The Asian Development Bank (ADB) and the Papua New Guinea Government have signed two loans to fund improvements to the Highlands region road network and air services in Papua New Guinea (PNG). The Minister for Treasury, Don Polye, and Marcelo Minc, Country Director of ADB’s PNG Resident Mission, participated in the loan signing ceremony. …
BANK South Pacific (BSP) Visa cardholders have been assured of a stronger level of security whenever they use the card here and overseas, thanks to the introduction of a new alert service. The bank said it has a new service known as “BSP visa alert” that would see BSP visa cardholders receive alerts via SMS,…
Fiji absorbed about 40 per cent of the 1.5 million inbound tourists in the Pacific in the recent years, a report has revealed. ANZ’s Pacific Quarterly report released Monday highlighted this. It noted that whilst majority of arrivals were still from Australia, Chinese tourists are now the quickest growing source of visitor arrivals. “Fiji is…
Tourism in Pacific Island countries is expected to receive a boost with the completion and soon to be launched regional tourism strategy. The South Pacific Tourism Organisation (SPTO) is into the final lap of country consultations through workshops and stakeholder discussions at a regional level to seek valuable feedback on the first draft of a…
Despite improvements in the business environment over the last decade, law and order and corruption remain the most severe constraints to doing business in Papua New Guinea (PNG), new analysis from the Asian Development Bank (ADB) reveals. Drawn from responses from 130 firms surveyed by the PNG Institute of National Affairs (INA), the findings confirm …
Four (4) Micronesian islands of Palau, Federated States of Micronesia, Marshall Islands and Christmas Island will benefit from a series of Pacific Port preparedness workshops over the next two weeks. This will be conducted by the South Pacific Tourism Organisation (SPTO) under the European Union funded Pacific Regional Tourism Capacity Building Programme (PRTCBP). SPTO CEO…
A new lecturer is expected to start next Tuesday as the University of the South Pacific’s journalism programme coordinator following the sudden resignation of Dr Ian Weber. The dean of the Faculty of Arts, Law and Education, Dr Akanisi Kedrayate, held a meeting with journalism students yesterday. A former coordinator of the journalism programme, Patrick…
VODAFONE Fiji will embark on a $24million investment program around the country soon. This was revealed by Agriculture Minister Lieutenant Colonel Inia Seruiratu during a recent tour of the North. Lt-Col Seruiratu said the investment would include the setting up of transmitting stations nationwide with 18 stations in the North. “The results of the plan…
THE Fiji National University has stepped up a notch to offer a unique deal to the public. With the opening of the Chula Training Restaurant and Bar at the FNU Nadi Campus, students will be able to train and upskill themselves as well as offer something different to the public. College of Business Hospitality and…
Papua New Guinea Minister for Finance and Treasury Don Polye maintains that the country’s inflation stands at 3.5 percent as of the end of last year. Polye said that as of the fourth quarter of last year, the country’s inflation was at 3.5 percent, adding the 4.7 percent announced is still an unofficial figure. …