by DevNadkarni | Apr 14, 2024 | Blog, News, Pacific, Vanuatu
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...
by DevNadkarni | Apr 14, 2024 | Blog, News, Pacific, Samoa
A recent report from the Samoa Observer, as cited by Islands Business Online, sheds light on the Samoa Office of the Telecommunication Regulator’s (OOTR) decision to temporarily halt the importation of Space X’s Starlink kits. Regulator Lematua Gisa Fuatai Purcell...
by DevNadkarni | Apr 12, 2024 | Blog, News, Pacific
Tranquil Palau faced an unprecedented challenge recently when its financial management system fell victim to a cyberattack. The Ministry of Finance was compelled to revert to manual payroll processing as a result, marking the first major cyberattack and ransomware...
by DevNadkarni | Apr 12, 2024 | Blog, News, Pacific
Pacific Island Countries grapple with mounting obstacles in Correspondent Banking Relationships (CBR), as highlighted in the recent high-level event convened in Sydney. Policymakers, regulators, and industry stakeholders congregated to confront the complex issues...
by DevNadkarni | Mar 15, 2024 | Blog, Cook Islands, News, Pacific, Samoa, Solomon Islands, Tonga, Vanuatu
A delegation comprising seventeen members of the Australia Pacific Business Council, the Australia Fiji Business Council and the Australia Papua New Guinea Business Councils’ Senior Executive and other executive committee members embarked on a significant visit to...
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