Last gasp efforts to save Air Vanuatu
As Vanuatu’s government seeks to revive Air Vanuatu, the World Bank has pointed to the airline’s collapse as a cautionary tale about the risks of “opaque State-Owned Enterprise
Business
Distance and cost of living curb ability to hire employees on Guam, CNMI
Federal agencies struggle to hire and retain employees on Guam, the Northern Marianas and other U.S territories due to geographical and various socioeconomic challenges, according to the Government Accountability
Bougainville Mama Bank officially opens
In a landmark initiative aimed at bolstering the microeconomic landscape of Bougainville, Papua New Guinea deputy Prime Minister John Rosso officially inaugurated the Bougainville Mama
TISABANK launched, opens its doors today
The Papua New Guinea commercial banking industry will see its newest member open its doors in the country as
FSC reports positive financial performance despite industry challenges
The Fiji Sugar Corporation (FSC) reported improved financial results for the year ending May 31, 2024, with higher revenue and profitability despite
China Airlines to resume direct flights between Taipei and Guam
China Airlines, one of Taiwan's largest carriers, will resume its Taipei-Guam service from 27 November to 02 February 2025, with two weekly
Women Establish Businesses in their Communities
UN Women Supports 12 Sub-Grantees through the WRD Project femLINKpacific is proud to announce our 12 sub-grantees who are making a significant impact in their communities through the UN Women Women’s Resilience to
Casino to drive PNG’s next wave of development: Marape
Prime Minister James Marape shared his vision Friday on the nation’s future at the groundbreaking ceremony of the Paga Hill Special Economic Zone (SEZ) satellite
Banks and mobile wallet integration in Fiji ‘a game-changer’
People living and doing business in Fiji can now transfer funds between their mobile money wallets and bank accounts.
ADB approves financing of Air Niugini re-fleet
The Asian Development Bank (ADB) board has approved financing to support Air Niugini’s re-fleeting
Liquidator appointed to resolve Air Vanuatu’s financial woes
The liquidator appointed to resolve Air Vanuatu's financial woes says the airline is set to come out of
Tonga Supreme Court orders millions to be paid out in judgement over reports of banking dispute
The Tonga Supreme Court has ordered a multi-million pa’anga payout in a case involving the Tonga Development Bank and the Reserve
Solomon Islands demand action on shipping emissions
The Solomon Islands are ramping up their fight against climate change, demanding immediate global action on shipping
Living costs take centre stage in Palau debate
Palau’s Presidential hopefuls debated this month before a live and online audience in Koror in a much more Pacific
Kava: Protecting our lifeblood
Kava is of immense cultural significance to peoples across the region: yaqona in Fiji, malogu in Vanuatu, 'ava in Samoa, 'awa in Hawai’i and sakau in the Federated States of
Solomon Airlines celebrates first commercial flights from Honiara to Santo and Auckland to Santo via Port Vila
Solomon Airlines has successfully launched its first commercial flight from Honiara to Santo in Vanuatu on Monday 16 September 2024, marking a significant milestone in expanding its regional connectivity. The airline
Star Marianas seeks federal probe into Commonwealth Ports Authority’s ‘coercive’ rules and ‘arbitrary fees
Star Marianas Air on Monday said it would ask the Federal Aviation Authority to launch an investigation into the Commonwealth Ports Authority for allegedly imposing “coercive fee-setting practices” that circumvent
Gary Seddon confirmed as CEO of Air Niugini
Air Niugini has announced the appointment of Gary Seddon as Chief Executive Officer, effective immediately. Seddon has been serving in an acting capacity and has now been confirmed by the National Executive Council
World Bank approves $68 million cross-border bank lifeline for remote Pacific Islands
The World Bank’s board has approved a US$68 million programme to prevent Pacific Island nations from being cut off from the international financial system that underpins tourism, trade and aid flows, the
World Bank President pledges faster project approvals for Pacific
World Bank President Ajay Banga has vowed to accelerate the pace of project approvals, emphasising his commitment to speed and efficiency in addressing the needs of the Pacific region. Speaking to Pacific leaders in
World Bank President Ajay Banga calls for stronger partnership with Fiji and Pacific
World Bank President Ajay Banga, in a historic visit to Fiji emphasised the need for stronger partnerships with Pacific nations. Banga’s visit, the first by a World Bank President to the Pacific in nearly 50 years,
Griffith experts guide Marshall Islands towards a new Monetary Authority
The Republic of the Marshall Islands (RMI) is a step closer to establishing a new banking regulatory system with Griffith University academics playing a key part in the move towards a Monetary Authority for the North
BPNG to continue Kina intervention
The Bank of PNG says to ensure a gradual and stable adjustment of the nominal exchange rate over time, it will continue to intervene to support the crawl-rate and reduce outstanding orders in the foreign exchange