Kina’s acquisition of Westpac Pacific operations thwarted
Papua New Guinea’s Independent Consumer and Competition Commission (ICCC) has rejected Kina Securities Limited’s proposal to buy out Westpac Bank’s PNG operations. The ICCC’s decision reflects its concerns about
Nawadra to lead SPREP
Fiji’s Sefanaia Nawadra is the new Director General of the Secretariat of the Pacific Regional Environment Programme (SPREP). Nawadra takes up the role next April, and will succeed Samoa’s Kosi Latu, who has served
The Pacific looks to Glasgow
What will the Pacific islands region be prioritising at the COP26 climate talks? By Dr Ian Fry As wildfires take lives and ravage property around the Mediterranean and North America and floods destroy lives and property
Aingimea: USP ‘thriving’, won’t be drawn on Fiji parliamentary criticism
*This news item was updated at 5:20pm (Fiji time) Nauru’s President, Lionel Aingimea says the University of the South Pacific is thriving, despite Fiji not providing grant funding. When Islands Business asked
U.S funding tapped for Pacific undersea cable after China rebuffed
The Federated States of Micronesia (FSM) will tap a U.S funding facility to construct a Pacific undersea communications cable, two sources told Reuters, after rejecting a Chinese company-led proposal that was deemed a
Pacific events this week
What’s on in the Pacific Islands region this week: Pacific Internet Governance Forum 2021 The Pacific Internet Governance Forum 2021 (PacIGF) is a regional event that brings together stakeholders from around the
FIji Business Briefs: SPX, Fiji Airways, Thunderstruck
It is reporting season at the South Pacific Stock Exchange, with ATH, Communications Fiji, Kontiki Growth Fund and FijiCare all reporting profits. Plus Fiji Airways celebrates 70 years and exploration is underway at
Vanuatu at 41
Vanuatu was again able to throw the need for social distancing and mask-wearing to the wind as its people sang and danced to celebrate 41 years of Independence on July 30. Unlike its neighbours—Australia, New
World Rugby welcomes Pacific teams to Super Pacific Rugby 2022
The Super Pacific Rugby format for 2022 has been confirmed with Moana Pasifika and the Fijian Drua making up an exciting 12-team line-up. The decision was made following a detailed financial, performance and commercial
Bainimarama condemns nuclear testing “atrocities”
Commemorating the International Day Against Nuclear Tests, Fiji Prime Minister Voreqe Bainimarama has spoken out about the health and environmental legacies of Cold War nuclear testing in the Pacific. As Pacific Islands
Impact Investment: Taking ownership to future-proof the Pacific post-COVID
COVID-19 has been a stark reminder of how our economic, social and environmental systems are closely intertwined and dependent on each other. The pandemic has deeply affected the economies of many Pacific nations. How
Rugby 7s Olympic Glory unites nation, Pacific
When you think of Rugby 7s, the ascent of Fiji’s men’s team to the summit of 7s heaven and their winning of almost every accolade of the fast-paced and ever-growing sport is usually the first thing that come to
France expands Pacific reach
The French government is expanding its engagement with Pacific Island nations, following the fifth France-Oceania summit, a visit by President Emmanuel Macron to French Polynesia, and increased support by France and the
UBS Inquiry: Loan losses quantified
Papua New Guinea lost US$432 million on a loan arranged by the Sydney office of the Union Bank of Switzerland (UBS) in 2014, far more than earlier thought, the UBS Inquiry has heard. Current Prime Minister, James
Fukushima power reactor: What about risk management?
Concerns over the Fukushima power reactor persist. In early May, former Secretary General of the Pacific Islands Forum Secretariat (PIFS), Dame Meg Taylor, called on Japan to reconsider its decision to release more than
Tuilaepa rallies in vain
The political car rally that took place in Apia led by former Prime Minister of Samoa, Tuilaepa Sailele Lupesoliai Malielegaoi on July 30 was reminiscent of the rallies staged by supporters of former President Donald
Nurturing the seeds of MSMEs
Economists used to say that micro, small and medium enterprises (MSMEs) were the backbone of Pacific Island countries. But as the impact of COVID-related border closures deepens almost 18 months into the crisis,
Fiji’s shot in the arm for MSMEs
The Fiji government’s latest budget included a F$200 million (US$94 million) financial package for MSMEs to be rolled out by the Reserve Bank of Fiji and commercial banks. The Fiji Development Bank’s new CEO, Saud
Weaving a path to sustainabiliy
As founder and creative director, Jessica Cassell’s ambition for Papua New Guinea’s Bilum & Bilas is for the venture to be well-known internationally as “a brand that has best practice around in working with
Kava: brewing up a storm
There’s a storm brewing over the Pacific as the region’s kava industry watches a gradually unfolding situation in the North Queensland city of Bundaberg. Known more for its sugar cane and famous rum, the city has
Olympic Glory unites nation and the Pacific
The medal-winning performances of the Fijian men and women's teams at the Tokyo Olympics have united the nation and the
The Pacific looks to Glasgow
By Dr Ian Fry As wildfires take lives and ravage property around the Mediterranean and North America and floods destroy lives and property in other parts of Europe, China and Nepal, Pacific Island countries are bracing
France expands Pacific reach
The French government is expanding its engagement with Pacific Island nations, following the fifth France-Oceania summit, a visit by President Emmanuel Macron to French Polynesia, and increased support by France and the
