Fiji’s economic growth steady

Fiji’s economic recovery continues despite projections from the International Monetary Fund that 2023 will be a tough year. Governor and Chairman of the Reserve Bank of Fiji Board, Ariff Ali, stated that the growth is

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Genia is Bank of PNG’s new acting governor

The Government of PNG has appointed Elizabeth Genia as new acting Governor for the Bank of Papua New Guinea. Treasurer Ian Ling-Stuckey said Genia has nearly four decades of experience working in PNG’s Central Bank

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Cabinet approves establishment of Samoa Export Authority

Samoa’s Cabinet has approved the establishment of the Samoa Export Authority (SEA). This was confirmed by the Deputy Prime Minister Tuala Tevaga Iosefo Ponifasio. He said export development was one of the

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PNG MP lauds Australia commitment

Minister for International Trade and Investment, Richard Maru has welcomed the Australian Government’s commitment to work with Papua New Guinea on the development of Special Economic Zones (SEZs). Maru in his meeting

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Cook Islands tourism industry faces spectre of fewer visitors

Cook Islands Tourism operators are preparing for a quiet few months, as visitor numbers drop as predicted. In November there were 10,278 visitors to the Cook Islands, a drop of about 24 per cent compared to October

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Palau businesses likely to participate in military tourism

For the first time, the U.S. MWR (Military Morale Welfare & Recreational Centre) has reached out to Palau businesses to discuss opportunities to participate in military tourism. The Joint Region Marianas Warfighter

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Samoa in cartel competition discussions

Samoan competition law enforcement officials will be among others from across the Pacific in Auckland with support from the Pacific Private Sector Development Initiative (PSDI) for a roundtable discussion ahead of the

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Fiji marks first Corporate Bond Offer under new regulations

Fijian Holdings Limited (FHL) last week opened a Wholesale Corporate Bond offer of F$30 million, stating it marks a major step forward in efforts to diversify the nation’s financial market. It is the first bond offer

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500 Fijian families to sign up for parametric insurance cover

500 families in two maritime islands in Fiji will this month join the latest parametric insurance product trial, launched in October by Tower Insurance, the third local insurance provider to offer parametric insurance

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The Pandemic, War and the Effect on Island Travel

It’s an early Tuesday morning in the seaside town of Levuka. A fish salesman is busy opening his doors to suppliers as they bring in their catch after the night’s fishing. A shop owner scurries around preparing to

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Fiji Kava prepares to rebrand as The Calmer Co

Fiji Kava will rebrand as The Calmer Co and complete its acquisition of ready-to-drink kava brand Leilo after spending the September quarter preparing for the strategic milestones, reports The Market Herald. The renamed

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Fisheries businesses off to Mauritius

Seven members of the business community across the region have been selected for a business peer-to-peer exchange programme in Mauritius this month. Pacific Islands Forum Director of Programmes & Initiatives, Zarak

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