What to expect from the 52nd Pacific Islands Leaders’ Meeting
This week, the Cook Islands becomes the centre stage for an event that holds a pivotal place on the regional calendar. The Pacific Islands Forum, commonly known as PIF, serves as the primary political decision-making body for the Pacific region. The agenda for this...
PNG’s forex inflows drop by 16 per cent in Q3
Foreign exchange (FX) market inflows in the third quarter of 2023 have witnessed a 16 per cent decline, amounting to K6 billion, in comparison to the second quarter. This development represents almost 18 per cent of FX inflows, with a significant portion of these...
Bougainville opens doors to foreign investment
The Autonomous Bougainville Government (ABG) is inviting foreign direct investment from developed nations, which include Australia, New Zealand, Japan, China, the United States, and European countries. This announcement was made by President Ishmael Toroama on the 31...
Inflation surge prompts savings reduction, debt repayment warnings
In light of the anticipated rise in inflation to approximately 6 per cent by the end of this year, up from the previously expected 2.8 per cent before the 2022-2023 National Budget announcement, the Reserve Bank of Fiji (RBF) has issued a cautionary note, forewarning...
Australia’s bid to host climate talks is welcome but its words must be matched with action
By Ralph Regenvanu The Pacific Islands Forum this week will bring together nations who share what we call the Blue Pacific Continent, stretching from the hundreds of islands and atolls of Micronesia in the North all the way down to the Alpine like conditions of New...
What to expect from the 52nd Pacific Islands Leaders’ Meeting
This week, the Cook Islands becomes the centre stage for an event that holds a pivotal place on the regional calendar. The Pacific Islands Forum, commonly known as PIF, serves as the primary political decision-making body for the Pacific region. The agenda for this...
Cook Islands PM sees opportunity in deep sea mining
Cook Island’s Prime Minister Mark Brown has expressed his plans to safeguard the country against climate change through seabed mining. In an interview with Radio New Zealand Pacific in Rarotonga ahead of the Pacific Islands Annual Forum meeting of leaders, Brown...
Campaign seen as ‘significant milestone’ for Solomons tourism
In a strategic move aimed at capitalising on the international TV coverage of the 2023 Pacific Games held in the Solomon Islands this month, Tourism Solomons and Solomon Airlines have joined forces to launch their most extensive international TV and digital campaign...
Michael Yee-Joy retires after 43 years of stellar service at KPMG
In a heartfelt announcement, KPMG has bid farewell to one of its stalwarts, Michael, as he embarks on a well-earned retirement after a remarkable career spanning over four decades. The firm expressed its deep appreciation for Michael’s unwavering dedication and...
Qantas announces new flights to PNG, NZ, US
Qantas has unveiled an update to its international network including two new return services per week from Sydney to Port Moresby using a Boeing 737 aircraft beginning March 2024. These will complement the existing daily service from Brisbane to Port Moresby. Flights...
PNG’s aviation sector soars with new Airbus A220 aircraft
Papua New Guinea’s aviation sector has embarked on a transformative journey by acquiring six new Airbus A220 aircraft as part of Air Niugini’s fleet replacement program. This purchase, amounting to a total of K1.11 billion (about A$430 million), represents a...
Samoa, Fiji Airways explore codeshare arrangements
Negotiations have commenced between the Samoan government-owned airline, Samoa Airways, and Fiji Airways on the possibility of establishing a codeshare agreement. The Minister of Public Enterprises and Samoa Airways, Leatinu’u Wayne So’oialo, revealed this development...