Papua New Guinea rolls out exports from its US419.12 billion (Kina 52.16 billion) LNG project, Peter O’Neill’s Government has given thumps up for a second such plant involving Australian and French interests. Australia’s Oil Search and Paris-based Total Oil sealed a ...
Bank South Pacific, the largest bank in Papua New Guinea and the South Pacific has announced more than K400 million (USD147m) in net profit for the 2013 financial year. The BSP Group achieved a consolidated operating profit before tax of US$223.5m for the 2013 financial year an 11.3% increase on ...
Pacific island countries with legitimate tax-haven status like the Cook Islands and Vanuatu risk being isolated and dealt with under new radical plan to force governments and their agencies to reveal details of non-residents hiding stashes of cash in their countries.
Mon 17 Mar 2014 -
We should be so lucky to have the Parties to the Nauru Agreement (PNA) having such problems like this—what to do with US$93 million and how to distribute this pot of money resulting from last year’s successful conclusion of negotiations with the U.S. government and its tuna industry? This is ...
The weekly 40 working hours for some 800 Yazaki Samoa factory workers will be reduced starting February to 32 hours.
New Year’s Day 2014 will be remembered as the day that Samoa left the group of countries considered the least developed in the world.
The plummeting world copra prices has forced copra plantation owners to look for other avenues to raise the value of their copra.
The Pacific should consider itself lucky. It is not amongst the 19 countries that will suffer aid cuts under the European Union’s new international aid initiatives.
As global supply exceeds demand for coffee for a fourth straight year, small world producers like Papua New Guinea and to lesser extent Vanuatu will feel the pinch of exports dwindling in 2014 in the US$70 billion world market.
This year could be a defining year for seabed minerals in Cook Islands.
New reports emerged in Washington last month with claims that Cook Islands is hiding millions possibly billions in monies secretly moved there by foreign trusts. A prominent United States financial investment lawyer was quoted by the respected New York Times suggesting that real estate developers, healthcare providers, accountants, architects to ...
As Australia’s car manufacturing took a new twist last month with the announcement of an imminent closure of Holden brand name from 2017, shivers were being sent through to Samoa where a parts manufacturer was weighing up its chances of survival.
Fiji Airways is looking to expand its partnership with Qantas to include codeshared flights but sees no value in joining any of the airline alliance families such as Oneworld, Star Alliance and SkyTeam. Qantas holds a 46 percent stake in the Fijian carrier and the two airlines currently operate a ...
The Pacific trade bloc of the African CARIBbean and Pacific (PACP) is expected to maintain its “variable geometry” stand when it returns to negotiations with the European Union for an Economic Partnership Agreement (EPA) this year.
- Thu 28 Aug - UNSIDS : Protect our oceans, urges Samoa minister
- Wed 27 Aug - Samoa: Fuimaono Titimaea Tafua back as Sevens Head Coach
- Wed 27 Aug - USA: Why Island Wisdom Is Crucial to Help Adapt and Prepare for the Impacts of Climate Change the World
- Wed 27 Aug - New Zealand: Air New Zealand's profit up 45 percent
- Wed 27 Aug - Papua New Guinea: PNG Minister warns NBC to take stock
- Wed 27 Aug - Australia: Professor Ross Garnaut says China can help lead push in reducing world's carbon emissions
- Wed 27 Aug - Guam: Guam dialysis centers post high patient death rate
- Wed 27 Aug - Kiribati: Call to remove Kiribati minister rejected
- Wed 27 Aug - Papua New Guinea: PNG National Capital District Governor reaches out to HIV vulnerable
- Wed 27 Aug - Solomon Islands: Family Protection Bill receives support