Tourism remains central to Fiji’s economy – Gavoka
TOURISM remains the engine of Fiji’s economy, with the sector recording a milestone 986,367 visitor arrivals in
Economy
Third Fiji Tourism Convention kicks off
TOURISM remains at the heart of Fiji’s economy and will continue to drive national progress, declared Deputy Prime Minister and Minister for Tourism and Civil Aviation, Viliame
Labour remittances hit all-time high in Solomons
SOLOMON Islanders working abroad sent home a record $USD61 million between July 2024 and June
PNG’s IMF-led reform era draws to a close
THE International Monetary Fund (IMF) loan program with Papua New Guinea will end in 2026. PNG had turned to the IMF for financial support four times prior—all during the 1990s and early 2000s—for under two years at
Bougainville’s Toroama urges economic sustainability
BOUGAINVILLE has been urged to become economically independent as its leaders seek full independence from Papua New Guinea by
Fiji’s sports economy to contribute $FJD250 million per year
FIJI'S economy relies heavily on tourism, the largest foreign-exchange earner, which boosts the country's Gross Domestic Product
Fiji launches Green Finance Taxonomy for sustainability
FIJI has officially launched its first Green Finance Taxonomy, establishing a pioneering framework to drive investment in climate and development priorities as part of a vital shift toward a low-carbon
Fast payments seen as a key to Pacific growth
“FAST payments are not just a trend but a fundamental evolution in the way money moves,” Reserve Bank of Fiji Governor Ariff Ali told regional finance leaders as the Pacific Fast Payments Systems Workshop concluded
Fiji pushes for economic excellence
FIJI has shifted its investment policy to a facilitative approach, aiming to boost the impact of investment on the economy and
ENBi marks a turning point for Pacific tuna development
The Pacific Ocean is home to the largest tuna stock in the world, yet the issue of monitoring, sustainability and financial benefits have always been illusive and
“Vuvale” relationship soars with new flight
A NEW direct flight and a massive economic injection from a sporting partnership are underscoring the Vuvale (family) relationship between Australia and Fiji, signalling a strong outlook for shared
Fiji: The next frontier for bold business investment
FIJI is becoming a key destination for business investment, attracting the interest of leaders and prominent business entrepreneurs seeking to build partnerships that support local communities and boost economic
Australia-Fiji business forum to spotlight revitalised Fiji economy
FIJI'S economic transformation and future trade opportunities will take centre stage at this year’s 29th Australia-Fiji Business Forum, says Council President Zane
PNG at 50 – what next?
PAPUA New guinea this week marked the 50th anniversary of regaining its independence from
Movers and Shakers
DR Malouamaua Tu’ualofaifo has been appointed Acting CEO of the American Samoa Medical Center (LBJ Tropical Medical Center) through a recess appointment by Governor Lemanu P. S.
Fiji Budget 25/26: Government delivers deficit budget
The Fiji Government has delivered a FJ$886 million deficit budget in parliament this morning. Deputy Prime Minister and Minister for Economy Biman Prasad says the budget is a “practical and a deeply measured
Tinian positions itself at the forefront of America’s digital financial future
Tinian has officially issued and minted the first fully reserved, fiat-backed stable token issued by a public entity in the United
Niue government prioritises investments in social and economic infrastructure
Niue Minister for Finance, Crossley Tatui highlights investment and Infrastructure Management, revealing a total replacement value of Niue’s assets as approximately $200 million NZD (US$118.56
ONA Coffee taps Fiji’s forests to brew economic growth
ONA Coffee has partnered with 31 farmers in the Ra Province, who have naturally growing wild coffee on their land
IMF warns Pacific Economies face slower growth, Rising risks amid global trade turbulence
In an interview with PACNEWS Senior Journalist Pita Ligaiula, Nada Choueiri, Deputy Director of the IMF’s Asia & Pacific Department based in Washington DC, offered a detailed assessment of the economic landscape
IMF flags debt, remittances and trade shocks as key risks for Pacific economies
Pacific Island countries face mounting economic pressure from global trade disruptions, debt risks, and shrinking remittances, the International Monetary Fund (IMF)has
Fiji exported goods worth K43.9million to PNG in 2023
Fiji’s exports to Papua New Guinea reached more than FJD$25.3 million (about K43.9 million/US$10.93 million) in 2023, with items such as electric conductors, sweet biscuits and garments, according to Fiji’s Deputy
2025 Australian aid update
Australia’s foreign aid (Official Development Assistance or ODA) for 2025-26 is budgeted at $5.097 billion as announced in Tuesday evening’s Federal Budget, a 2.7% increase over the 2024-25 aid budget of $4.961