Friday, March 24, 2023
Home Blog Page 440

PNG Prime Minister plans to visit Micronesia

Papua New Guinea Prime Minister James Marape is planning to visit Palau, Federated States of Micronesia (FSM), Republic of Marshall Islands(RMI), Kiribati and Nauru. A spokesperson from FSM President David Panuelo confirmed discussion amongst PM Marape and the Micronesian leaders regarding visits to the five nations. “I am not able to confirm or deny that the PM of PNG will be...

Pacific islands Wallis and Futuna branded Covid-free

The Pacific archipelago of Wallis and Futuna has declared itself Covid-free, with no cases among the French remote island's 11,500 inhabitants since 01 April, authorities said. Many remote Pacific island nations have remained free of the virus after shutting the borders soon after the pandemic began but the risk of an outbreak remains high. The French overseas collectivity's administrator superior said...

Vanuatu PM appeal court denies govt appeal

Vanuatu's prime minister Bob Loughman and 18 other government MPs have lost an important appeal case moving them a step closer to possibly losing their parliamentary seats. In early June the speaker of parliament at that time, Gracia Shadrack, declared that 19 seats held by Loughman and other government MPs, were vacant, because the MPs had been absent from parliament...

World leaders dial in as New Zealand hosts special APEC meeting on pandemic

U.S. President Joe Biden, Russia's Vladimir Putin, China's Xi Jinping and other world leaders meet virtually on Friday for the Asia-Pacific trade group APEC, seeking collective actions to navigate the COVID-19 pandemic and its economic impacts. New Zealand, the revolving Asia-Pacific Economic Cooperation host, said this week it will chair the extraordinary meeting ahead of a formal gathering in November,...

Fiji, the World Bank and debt

By Samantha Magick When Fiji’s Minister for Economy delivers his budget address this evening many eyes will be on figures around the country’s debt-to GDP ratios. This week, Pacific Islands Forum Economic Ministers were preoccupied with the challenge of managing debt taken on as a result of COVID-19’s economic damage. They directed the Forum Secretariat to explore options such as...

Tough task preventing ‘dirty cash: PNG Economist

It is difficult to prevent and control money laundering activities in the country as a range of techniques up to sophisticated ones are used, Papua New Guinea economist Paul Barker says. He said there were extensive international and domestic rules and oversight mechanisms to help prevent money laundering, but the task of prevention and control was very challenging. Money laundering involves...

Citizenship for sale: fugitives, politicians and disgraced businesspeople buying Vanuatu passports

By Euan Ward A controversial “golden passports” scheme run by the Pacific nation of Vanuatu saw more than 2,000 people, including a slew of disgraced businesspeople and individuals sought by police in countries all over the world, purchase citizenship in 2020 – and with it visa-free access to the EU and UK, the Guardian can reveal. Among those granted citizenship...

Flying Fijians second test against All Blacks: A standpoint from Coach Cotter

Flying Fijians head coach Vern Cotter is impressed with the work rate the team displayed last Saturday, plans are being mapped out strategy wise, raising the bar to another level as coach Cotter sets focus on a more competitive matchup tomorrow night. The Flying Fijians exceeded expectation when they took to the ground last weekend, considering a disjointed preparation heading...

UBS made $81m in ‘excessive’ profits from PNG loan

UBS made $81 million (US$60 million) in excessive profits from an overly complex loan to Papua New Guinea, while the investment bank failed to disclose it had structured an option agreement weighted heavily in its favour, a royal commission was told on Thursday. The commission into the so-called UBS loan affair heard evidence from Dr George Oldfield, a derivatives expert...

Hospitalisation and deaths, more concerning than daily spikes: Fiji Health Ministry

As Fijians reel from news of 1,120 new infections, Fijian Prime Minister Voreqe Bainimarama maintains that adherence to the Health Ministry’s advice is the only way out. Bainimarama was asked by FBC News whether he is concerned with the increasing infections, even before the daily COVID-19 update was released. He said Fijians are still not taking personal responsibility. “The increase in numbers...

Stay connected

- Advertisement -

Latest article

Fiji Media organisations call on the government to repeal the Media Industry Development Act

The Fijian media industry has strongly called on the coalition government to repeal the Media Industry Development Act (MIDA)which first came as a decree...

Pacific nation’s concern over Australia’s coal plans

Samoan Prime Minister Fiamē Naomi Mata’afa has expressed her concern over Australia’s potential to launch new gas and coal projects ahead of the country’s...

Samoan PM raises concerns over China security precedent

Samoa’s prime minister has raised concerns about China muscling its way into the Pacific but stressed relations with Beijing need to be seen in...