Palau Development Bank pushes for deposit-taking license to fill funding gap

The National Development Bank of Palau (NDBP) is seeking to expand its role in the island nation’s financial system by offering deposit services and potentially issuing savings bonds.  This move aims to address a

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“Palauans First” Campaign reboots: President Whipps seeks second term

In a rally echoing his “Palauans First” campaign slogan, President Surangel Whipps Jr officially launched his re-election bid on 11 February, becoming the first candidate to declare for the November 2024 general

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China lures Palau with economic incentives to break ties with Taiwan

China has promised Palau economic benefits in exchange for the latter severing diplomatic ties with Taiwan, a letter the Palauan president wrote to an unnamed United States senator revealed.  President Surangel Whipps

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U.S. Senate fails to add Compact Funds to aid package

A last-minute bipartisan effort to add key funding aimed at countering China in the Pacific has failed in the U.S. Senate even as a US$95 billion aid package for Ukraine, Israel and Taiwan moved forward. A renewal of

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Micronesian leaders warn ‘competitive political actors’ exploiting delays in U.S. funding

Palau, Micronesia and the Marshall Islands, which occupy a militarily strategic expanse of the western Pacific, have warned that delays to U.S. financial assistance have created opportunities for “competitive

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U.S. will resume Peace Corps programme in Palau

The United States will resume a long-suspended Peace Corps programme in the North Pacific island of Palau as the Biden administration continues moves to counter growing Chinese influence in the region. The Peace Corps

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Palau ratifies UN Ocean Treaty

Palau on Monday became the first nation to officially ratify the UN Ocean Treaty. “As the first country to officially ratify the UN Ocean Treaty, Palau has jumped into the lead in the race to ratification,” said

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Deportation of Palauans from the U.S. hits record high in 2023

Nine Palauan citizens were deported from the United States in 2023, marking the highest number of deportees Palau has received in a single year. This significant increase, compared to the usual two or less deportees per

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AOSIS Ministers express serious concerns over COP28 Global Stocktake draft text

The Alliance of Small Island States (AOSIS) Chairs Minister, Cedric Schuster of Samoa, Monday voiced deep worries regarding the process and content of the document in reaction to the COP28 Presidency’s draft text on

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Palau, Tonga, Fiji call for concrete actions at COP28 to combat climate crisis

Palau’s President Surangel Whipps Jr. Friday delivered a powerful message emphasising the urgent need for global unity and concrete actions to combat the climate crisis. Addressing the distinguished audience,

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Palau’s Climate Change negotiator Matsutaro emphasise ambition and urgency at COP28

Palau’s climate change negotiator and Chair of Pacific Small Island Developing States(PSIDS), Xavier Matsutaro has emphasised the critical need for ambition and urgency at COP28, underscoring the pivotal role of

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Nauru Airlines new Island Hopper service connecting Palau to Australia

Nauru Airlines, the national airline of Nauru, announced the launch of its new Island Hopper Service connecting Palau to Brisbane, Australia. The inaugural flight will depart Brisbane on Thursday, 30 November 2023, and

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