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 underscores the bank’s robust performance and strategic initiatives, symbolising a vital trust placed in FDB by ..read more

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 streamlines travel for Porter Airlines’ passengers seeking access to Fiji and other Pacific destinations served by Fiji Airways. The ..read more

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 Commissioner for Australia and New Zealand, highlighted Fiji’s participation in the event as a strategic move to ..read more

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, tourism, and the expansion of established ventures like Fiji Water as key areas witnessing heightened attention from investors. In a bid to ..read more

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 venture aims to bolster Fiji’s energy independence while reducing its trade deficit ..read more

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 in industry website Mining.com. This accord marks a pivotal moment for SLN, which has ..read more

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 Foreign Minister Justin Tkatchenko and Fiji’s Assistant Minister of Foreign Affairs, Lenora Qereqeretabua, underscored the burgeoning ..read more

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 reopening of borders, many businesses have experienced a robust recovery. Additionally, the country managed to avoid substantial debt accumulation during ..read more

The Samoan Cabinet has given the green light for Space X’s Starlink satellite services to operate within Samoa, albeit with restrictions specifically targeting educational and healthcare facilities. The official approval from the Cabinet, as clarified by the Regulator, Lematua Gisa Fuatai Purcell, is confined to projects within schools and health centres. This decision aligns with ..read more

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