Liquidators say a ‘clearly’ broke Air Vanuatu owes at least $99m
Air Vanuatu administrators say the airline was “clearly not in a position to meet its financial commitments” well before it collapsed earlier this month, and is more than $99 million (US$66 million) short of being
Vanuatu PM discloses $2 billion fund diversion, Airline crisis unveiled
Vanuatu Prime Minister Charlot Salwai has revealed that the Vanuatu Government’s VT2 billion (US$8.3 million) budget allocated for a new plane was instead used to pay for the lease of the ATR72 aircraft.
National Economic and Investment Forum 2024
Join an exciting 2-day forum in Vanuatu to discuss investment, connectivity, skills and making the business environment easier and cheaper for businesses. Overseas speakers include Fiji Airways, Air Nauru and the
Whispers
Is Tuvalu next? Is Australia heading for another major embarrassment with Tuvalu in its geopolitical strategy in the South Pacific? There were strong indications in the hours before this edition of Islands Business went
Briefs
American SamoaThe American Samoa government has announced that foreigners can now acquire or start a new limited liability company (LLC) in the territory. The announcement opens up opportunities for foreign
Movers and Shakers
The Pacific Community (SPC) has appointed a new Micronesia Director based in Pohnpei, Federated States of Micronesia. William Kostka has decades of environmental, community and development expertise across the North
Pacific Tourism Organisation Attends China International Travel Mart (CITM) 2023
To enhance regional collaboration and tap into the booming Chinese tourism market, the Pacific Tourism Organisation (SPTO) led and coordinated the Pacific’s presence at the 24th China International Travel Mart
Moetai Brotherson at the Forum: “We all share this Moana Nui a Hiva”
For Moetai Brotherson, the newly elected President of French Polynesia, this week’s Pacific Islands Forum is a time to share ideas with the leaders of state from neighbouring island nations. “It’s necessary to
Movers and Shakers
The Pacific Community (SPC)'s Land Resources Division Director, Karen Mapusua, has been recognised with the Global Moana Agriculture and Community-Based Development Award during the recent Stars of Oceania awards
Movers and Shakers
Dr Filimon Manoni has assumed his new role as the Pacific Ocean Commissioner after serving the Pacific region as Deputy Secretary General of the Pacific Islands Forum since May 2020. Vanuatu’s Minister of
BSP Life Investment Portfolio Surpasses $1 Billion
BSP Life, Fiji’s leading Life and Health Insurance provider, today announced that its Investment Portfolio has exceeded $1 Billion, making it the second institutional investor to do so, after the Fiji National
