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
Economy
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
Aviation a lifeline for the Pacific, says Forum SG Waqa
Forum Secretary General Baron Divavesi Waqa, Thursday emphasised the vital role aviation plays in the region’s future, calling it not just a mode of transport, but a lifeline for island economies. Speaking to
Fiji Business Briefs: Growth forecasts, appointments, FNPF policy changes
Fiji: Stronger growth to resume in 2017 The ANZ Bank says while Fiji faces no risk of recession, the rate of economic growth is expected to slow. In an Economic Outlook released this week, economists Kishti Sen and Tom
Australia commits $72 million in budget support for Fiji
The Australian Government has committed an additional FJ$72 million (AU$50 million) in budget support to Fiji for the 2024-2025 fiscal year. The agreement was signed by Deputy Prime Minister Biman Prasad and the
Fiji launches National E-Commerce Strategy 2025-2029: A step towards a digital future
The Fiji Government has officially launched the National E-Commerce Strategy 2025-2029, aimed at transforming Fiji’s economy by embracing digital trade. In his keynote address, Deputy Prime Minister and Minister
IMF says PNG recovery on track, reform discipline must continue
There are signs of positive recovery in the Papua New Guinea economy, but the government needs to maintain the reform momentum in order to see long-term benefits, the head of the International Monetary Fund (IMF) in the
Global economy ‘shaky’: Kina Bank managing director
The global economy continues to navigate uncertainties, with a second Trump presidential term, China’s slowing growth, and geopolitical hotspots potentially sparking commodity price volatility, says a Papua New Guinea
Rebuilding New Caledonia’s shattered economy
We’re sitting on mats in the garden around a public housing tower in Noumea, as a small group of women and elders listen to updates from independence activists about the ongoing crisis in New Caledonia. Local
Australia nears deal with ANZ to stop bank closures in the Pacific
Australia is in the final stages of talks with ANZ Group opens new tab over a deal to maintain the bank's branches across the Pacific, Treasurer Jim Chalmers said on
The businesses behind the glossy face of Fiji’s tourism industry
Businesses supporting Fiji’s tourism and hospitality businesses converged in Nadi last month for the Fiji Hotel and Tourism Association’s
Bringing quality playgrounds to Fiji Islands
GoPlay Crew is on a mission to deliver high-quality, safe, and sustainable playgrounds to commercial and recreational spaces across
“We’re a family that gives back”: How one Fiji business balances profit with purpose
DeckedOut Fiji has emerged as a significant player in the country's tourism sector by providing everything from cocktail ingredients to
‘US$1 in every $10 globally will be from tourism’ – Gavoka says at HOTEC 2024
Fiji's Deputy Prime Minister and Minister for Tourism and Civil Aviation, Honorable Viliame Gavoka told delegates at the recent HOTEC Tradeshow that Fiji could be inching close to one million visitors by year
CNMI Delegate-elect’s priority: Economy
“It’s the economy,” Kimberlyn King-Hinds said when asked what her top priority will be once she is sworn in as the CNMI’s new delegate to the U.S Congress in January
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
Commonwealth Investment Plan unveiled
Commonwealth leaders gathered for a side event in Apia, Samoa to unveil the Commonwealth Investment Action
PNG Petroleum Minister announces review of Oil and Gas Act
Papua New Guinea Petroleum Minister Jimmy Maladina, has announced a comprehensive review of the country’s ageing Oil and Gas