Oil Search rejects Santos bid
Oil Search rejected an unsolicited scrip-based takeover proposal from Santos Ltd that valued the Papua New Guinea-focused oil and gas producer at AUD$8.8 billion (US$6.5 billion), the two companies said on Tuesday.
Oil Search rejects Santos bid
Oil Search rejected an unsolicited scrip-based takeover proposal from Santos Ltd that valued the Papua New Guinea-focused oil and gas producer at AUD$8.8 billion (US$6.5 billion), the two companies said on Tuesday.
No progress on Fiji bubble until COVID is controlled: Australia
Australia’s Minister for International Development and the Pacific says Australia will want to see COVID cases under control in Fiji before any commitment can be made on a travel bubble. When Fiji’s Minister for
First delivery of COVID-19 vaccines to Tokelau complete
Tokelau has received its first batch of COVID-19 vaccines, with a 5000 nautical mile trip to transport Pfizer vaccines now complete. HMNZS Wellington has successfully delivered the vaccine consignment to the Fakaofo,
Telstra in talks to buy Digicel Pacific with Australian government support
Telstra Corp Ltd (TLS.AX) says it was in discussions to buy the Pacific operations of telecom company Digicel Group, with the support of the Australian government, which will likely fund the majority of the deal amount.
Fiji’s Vuniwaqa vies for top UN Women job
Fiji’s Minister for Women, Children and Poverty Alleviation, Mereseini Vuniwaqa has applied to be the new executive director of UN Women, the United Nations agency dedicated to gender equality and the empowerment of
Fiji, the World Bank and debt
When Fiji’s Minister for Economy delivers his budget address this evening many eyes will be on figures around the country’s debt-to GDP ratios. This week, Pacific Islands Forum Economic Ministers were preoccupied
COVID-19 Delta variant reported in PNG
A single positive COVID-19 case with the Delta mutation has been detected in Papua New Guinea. Deputy Controller of the PNG COVID-19 National Pandemic Response Dr Daoni Esorom confirmed a 65-year-old Philippine national
Fiji COVID cases hit 1200 in a day
As Fiji’s daily COVID-19 cases hit 1,200 in a 24 hour period, Fiji’s top health official is looking to bring in more retired health workers, recent graduates and civil servants to help boost medical and health
Economist says Guam’s economic future remains unpredictable
Guam’s post-lockdown economic activity may have returned to “some semblance of normalcy or some notion of what it was before,” but unpredictable variables are clouding the long-term outlook for the island, Bank of
Still no news on the appointment of Niue Premier as USP Chancellor
Niue is preparing for the graduation of a large cohort of University of the South Pacific students in October this year. The call for applications to graduate is now open until the end of the month says USP Niue
BSP and FASU clash over alleged money laundering warning
The Bank South Pacific Financial Group Ltd (BSP) has always complied with its anti-money laundering and counter-terrorist financing (CTF) obligations in Papua New Guinea, says chairman Sir Kostas Constantinou. He made