$6m support from NZ to HCC

A deal was signed last week to extend New Zealand’s funding support to the Honiara City Council through the Honiara Economic Development Support Programme (HEDSUP) for this year. Honiara City Mayor Andrew Mua and Acting New Zealand High Commissioner Sarah Wong signed the agreement last Friday 28th February. A total amount of SDB $6.8 Million…

SPC headquarters celebrates 65 years in Noumea

Yesterday SPC marks the 65th anniversary of the establishment of its Headquarters in New Caledonia. Founded in 1947 under the Canberra Agreement, SPC first had its temporary headquarters in Mosman, Sydney in Australia before moving to Noumea to the former “US Headquarters – South Pacific Base Command” used by the American military forces during the…

Why I was sacked: Pokajam

Letter from Suva, by Islands Business Managing Editor, Laisa Taga. Members of the PNA (Parties to the Nauru Agreement) meet in Honiara on March 5-14 to discuss a number of important issues pertaining to their success. For instance what to do with the US$93 million—and that is how to distribute this pot of money resulting…

Vanuatu tap into Chinese tourism market

Vanuatu is likely to break into the Chinese tourist market in a few years from now and the Vanuatu Tourism Office (VTO) is confident that the number of Chinese tourists visiting Vanuatu will increase. The biggest number of 20 Chinese approved travel agents from Beijing, Shanghai and Guangzhou are currently in the country checking out…

Positive outlook for Fiji Economy

The positive outlook of the economy, which is supported by the latest Reserve Bank of Fiji (RBF) retail sales and business expectation survey, is pointing towards improved prospects for consumption and investment in the coming months. This, according to the Reserve Bank of Fiji acting board chairman Robin Yarrow, meant the Fiji economy was likely…