Australia and Fiji rewrite economic playbook
THE Australia-Fiji trade and investment relationship continues to strengthen with significant growth across multiple
Investment
Fiji bounces back from pandemic as economic powerhouse
FIJI’S economy soared past pre-pandemic levels in 2023, recording an impressive growth rate exceeding eight per cent, driven largely by a tourism revival that welcomed over one million international visitors last
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
€300 million to rewrite Pacific futures
A GAME-CHANGING commitment has been announced in the Pacific, as EU Commissioner Jozef Síkela declares a new era of
No waiting as Pacific leads
THE inaugural EU-Pacific Business Forum united leaders and partners to advance the Pacific’s economic
Telco leaders to consider digital sovereignty and investment gaps
When leaders from the region’s telecommunications sector meet in Honiara this month, they will be considering some of the biggest issues to face not only the Pacific region but economies and societies globally: data
Three alleged false identities, Honorary citizenship, and a Vanuatu diplomatic passport
Vanuatu Opposition Leader Ishmael Kalsakau plans to file a police complaint over the alleged improper issuance of a diplomatic passport to Special Envoy Han Hans YQ, appointed by a former Foreign Affairs Minister in
PNG superannuation funds attribute profits to offshore activity, BSP
Papua New Guinea’s largest superannuation funds – Nambawan Super Limited (NSL) and the National Superannuation Fund – have attributed profits to offshore investments and the Bank of South Pacific Financial
Nauru’s citizenship by investment scheme eyes AU$60 million in first year
The head of Nauru’s citizenship by investment scheme hopes the initiative will bring in tens of millions of dollars for the island this year. Nauru Economic and Climate Resilience Citizenship Programme chief
Authority inks MoU with Bougainville government on transfer of powers
The Papua New Guinea Investment Promotion Authority (IPA) and the Autonomous Bougainville Government (ABG) have signed a memorandum of understanding (MoU) to transfer the powers on investment promotion and business
From Promise to Progress: Shaping Stock Market Transformation in Fiji
Sheraj Obeyesekere, the recently appointed CEO of the South Pacific Stock Exchange (SPX), shares his insights on the Fijian stock market’s performance in 2024, the strides being made in market development, and the
Fiji-Canada Business Council to launch, strengthening economic ties
The newly-established Fiji-Canada Business Council hopes to tap into the opportunities presented by the 100,000 plus diaspora in Canada. “We are here to help Canadian businesses and investors navigate the
Luxury tourism operator Vanua Ranch aims for 2026 opening
Vanua Ranch has revealed plans to open Fiji’s first boutique villa resort, blending farm-based experiences with high-end luxury, by 2026. Located in Uciwai, Vanua Ranch will feature 17 exclusive boutique villas
Budget should target Fijian diaspora, says investment body CEO
As Fiji launches a strategic initiative this week designed to showcase its outsourcing sector to potential investors offshore, the head of Fiji’s investment agency has called for the Fijian government to focus on
PNG’s Kina Bank invests in Brisbane’s sustainable fintech future
Rapidly growing Queensland fintech and neobank startup WLTH has secured a $7 million (US$4.62 million) investment from Papua New Guinea’s Kina Bank. Trade and Investment Queensland has been seeking trade and
Fiji and Australian Business Councils to address post COVID recovery
Government and business professionals from Fiji and Australia will convene at the 27th Australia-Fiji Business Forum in Sydney next week. After a two-year hiatus, the Australia-Fiji Business Forum will be held for the
PNG’s Investment Promotion Authority to deregister firms
Papua New Guinea Investment Promotion Authority (IPA) expects the number of companies listed in its system to drop, due to its cleansing exercise, an official says. Managing director Clarence Hoot said those companies
U.S. considers Solomon Islands tuna plant investment
The United States is considering investing in a tuna-canning facility under construction in the Solomon Islands. The United States, Australia, and New Zealand have been competing with China for influence in the Pacific.
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
Fiji marks first Corporate Bond Offer under new regulations
Fijian Holdings Limited (FHL) last week opened a Wholesale Corporate Bond offer of F$30 million, stating it marks a major step forward in efforts to diversify the nation’s financial market. It is the first bond offer
More green energy in PNG : Marape
Days after his election as Papua New Guinea Prime Minister, James Marape took his first official overseas trip to discuss green energy projects with leaders of Fortescue Future Industries (FFI) in Singapore. He said
PNG Government approves new bank
The PNG Government has approved the Peoples Micro Bank Limited to be a full-fledged commercial bank, Papua New Guinea State Enterprises Minister William Duma says. “This means the bank and Kumul Consolidated Holdings
PTI Australia delivers record Pacific investment deals
Pacific Trade Invest (PTI) Australia has recorded more than AUD$27 million (US$12 million) in export deals and a 17 investment deals facilitated in the region, despite the challenging pandemic environment. The Pacific
