Fiji pension funds are secure, says FNPF boss
Fiji’s workers’ pension fund, the Fiji National Provident Fund has reiterated that members funds are well protected and that the Fund has the capacity to meet partial withdrawals for members who have lost work
Fiji inks first loan deal with AIIB worth US$50million
The Asian Infrastructure Investment Bank (AIIB) announced its very first loan approval for Fiji last week, making Fiji the first country in the Pacific region to access financing from the China-led multilateral
Real Life Heroes recognised for their selfless efforts
“These real life heroes deserve our gratitude every single day,” were the words of Fiji’s Minister of Rural & Maritime Development & Disaster Management, Inia Seruiratu at World Humanitarian
Pacific Economic Ministers call for debt relief and donor flexibility
Pacific Islands Forum Economic Ministers are asking development partners to provide debt relief, and increase general budget support as island nations struggle with the economic impacts of coronavirus pandemic. At the
‘A little bit of maybe’ on easier Australian terms for infrastructure debt and new aid
Australia’s Assistant Treasurer says in the post-COVID environment Canberra is willing to re-examine its policies including loan concessionality, debt consolidation and aid allocations to Pacific Islands nations but
The triple challenges of the Blue Pacific: battling a health, economic and climate crisis through regional solidarity
Current global forecasts envision a 5.2% contraction of the global economy in 2020 – the deepest global recession in decades. Triggered by the COVID-19 pandemic, this recession will have long term impacts on economies
Remember Hiroshima…and the Pacific
In Japan, they’re called hibakusha – the survivors of the US atomic bombing of Hiroshima on 6 August 1945, and the bombing of Nagasaki three days later. Seventy-five years on, the survivors remember those days, and
Hope on labour mobility
There’s good news for Vanuatu’s seasonal workers this week with the announcement that 170 workers will be able to go to Australia for the mango season. The workers will go to the Northern Territory in a pilot
5-way race for Forum leadership
Pacific Islands Forum Secretary General Dame Meg Taylor has declined to comment on the negotiations over her successor as head of the regional organisation, saying only “I have a job to do and I’m going to do it
French nuclear tests: ‘I bury people nearly every day, what was our sin?’
The day began with a video, showing a disparate collection of arresting images – the drowned Greenpeace photographer Fernando Pereira, camera in hand and a huge smile on his face. Mugshots of two captured French DGSE
COVID-19, geopolitics and the Pacific Way – Dame Meg Taylor on the path out of our current crisis
The Pacific today faces three crises: a health crisis, an economic crisis and the ongoing climate crisis, and Pacific Islands Forum Economic Ministers will discuss all three when they meet (virtually) next week. As the
ADB releases loans, grants for Pacific
The Asian Development Bank has announced a series of grants to Pacific nations. US$13.3million has been made available to 10 nations—Cook Islands, Kiribati, Marshall Islands, Federated States of Micronesia, Palau,
Yachtie calls on Aust, NZ to set up Blue Lanes
The skipper of a yacht that has just been cleared under Fiji’s ‘Blue Lane’ program says Australia, New Zealand and other Pacific island nations should follow Fiji’s lead and create an easy pathway for yachts to
F$25m price tag for Beachcomber Island Resort
One of Fiji’s oldest island resorts is now on the market. Beachcomber Island Resort in the Mamanuca islands in Western Viti Levu was chalked onto the “For Sale” list by Bayleys Real Estate this week with a price
PNG: COVID cases up, POM locks down
PNG’s Acting Health Secretary has announced another suspected death from COVID-19 in the Nation’s Capital. Dr Paison Dakulala said a 35-year-old health worker died due to respiratory illness as a result of
Fiji budget ‘lacks compassion’ says NGOs
As the 2020-21 Fiji Budget debate has commenced in parliament, a number of community organisations have expressed their concern about what they describe as the lack of compassion in the Budget. “It’s not only
Pacific Funds want to invest in island infrastructure
The Pacific Islands Investment Forum says economic conditions caused by the coronavirus pandemic are an opportunity for the region’s superannuation, pension and provident funds to accelerate plans to pool their
Islands Business July 2020 edition
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Opinion: Building the Pacific the Pacific Way
The Pacific Way was coined by the late Fijian and Pacific Islands stateman, Ratu Sir Kamisese Mara, in which people of different races, opinions and cultures can live and work together for the good of all, can differ
Adapting remittances to the new normal—the case of Fiji
Remittance flow falling victim to the COVID-19 pandemic was anybody’s guess. It was only a matter of time before this realisation would hit global economies, and drastically, in most cases. It was not