Prioritise cyber risk management: ANZ
A cybersecurity expert with the ANZ bank says many organisations fail to keep their systems up to date, and as a result, they expose themselves and their customers to cyberattacks. Eli Hirschauge, ANZ’s Head of
Economy
PNG fuel supplier Puma granted relief from court order
Puma Energy would now be able to make its own decision on fuel supply to the national airliner, Air Niugini. This follows a National Court order by Justice John Carey at the Waigani National Court Tuesday which releases
Pacific Islands nations should consider debt-for-nature deals to lower borrowing costs, IMF says
Pacific Islands nations most at risk from rising seas should consider novel debt-for-nature deals as high debt levels across the region make traditional loans unsustainable, a senior International Monetary Fund official
Puma stops fuel supply in PNG, PM searches Australia for fuel
Puma stops fuel supply in PNG PNG’s fuel dilemma is far from over. Service stations are shutting down while Jet A1 that keeps planes flying might finish today, says the country’s major fuel supplier Puma Energy
FSM launches first Citizens Budget
A first-of-its-kind Citizens Budget has been launched in the Federated States of Micronesia (FSM). FSM’s Department of Finance and Administration (DOFA) in a statement today said the National Government Fiscal
Nauru Airlines upgrades its fleet
Nauru Airlines has upgraded its fleet with a new 189-seat passenger aircraft. The blessing of the aircraft took place last week at the airline’s hangar in Brisbane, conducted by Rev David Deluckner, who is also a
ANZ anticipates Fiji population growth as overseas migration slows
Fiji is poised to witness an increase in labour force expansion and economic activity, starting in 2025, due to changes in trends in international migration, says the ANZ Bank. A new report from ANZ Research projects a
Cook Islands Parliament makes changes to seabed mining law
The Cook Islands has made amendments to its Seabed Minerals Act this week, including replacing the term “mining” with “minerals harvesting … to reflect the actual activity that takes
Continue aviation fuel supply, PNG court tells fuel supplier Puma Energy
Papua New Guinea National Court has ordered Puma Energy to continue supplying aviation fuel to Air Niugini until 27 February as per their agreement, describing the fuel supply issue as of national importance. Judge
Solomon Islands caretaker PM Sogavare says government needs to secure more loans
Solomon Islands needs to secure more loans to fully deliver projects in the National Infrastructure Priority Pipeline 2023 (NIPP 2023), caretaker Prime Minister Manasseh Sogavare stated. In his keynote address at the
Fiji Business Briefs: Visa pilot, Rosie goes electric, more hotels, FHL results
Fiji to pilot outsourcing of some passport and visa services Fiji’s Cabinet has given green light for the piloting of outsourcing of some passport and visa services. The initiative will establish application centres
