Australia Papua New Guinea Business Council
Australia Pacific Islands Business Council
Australia Pacific Islands Business Council
Financial indicators signal positive trajectory

Financial indicators signal positive trajectory

Fiji’s economy exhibited favourable growth in 2024, underpinned by robust financial indicators and sectoral performances. The Reserve Bank of Fiji (RBF) reported an 8.4 per cent expansion in broad money, reflecting increased liquidity and financial activity within the...
Investment lending sees gradual growth

Investment lending sees gradual growth

Fiji’s investment activity is showing signs of improvement, with a 25.9 increase in new investment lending in 2024, according to recent data from the Reserve Bank of Fiji (RBF). This growth signals cautious optimism among businesses and investors, reflecting increased...
Low-cost air travel offers hope for Vanuatu’s recovery

Low-cost air travel offers hope for Vanuatu’s recovery

Qantas subsidiary Jetstar has officially launched its new direct flight service from Sydney to Port Vila, Vanuatu, offering travellers a convenient and affordable connection to this picturesque Pacific Island nation. The service, which commenced operations in December...
Cook Is embarks on major construction projects

Cook Is embarks on major construction projects

The Cook Islands has embarked on an ambitious series of construction projects aimed at modernising infrastructure and driving economic growth. These initiatives, announced in December 2024, focus on enhancing public services, supporting tourism, and improving...
New renewable energy deals for Solomon Is; Tonga

New renewable energy deals for Solomon Is; Tonga

The Asian Development Bank (ADB) has entered into landmark agreements with the governments of Solomon Islands and Tonga to advance renewable energy projects in both nations. Announced in December 2024, these partnerships aim to promote sustainable energy solutions and...
Starlink approved to enhance Tonga’s internet access

Starlink approved to enhance Tonga’s internet access

Tonga has taken a major step toward bridging the digital divide with the approval of Starlink’s high-speed internet services. The Ministry of Meteorology, Energy, Information, Disaster Management, Environment, Climate Change, and Communications (MEIDECC) granted...