Fiji and Australian Business Councils to address post COVID recovery
Government and business professionals from Fiji and Australia will convene at the 27th Australia-Fiji Business Forum in Sydney next week. After a two-year hiatus, the Australia-Fiji Business Forum will be held for the
PNG resource boom to last 30 years: Trade Minister Maru
Papua New Guinea is expecting a resource boom from next year because of at least five multi-billion kina projects in the pipeline, says International Trade and Investment Minister Richard Maru. “We don’t have just
Minimum wage rise increases private sector burden: Vanuatu Opposition
The newly introduced VT300 (US$2.49) minimum wage has increased the burden of the private sector, especially the small medium sized enterprises. This is one of the arguments that the Opposition bloc has cited in the
How an ex-commando trainer from Singapore is changing tourism in the Pacific
While the superpowers and regional actors jostle for influence in the Pacific Ocean, Singapore and an ex-commando trainer may play a key role in changing the tourism landscape there. In September, the new Alii Palau
The business of bilas
Caleb Jarvis’ passion for Papua New Guinean art and craft started when he lived there as a young child, surrounded by, as he describes them, historical, functional, cultural and spiritual objects. “I lived in an
Survey reveals F$2.09 billion in Fiji tourism earnings in 2022
Fiji’s tourism industry earned a total of $FJ2.09 billion (US$1.045 billion) between April and December last year, according to new survey results released this week. The Fiji 2022 Annual International Visitor Survey
China-backed AIIB secures World Bank deal
The Asian Infrastructure Investment Bank, Beijing’s answer to the World Bank, has approved one of its highest-profile international partnerships, just weeks after it was accused of being infiltrated by China’s
PNG Cannery may generate K1.2 billion
Papua New Guinea Government and corporate partner RD Corporation will start talks on a fish cannery which is expected to generate about K1.2 billion (US$335 million) in annual revenue, says Prime Minister James Marape.
Thriving stock exchange eyed in PNG
Companies are not currently obliged to list on the Papua New Guinea stock exchange (PNGX), but a thriving stock exchange in the country can act as a catalyst for broader economic growth, says chairman David Lawrence. On
Too little to avert crisis, Puma Energy received US$12.7 million of foreign exchange in PNG
Puma Energy received about US$12.7 million (about K45.8 million) of foreign exchange (FX) on Friday, but this is still not enough to buy fuel needed to address the looming shortage in Papua New Guinea, the company’s
New craft beer brewery Inu Hake, offering different local flavours on Niue
Ihu Hake craft beer in local flavours like honey, vanilla, coconut and pineapple offers a different taste for locals and tourists on Niue. After many years of having only imported beer on the island, a locally owned
