PINA

The sale of Westpac’s Pacific Business in Papua New Guinea and Fiji has been terminated. Kina Bank, in a market announcement Wednesday, con-firmed that both Westpac and Kina have agreed that the acquisition of Westpac PNG and Westpac Fiji will not proceed. The mutual agreement between the two commercial banks in terminating this sale came at the back of Independent Consumer...

The Climate Change Bill has been passed by Fijian parliament Thursday, marking a historic milestone in Fiji’s global fight. It is a comprehensive piece of legislation setting Fiji’s long term framework for mitigating the effects of climate change. It also mandates all government ministries action plans and national policies to be mindful of climate change, sets up clean energy requirements and...

In his speech to the high-level debate at the UN General Assembly on Wednesday, UK Prime Minister Boris Johnson declared that it is time for mankind to grow up and take responsibility for the damage we are inflicting on the planet. The human species, said Johnson, is nearing the end of the adolescent phase of its evolutionary lifespan. He referred...

Fiji has reaffirmed its commitment towards the advancement of the United Nation’s mandate on the creation of societies based on fairness, equality, respect and solidarity. This was highlighted at the United Nations today on the occasion of the commemoration of the 20th Anniversary of the Durban Declaration and Programme of Action (DDPA), which is a comprehensive and visionary document that...

A new World Bank report on the challenges facing the Pacific region’s outer island communities identifies investment in people and livelihoods as a key for inclusive economic growth. Archipelagic Economies: Spatial Economic Development in the Pacific looks at the challenges Pacific governments must address to provide services and infrastructure to populations spread across hundreds of islands spanning the vast Pacific...

Gaining access to leadership positions can be challenging for women, but there are increasing opportunities for women to lead in business in the Pacific, according to a new report from the Pacific Private Sector Development Initiative(PSDI), a technical assistance programme undertaken in partnership with the Asian Development Bank and the governments of Australia and New Zealand. Leadership Matters: Benchmarking Women...

Pacific civil society warns that prospective deep sea miner, The Metals Company (TMC) may well go down the same path as the failed Nautilus Minerals. Formed by the merger of DeepGreen Metals and Sustainable Opportunities Acquisition Corp (SOAC), the company looks set for a bumpy ride. Over 90 percent of SOAC investors have already redeemed their shares rather than invest...

By Cliff White The state of labour conditions in the Fijian longliner fleet has come under closer scrutiny following the issuance of a withhold-release order by U.S Customs and Border Protection in August. The Hangton No. 112, owned and operated by Suva, Fiji-based Hangton Pacific Co., was hit with the order on 04 August, with the CBP citing the presence...

Building a strong Pacific islands negotiations block at the world's largest climate change conference is gaining momentum less than two months away from the Twenty-Sixth Conference of the Parties to the UN Framework Convention on Climate Change (COP26). Working with Pacific Island Parties, the Secretariat of the Pacific Regional Environment Programme (SPREP) in partnership with the IMPACT Project (Climate Analytics)...

Opinion editorial by ANZ Fiji Head of Retail, Renuka Kumar Over the past five months, many Fijians have been working from home to protect themselves during the COVID-19 outbreak, and to help stop the spread of the virus. During this time, it has been both a privilege and a challenge for ANZ’s branch staff who have been face-to-face with our...