Palau Senate bill eyes changes in labour law
The Palau Senate is eyeing amendments in the existing labour law to allow for a more “progressive labor workforce.” Senate Bill No. 11-82, which was on first reading and referred to a Senate Committee for further
Vanuatu regulates cultivation of cannabis and hemp
The regulations for the importation, cultivation, processing and export of medical cannabis and industrial hemp in Vanuatu were officially signed Wednesday. A person or business wanting to legally cultivate cannabis and
Improve PNG trade standards: Minister Maru
More effort and focus need to be put into improving standards and requirements for PNG products to be sold on international markets, says International Trade and Investment Minister Richard Maru. Maru was comparing
PNG population outgrows job market: Barker
Papua New Guinea’s population has outgrown the number of jobs in the formal employment space, according to the country’s Institute of National Affairs (INA) executive director, Paul Barker. Barker said the
Pacific Islands Economic Outlook 2023
After two long years of COVID-19 and the tourniquet it applied to the lifeblood of Pacific economies— connectivity and tourism — what can our region expect in 2023? The United Nations predicts the global economy
Whipps responds to concerns over Chinese interests
Palau’s President Surangel Whipps Jr has responded to an investigative report that has revealed activity in Palau by “organised criminals with links to the Chinese Communist Party”, by stating that there is
Superfunds to host investment forum in PNG
Nasfund and Nambawan Super will be co-hosting the Pacific Island Investment Forum on behalf of the PNG Superannuation Industry in Port Moresby from 27-31 March, 2023. The Pacific Islands Investment Forum (PIIF) is an
Cook Islands tourists stranded as backlog of flights continues
A backlog of flights is likely to remain for at least another week in Rarotonga, as the Auckland floods disrupt travel plans for thousands of visitors, with some people having to rebook for the end of the week. Cook
Fiji’s economic growth steady
Fiji’s economic recovery continues despite projections from the International Monetary Fund that 2023 will be a tough year. Governor and Chairman of the Reserve Bank of Fiji Board, Ariff Ali, stated that the growth is
Genia is Bank of PNG’s new acting governor
The Government of PNG has appointed Elizabeth Genia as new acting Governor for the Bank of Papua New Guinea. Treasurer Ian Ling-Stuckey said Genia has nearly four decades of experience working in PNG’s Central Bank
Cabinet approves establishment of Samoa Export Authority
Samoa’s Cabinet has approved the establishment of the Samoa Export Authority (SEA). This was confirmed by the Deputy Prime Minister Tuala Tevaga Iosefo Ponifasio. He said export development was one of the