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Bid to boost Fiji’s investment potential with new ESG program
A collaborative effort between the International Finance Corporation (IFC) and South Pacific Stock Exchange Pte Limited (SPX) aims to elevate environmental, social, and governance (ESG) standards in Fiji’s capital market, sparking interest and investment...
Jeremiah Manele elected Solomon Islands Prime Minister
Jeremiah Manele has emerged as the freshly anointed Prime Minister of the Solomon Islands, succeeding the tenure of Manasseh Sogavare. Prior to this ascent, Manele had served as the Foreign Minister under Mr Sogavare’s administration, until the latter opted out of the...
Fiji Development Bank reports record growth in net profit
The Fiji Development Bank (FDB) has made headlines with its impressive growth in net profit, boasting a staggering year-on-year increase of over 112 percent as revealed in its recently published 2023 Annual Report. According to FDB, this remarkable achievement...
Fiji Airways broadens North American access with Porter Airlines
Fiji Airways has announced a strategic interline agreement with Toronto-based Porter Airlines, enhancing passenger connectivity between North America and the Pacific. This collaboration marks a significant expansion for Fiji Airways into the North American market and...
Fijian chillies to spice up Australian palates
Fresh chillies from Fiji have received the green light for export to Australia, marking a milestone achievement following months of negotiations between the Biosecurity Authority of Fiji (BAF) and Australia’s Department of Agriculture, Fisheries and Forestry (DAFF)....
Fiji’s Growing BPO sector attracts Australian industry
Fiji’s Business Process Outsourcing (BPO) sector is gaining traction among Australian companies seeking outsourcing solutions. Recently, Fiji made a significant impact at Contact Centre Week, a premier trade show in Australia and New Zealand. Daniel Stow, Fiji’s Trade...
Minister unveils Fiji’s $3b investment pipeline
Fiji’s Trade Minister, Manoa Kamikamica, has unveiled a robust investment pipeline valued at approximately three billion dollars, marking a significant surge in investor interest across various sectors. Kamikamica highlighted renewable energy, commercial agriculture,...
PTI Australia announces support to region’s first green hydrogen plant
In a step towards sustainable energy development in the Pacific, Pacific Trade Invest Australia has announced its support to Hydrogen Power Fiji, a subsidiary of HDF Energy, to support the development of the first green hydrogen power plant project in the region. The...
Eramet secures SLN operations with French govt agreement
French mining conglomerate Eramet has navigated a critical agreement with the French government to safeguard the operations of its subsidiary SLN (Societe le Nickel) in New Caledonia’s Northern Province, as outlined in a report by Gus Trompiz and Kanjyik Ghosh quoted...
Fiji, Papua New Guinea bolster economic ties
Fiji and Papua New Guinea convened a pivotal meeting during the 2024 Melanesian Spearhead Group (MSG) Budget Foreign Ministers Meeting in Port Vila, Vanuatu recently, in a move toward bolstering economic cooperation,. The meeting, attended by Papua New Guinea’s...
Tonga, Samoa struggle with hosting upcoming major events
As Tonga and Samoa gear up to host two major inter-governmental events this year, the Pacific Islands Forum in late August and the Commonwealth Heads of Government Meeting (CHOGM) in October, both countries are grappling with a shortage of accommodation for attending...
Tourism, Kava boom highlights of Vanuatu’s economic recovery
The Vanuatu Private Sector Economic update for 2023 highlights several positive trends in Vanuatu’s economy despite the challenges posed by the pandemic. Most businesses successfully weathered the crisis, limiting permanent closures and unemployment. Since the...
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