May 15, 2021 Last Updated 6:06 PM, May 14, 2021

2013 October (23)

The Pacific Islands Forum Leaders Meeting in Majuro in September underlined the urgency of the climate challenges facing our region. The Majuro Declaration for climate leadership noted that climate change is the greatest threat to the livelihoods, security and well-being of the peoples of the Pacific and one of the greatest challenges for the entire world. The Forum Leaders Meeting…

PNG power shortage

The Papua New Guinea Government is embarking on a major electricity project, to ease the continuous power problem affecting the National Capital District and surrounding areas. The Independent Public Business Corporation (IPBC) and PNG Power Limited (PPL), signed a contract for the project, worth over K25 million (US$9.6 million), with an Israeli company, LRGroup. This company will upgrade all major…

New business reforms

Vanuatu’s new Companies (Insolvency and Receivership) Act and Insolvency (Cross Border) Act, in combination with the 2012 Companies Act, will make it easier for local people to conduct business. The Asian Development Bank (ADB) supported the drafting of the legislation through the Pacific Private Sector Development Initiative (PSDI). “These ADB-assisted business law reforms will help lower the costs of establishing,…
Australia’s two major airlines flying thousands of tourists to the region—Virgin and Qantas—lost millions in revenue this year as they grapple with the global slowdown in aviation and rising fuel costs. Multi-million mergers and alliances with megarich airlines from the Middle East fail to ease the pain of the airline giants—engaged in fierce price war in the region, encompassing Australia,…
Tonga’s tourism and transport industry not only got its first taste of what a cruise luxury liner can bring to its shores but more importantly how to reap the benefits from the thousands of tourists disembarking on the kingdom. When cruise boat Sea Princess, bringing with it 1950 passengers from Australia, berthed at the newly upgraded Vuna Wharf in Tonga’s…
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