Skyrocketing prices hit Marshall Islands

Marshall Islands fuel prices hit the US$7.00 per gallon milestone this past week, adding an exclamation point to the prices for imported goods that have skyrocketed since last year. Food, vehicle fuel, transportation

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ATH launches new PNG broadband telecommunications network

Vodafone PNG is now live following the rollout of its 4G+ mobile broadband network. Fiji’s Amalgamated Telecom Holdings Limited (ATH) and Vodafone Fiji were the primary investors in the new network construction

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PNG’s Wafi-Golpu project talks stall

PNG's Wafi-Golpu project has been stalled over the remaining major issue of the mine waste disposal

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Digicel considering legal options after Papua New Guinea tax

Digicel is considering an appeal against a “sudden, bizarre and unprecedented” new tax announced by the Papua New Guinea

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Regional e-commerce negotiators training begins

Pacific officials have started a four-week training course to help them engage with negotiations and implementation of e-commerce rules. Currently, many Pacific countries require support to negotiate and implement rules

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Fijian businesses sought for U.S. investment Summit 

The United States embassy in Suva is recruiting companies to join a Fijian business delegation to the 2022 SelectUSA Investment Summit in June in the Washington, D.C. area. The Investment Summit promotes

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Wrong call on PNG tax for goods and services

Papua New Guinea businesses were taken off guard last week following Government’s announcement on the 10% removal of Good and Services Tax on selected basic goods in the country by April. PNG Manufacturer Council CEO

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PNG Company tax approved

The contentious PNG company tax or ‘super tax’ on the country’s big players in the banking and telecommunication sectors finally got the green light from Parliament Wednesday, now making it a law. While the tax

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Changes proposed to PNG super tax

Papua New Guinea's Parliament may consider some changes to the market concentration levy, or so-called 'super tax' this

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Moana Minerals secures Cook Islands exploration licence

Moana Minerals Limited has been awarded an exploration licence by the Cook Islands Seabed Minerals Authority. The exploration license grants Moana with exclusive rights for a period of five years to explore for cobalt-

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Fiji cops $500m a year or 5% of GDP from flood and cyclones but Climate Change Act will shock Fiji’s financial system, says RBF

Tropical cyclones and flooding may be costing Fiji $500m (US$250 million) a year but the country’s climate action commitments under its new Climate Change Act, 2021 will expose its financial system to

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Local banker Smith is Westpac Fiji CEO

Westpac has announced the appointment of Shane Smith as its new Chief Executive for Fiji. “I’m honoured and humbled by the opportunity to lead this great business and build on the legacy of my predecessors.

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FPCL projects to regain momentum with open borders

As we near the end of 2021, Fiji Ports Corporation Limited (FPCL) is preparing to release its results for the year. At the end of 2020 Fiji Ports paid its shareholders a $13.63 million dividend, recording an after-tax

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FNPF Builds for the Future

The Fiji National Provident Fund has played a critical role in meeting the immediate needs of Fijians affected by job losses and hardship as a result of the coronavirus pandemic over the past 18 months. While it meets

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Unlimited commercial kava export trial to Australia gets nod

Kava exporters from the Pacific Islands can now export an unlimited amount of kava to Australia for commercial purposes, under Phase 2 of Australia’s Kava Pilot program. Launching Phase 2 in Canberra yesterday in

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Just drop it!

By Jason Jett The pandemic may have forever changed the way people shop. As COVID-19 caused a sharp economic downturn in travel-related industries, home-delivery services boomed and are continuing to be vital. During

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Islands Business October 2021 edition

Islands Business September Issue

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Telstra seals Digicel Pacific deal

Australian telco, Telstra has partnered with the Australian government to buy Digicel’s South Pacific businesses for $US1.6 billion, finalising negotiations that have been underway for some months. Telstra will

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Fiji’s Abdul Lateef – An Untold Story

The late Abdul Lateef, founder of Lateef & Lateef Lawyers in Suva, was uninterested when it was suggested that a book be written about him.  A lifetime of service to country before his retirement in the late

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Tokelau gets high-speed internet access, as security concerns edge China edged out of laying undersea cables throughout Asia Pacific

Tokelau, whose nearest neighbour is 500 kilometres away, has become that much closer to the rest of the world, after a new submarine cable landed on its shores, bringing high-speed reliable internet access. The

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More than skin deep: The Pacific beauty industry

Coconut oil is a staple in most Pacific households. It perfumes the air at many traditional events. We massage our babies with it, use it to treat hands roughened by sea, salt and soil (and a bowl too many of kava),

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More than skin deep: The Pacific’s beauty sector

Coconut oil is a staple in most Pacific households. It perfumes the air at many traditional events. We massage our babies with it, use it to treat hands roughened by sea, salt and soil (and a bowl too many of kava),

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From seaweed to spa

Nama Fiji is a business built on a Fijian delicacy more often associated with lunch than lotions, and the determination and energy of Debra Sadranu. Sadranu came to Fiji in the mid-1990s. A trained beauty therapist, she

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Islands Business September 2021 edition

Islands Business September Issue

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