Solomon Islands Opposition Leader calls for mining moratorium
Solomon Islands leader of Opposition, Matthew Wale has called for a moratorium on all forms of mining in the country until proper management and regulatory policies are put in place to safeguard the people and their
Keeping the bank door open for Pacific peoples
Now is the time for New Zealand banks to act with courage to keep providing banking services, including money remittances, to the Pacific Islands open. The scale and complexity of the challenges facing Pacific Island
PNG economy may recover when second LNG project begins, but debt will rise
Ratings agency, S&P Global Ratings expects the Papua New Guinea to recover when the second LNG project commences next year, but has maintained a Negative outlook for the economy. In its latest review of the South
Uncertain times for Fiji-listed companies
Fiji’s second COVID-19 wave continues to batter the economy, and a series of market updates released by companies listed on the South Pacific Stock Exchange make for sobering reading. None of the listed companies are
Green shipping boost: China Navigation supports Marshall Islands’ carbon tax proposal
(SPLASH)China Navigation is to sign for a revolutionary sail-assisted newbuild this month as part of a package of green measures announced today. The Swire subsidiary has also come out in favour of the proposal put
Fiji’s Reserve Bank cuts select interest rates
The Reserve Bank of Fiji has reduced interest rates in a bid to reduce borrowing costs for businesses and households. Commercial banks and licensed credit institutions operating in Fiji can now access funding from the
Fiji GDP down 9.7%: Reserve Bank
The Reserve Bank of Fiji reports that for the first nine months of the current fiscal year, Fiji’s government recorded a net deficit of F$905.0 million (-9.7% of GDP). Government expenditure ($2,256 million) almost
Delving into digital: Kina finds its sweet spot
The entry of Papua New Guinea’s Kina bank into the fairly competitive Fiji market later this year will bring a range of digital products that should stimulate further innovation in the sector and more choice for
Delving into digital: Kina finds its sweet spot
Kina Bank is set to bring new digital products to Fiji when it acquires Westpac's Fiji
PNG growth may be unstable due to second wave: BSP
Bank South Pacific says while PNG’s 2021 economic growth is projected to recover to 3.5%, growth “may be unstable owing to external and domestic factors and strong headwinds from the COVID-19
World Tuna Day: What does it mean for the Pacific?
Recent years have seen a power shift, with Pacific Islands Nations gaining greater control and revenue returns from their Tuna fisheries. This has been the result of cooperation and hard work. This article will show