Lifting the anchor

Can more risk make state-owned banks more relevant? A new Asian Development Bank report says Pacific state-owned banks need to change their attitude to risk if they are to fulfil their

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$50 million in expenses for Fiji’s pension fund in 2018

The Fiji National Provident Fund (FNPF), Fiji’s sole national pension fund may have been churning out multi-million-dollar profits over the years but running its nation-wide operation has also been a costly

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Next generation skills

Will workers of the future be ready? Space tourism guide, criminal redirection officer, commercial drone pilot, 3-D printing technician, augmented reality developer and personal privacy advisor; these are just some of

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Lessons from indigenous businesses

The Rotuman expression, “the land has eyes and teeth” is the starting point for a project looking at how communities across the Pacific have established models of economic engagement that challenge negative

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New fund to be launched for Marshallese digital currency

The Republic of Marshall Islands (RMI) will set up a fund to help develop its pioneering sovereign digital currency. Work on RMI’s government-backed digital coin or SOV, which will use blockchain technology, is now

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Relentlessly curious

The secret to Singh’s success “I’m going to share a lie, a secret and a wish with you.” That was the opening gambit of Priya Singh, who at 29 is the youngest General Manager (Data, Process &

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ADB funds flood management project

YEARS of scoping work on how to manage flooding in floodprone Nadi town may finally translate into physical work as construction work on a Nadi River flood management project is expected to begin as early

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EU says tax blacklisting should be no surprise

FIJI, the Marshall Islands and Vanuatu have been added to a European Union blacklist of tax havens. And despite concerns about process raised by all three countries, the EU has told Islands Business that

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Shipping nickel to China

At a time Western security analysts are fretting over Chinese strategic influence in the Pacific, some local businesses are looking at opportunities for trade and investment with China. In the French

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PNG breaks away from Pacifical

ONE of the pioneers behind the establishment of a commercial partnership between the Parties to the Nauru Agreement (PNA) and the Dutch tuna marketing company Pacifical is suggesting that PNA

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NCD impacts insurance payout

BSP Life has stamped its mark as one of the Pacific’s leading life insurance supplier with a record payout of F$58.6 million (USD28.1 million) in insurance through various benefits to its customers last year. It was

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Tour operator goes hybrid

Green fleet WITH the growing number of tour operators and tourism logistics companies, every passenger moved makes a difference. And sometimes the business edge comes not only in volume of traffic but by the ability to

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