Doubts over PACER Plus
Trade adviser defends agreement “THERE is no reason to doubt the sincerity of Australia and New Zealand in relation to the commitments they have undertaken” PACER Plus, when it comes into force, does not
Business
Reviving the coffee industry on Tanna Island
Coffee is one of the main sources of livelihood for the people of Tanna Island. Home to one of the Pacific’s few active volcanoes, Yasur, its rich soils, abundant sunshine and rainfall, makes Tanna one of the best
MINING High risk, controversial business
On Viti Levu, the areas marked with shaded red are all prospective mining areas where 55 companies are currently carrying out works to see what minerals or metals can be found. The major player in the Namosi area is
SAVING SUGAR
Action for change WHEN the Fijian Prime Minister recently stood up at the recent International Sugar Organisations meeting in London and declared “we do not intend to give up on sugar cane in Fiji,” he was
CYBER FRAUD A crime without borders
FIJI, as one of the South Pacific’s most developed economies, is fast becoming a prime target for “cyber thieves” across the Globe. According to the Fiji Intelligence Unit (FIU), in just two years,
Corrupted trade routes in the Pacific
Papua New Guinea, Vanuatu, Solomons and Samoa top global trade estimates for illicit financial flows THREE of the world’s top ten most corrupted trade routes involve Pacific Islands countries. In the Pacific,
Pacific countries lose US $12.1billion in illicit financial flows
EIGHT Pacific countries suffered losses of US$12.1 billion over 10 years in what global finance reformers describe as “illicit financial flows.” Papua New Guinea ($4.3b) and Fiji ($2.7b) recorded the most
Tough times for nickel
ON the London Metals Exchange, the price of nickel has been on a rollercoaster. With slowing demand from China, the LME price has nearly halved since 2011. This poses major challenges for New Caledonia, which holds more
PACER Plus nears completion.
GIVEN that world trade in 2013-2014 amounted to US$18 trillion, increasing the Pacific’s share by a mere 0.1 represents at least $18 billion worth of additional trade between Pacific Island Countries and other
Internet revolution on the wing
TELECOMMUNICATIONS and Internet revolution in Palau hinges on funding opportunities and political backing. Palau, with the Federated States of Micronesia earlier has formed a Micro-Pal Fiber Optic Joint Committee last
$ lure at tuna talks
THE biggest tuna industry gathering in the Western and Central Pacific region, the prestigious Pacific Tuna Forum is on again, set to hold its 5th gathering at the luxurious Sofitel Resort, Denarau, Nadi, Fiji, from