by DevNadkarni | Feb 27, 2025 | 2025, Cook Islands, Kiribati, Marshall Islands, Nauru, News, Pacific, Palau, Samoa, Solomon Islands, Tonga, Tuvalu, Vanuatu
The Pacific Trade Invest (PTI) Network has announced impressive achievements for 2024, facilitating over AUD$121 million in export deals and AUD$11.3 million in investment deals for Pacific businesses. These figures mark a significant milestone for PTI, an agency of...
by DevNadkarni | Feb 27, 2025 | 2025, Pacific
Recent climate forecasts from New Zealand’s National Institute of Water and Atmospheric Research (NIWA) have raised concerns about below-normal rainfall across several Pacific regions, posing significant economic risks to agriculture and water resources. Nations...
by DevNadkarni | Feb 27, 2025 | 2025, Cook Islands, Pacific
The Cook Islands has taken a bold step in expanding its international partnerships by signing a strategic cooperation agreement with China. The deal, which includes trade, investment, and infrastructure projects, has raised concerns among traditional allies such as...
by DevNadkarni | Feb 27, 2025 | 2025, Blog, Events, Nauru, Pacific
Nauru and Australia have signed a bilateral security treaty granting Australia the authority to veto any foreign military presence in Nauru. In return, Australia has pledged AU$140 million in financial support over the next five years, with AU$100 million allocated to...
by DevNadkarni | Feb 7, 2025 | 2025, Blog, Events, Pacific, Vanuatu
In just about a month’s time, the 7th Australia Vanuatu Business Forum will get under way on 12-13 March 2025 at the Warwick Le Lagon Hotel in Port Vila. Organised by the Australia Pacific Islands Business Council (APIBC) and the Vanuatu Foreign Investment...
by DevNadkarni | Feb 7, 2025 | 2025, Blog, Pacific
This write up is based on an email interview by APIBC with Denis Etournaud in November 2024. Denis Etournaud is the Chairman of Bluescope Acier New Caledonia, as well as Chairman of Bluescope Lysaght Vanuatu. Etournaud is a member of the executive committee of the...
by DevNadkarni | Feb 4, 2025 | 2025, Blog, Pacific
In a strategic move to maintain financial stability across the Pacific, ANZ has reaffirmed its commitment to providing banking services in nine Pacific Island nations, including the Cook Islands. This announcement comes amid concerns about the withdrawal of Western...
by DevNadkarni | Feb 4, 2025 | 2025, Blog, Pacific
The Australian Infrastructure Financing Facility for the Pacific (AIFFP) has released its Annual Update for FY 2023-24, highlighting a shift from project origination to implementation across the Pacific and Timor-Leste. As of 30 June 2024, AIFFP had committed AUD 2...
by DevNadkarni | Feb 4, 2025 | 2025, Blog, Pacific, Solomon Islands, Uncategorized
Landowners of Kangava Bay, East Rennell, Solomon Islands, have filed a compensation claim against a group of international companies responsible for the 2019 oil spill, widely considered the most severe environmental disaster in the country’s history. The claim,...
by DevNadkarni | Feb 4, 2025 | 2025, Pacific
The World Bank, with backing from the United States and Australia, has announced a $77 million financial support plan aimed at strengthening the economic resilience of Pacific Island nations. This initiative seeks to mitigate the impact of Western banks exiting the...
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