Tourism is a vital sector of Vanuatu’s economy: Seremaiah
Vanuatu’s Minister of Tourism, Trade, Commerce and Ni-Vanuatu Business, Matai Seremaiah, has welcomed the reinstatement of Virgin Australia Airline’s scheduled services to Vanuatu after its last flight on 15
Use of automated systems boosts revenue in Tuvalu
Tuvalu has increased revenue by 20% after automating its customs management systems. Paperless customs procedures have really made it simpler for traders in Tuvalu, says Sania Teisini, Director of Tuvalu’s Revenue
Noni juice inching closer to exports
There is good news for noni exporters and producers across the region, with some progress towards having regional standards for fermented noni juice. Nonu (noni) is an important agricultural export in Samoa,
K2.3billion financial sector crucial: PNG Treasurer
The banking and financial sector accounts for K2.3 billion (US$653 million) of the national economy, according to Papua New Guinea Treasurer Ian Ling-Stuckey. Ling-Stuckey discussed the banking tax and the economy with
PNG’s Investment Promotion Authority to deregister firms
Papua New Guinea Investment Promotion Authority (IPA) expects the number of companies listed in its system to drop, due to its cleansing exercise, an official says. Managing director Clarence Hoot said those companies
PNG businesses struggle due to shortage of foreign currency
The shortage of foreign currency currently faced in the country is causing many Papua New Guinea business houses to see a decline in their sales and profit. City Pharmacy Ltd Group, one of the biggest retail businesses
CEO Alabaster exits Air Niugini
Papua New Guinea’s national airline company Air Niugini Limited’s chief executive officer Bruce Alabaster has stepped down from his position. Air Niugini chairman Sir Kostas Contantinou announced that Alabaster
Impressive results excite new BSP boss
New BSP Financial Group chief executive officer, Mark Robinson is impressed with steady results produced by BSP Group, not just for one year but for a longer period of time. He said the result does not only reflect a
Palau Senate bill eyes changes in labour law
The Palau Senate is eyeing amendments in the existing labour law to allow for a more “progressive labor workforce.” Senate Bill No. 11-82, which was on first reading and referred to a Senate Committee for further
Vanuatu regulates cultivation of cannabis and hemp
The regulations for the importation, cultivation, processing and export of medical cannabis and industrial hemp in Vanuatu were officially signed Wednesday. A person or business wanting to legally cultivate cannabis and
Improve PNG trade standards: Minister Maru
More effort and focus need to be put into improving standards and requirements for PNG products to be sold on international markets, says International Trade and Investment Minister Richard Maru. Maru was comparing