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

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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

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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

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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,

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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

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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

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Fiji Airways signs lease agreement for three ATR 72-600s

Nordic Aviation Capital (NAC) has announced the successful execution of a lease agreement for three ATR 72-600 aircraft with Fiji Airways. The aircraft are from NAC’s orderbook with ATR. Fiji Airways, the national

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Fiji Cabinet removes duties on EU goods under iEPA

Fiji’s cabinet has approved the implementation of the Interim Economic Partnership Agreement (iEPA) with the European Union (EU) and decided to remove duties on certain goods from EU countries. This move is part of

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More gold to be mined, says PM Marape

Papua New Guinea has an estimated 100 million ounces of gold that is yet to be mined, says Prime Minister James Marape. Marape said this when closing the three-day Geoscience, Exploration and Extraction Conference 2024

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Mercury spill on Air Niugini aircraft investigated

The PNG Accident Investigation Commission (AIC) is probing a mercury spill from a package aboard an Air Niugini aircraft at the Jackson International Airport in Port Moresby last month. AIC Chief Commissioner Maryanne

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Pacific resilience fund needs US$380m in two years’ to reach half-billion goal

Tonga has the backing of Pacific economic ministers to host the regional community resilience financing facility.  The Pacific Resilience Facility (PRF) was endorsed by the Pacific Islands Forum (PIF) leaders to

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Fiji Airways launches new flights to Dallas

Fiji Airways is spreading its wings to Texas with the launch of flights to Dallas Fort Worth from December 2024. Dallas Fort Worth (also known as DFW) is the headquarters and mega-hub of American Airlines, whose

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Women flourish when they have networks of support: US Ambassador to Fiji

Women flourish when they have networks of support, says Marie C. Damour, the United States Ambassador to Fiji, Kiribati, Nauru, Tonga, and Tuvalu. The U.S Embassy, along with its implementing partners, the Women

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BSP: Businesses affected by Black Wednesday

The Black Wednesday Riots in Port Moresby earlier this year have significantly affected business and investor confidence.  This is according to the BSP’s Pacific Quarterly Economic & Market Pulse for the June

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Air Niugini’s Boeing 737 resume flights to Melanesian countries

Air Niugini’s Boeing 737 aircraft will resume flights to Port Vila in Vanuatu from 03 August. Air Niugini’s Acting Chief Executive Officer, Gary Seddon said that this would provide an opportunity to reconnect

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Chatham Airlines begins flying in Tonga amid Lulutai’s ongoing flight disruptions

Chatham Airlines begins servicing Tonga’s domestic flight services this week. The announcement comes a month after Kaniva News reported that Lulutai contacted the New Zealand airlines to assist with its

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Indonesia starts exporting electricity to Papua New Guinea

Indonesian President Joko Widodo and Papua New Guinea Prime Minister James Marape met at the Bogor Palace on Monday to discuss cooperation in various fields, including electricity exports to the border region.

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Fiji positioned for growth in Asia Pacific real estate market

Fiji is on the brink of significant growth in the Asia Pacific real estate market, according to Nick Thompson, Hotels and Hospitality Director at JLL New Zealand. Speaking at a recent tourism investment conference,

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Air Vanuatu liquidation nears final stages with August deadline

Air Vanuatu (Operations) Limited (Ltd) entered liquidation on 9 May 2024 and Ernst and Young (EY) were appointed as Liquidators. 09 June marked one month since the liquidation, and Tuesday, 9 July, marked two months.

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Budget should target Fijian diaspora, says investment body CEO

As Fiji launches a strategic initiative this week designed to showcase its outsourcing sector to potential investors offshore, the head of Fiji’s investment agency has called for the Fijian government to focus on

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Fiji Airways interested in reviving Port Vila, Tanna and Santo flights

Vanuatu deputy Prime Minister and Minister of Foreign Affairs, Matai Seremaiah, has announced that Fiji Airways is interested in connecting Port Vila to Tanna and Port Vila to Santo flights via an ATR, ensuring

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Air Vanuatu to lose 170 staff as liquidators try to save embattled airline

Nearly 200 people have lost their jobs as liquidators restructure Air Vanuatu to reduce the embattled airline’s operating costs.  Approximately 170 staff members have been made redundant as liquidators try to

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In the shadow of global challenges

Cybersecurity threats and governing generative AI are amongst the most pressing challenges facing telecommunications companies globally. While the rapid development of Artificial Intelligence (AI) characterises the

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Tourism Fiji calls for increase in government budget allocation

Tourism Fiji Chief Executive Officer has called for an increase in government spending towards the tourism sector as it aims to “keep its momentum going”. With the Fiji government’s budget announcement a month

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