Bank of South Pacific will launch its Swipe on BSP EFTPoS and Win promotion today in an effort to amplify a smarter way to pay for goods and services. BSP retail banking general manager Ravindra Singh said the promotion, which would run until October 4, encouraged the use of their electronic funds transfer at point…
The value for each LNG shipment from the country’s PNG LNG Project costs US$50 million (K119.1 million) to US$60 (K143.9 million), National Petroleum Company PNG managing director Wapu Sonk said. So far, ExxonMobil PNG Ltd had shipped 12 LNG cargoes to sell on the spot market to customers in Asia. Sonk said “the shipments of…
New Zealand needs to listen to Pacific Island leaders when it comes to climate change action, said the Green Party. Discontent with New Zealand and Australia is rife at the 2014 Pacific Islands Forum leaders’ summit which commenced today in Palau. The Finance Minister of the Cook Islands stated that climate change and frustration at…
New Zealand’s Foreign Affairs Minister says this year’s Pacific leaders’ summit is of particular significance as it will include high-level discussions over the future of the Pacific Plan. Murray McCully is in Palau for the 45th Pacific Islands Forum, which officially opens today in the capital Koror. McCully says the Pacific Plan has a lot…
“We are making good progress in the negotiations. Thus far, we have concluded negotiations on sanitary and phytosanitary measures, technical barriers to trade and customs procedures. We have also made good progress in the negotiations on trade in services and investment,” said Dr Kessie. “We are currently exploring possible landing zones on labour mobility and…
The Tuvalu government has reaffirmed its call for the United Nations and multilateral agencies to review the classification of Least Developed Countries (LDCs), to reflect the reality facing small island nations. Attending the Pacific Islands Forum in Palau this week, Tuvalu Prime Minister Enele Sopoaga said: “If we were to graduate from LDC status without…
Four years ago they tasked the Forum Fisheries Agency with enhancing cooperation in fisheries surveillance and law enforcement against Illegal, Unreported and Unregulated (IUU) fishing. Today, Pacific Forum leaders celebrated the entry into force of a one-stop multilateral text aimed at achieving that–the Niue Treaty Subsidiary Agreement, or NTSA. Forum leaders witnessed the handover today…
Pacific leaders gathered in Palau for the Pacific Islands Forum will be presented with a new report that assesses one of the region’s key initiatives – the Regional Assistance Mission to Solomon Islands (RAMSI). Solomon Islands Prime Minister Darcy Gordon Lilo will present the report to Forum leaders at Thursday’s retreat on Peleliu Island. While…
Acting Prime Minister Manasseh Maelanga has encouraged the people of Rennell and Bellona province (Renbel) to rise up to challenges that hindered development ambitions on the two beautiful islands. He made the call on Tuesday during the celebrations marking the province’s 21st anniversary celebrations on Bellona Island. Renbel Province attained its provincial status in 1993…
The submarine volcano known as Kavachi, located near Vangunu in the World Heritage listed Marovo lagoon, Western province has reportedly caused fear to people in the Marovo Lagoon. Gregan Siliva from Telina village in Central Marovo told Solomon Star yesterday said, people in Marovo are living in fear as debris t of the submarine volcanoe…