Tranquil Palau faced an unprecedented challenge recently when its financial management system fell victim to a cyberattack. The Ministry of Finance was compelled to...
Ransomware attack hits Palau’s financial system, President urges help
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Pacific
Islands’ challenging correspondent banking relationships discussed
Pacific Island Countries grapple with mounting obstacles in Correspondent Banking Relationships (CBR), as highlighted in the recent high-level event convened in Sydney....
Business Councils’ Executive engages with Australian Government in Canberra
A delegation comprising seventeen members of the Australia Pacific Business Council, the Australia Fiji Business Council and the Australia Papua New Guinea Business...
APIBC welcomes Australian Ambassador to Micronesia
The Australia Pacific Islands Business Council (APIBC) organised a roundtable discussion while welcoming Australia’s new Ambassador to the Federated States of...
New Caledonia mulls OPEC-style set up for Nickel
The nickel industry, a cornerstone of New Caledonia's economy, is undergoing significant upheaval as a pro-independence faction within the territory's Congress...
AIFFP launches boat harbour upgrades in Tuvalu
The Australian Infrastructure Financing Facility for the Pacific (AIFFP) has initiated the release of grant funds aimed at upgrading two crucial boat harbours in the...
Google’s new subsea cables to boost Pacific connectivity
In a move to bolster digital connectivity in the central Pacific, Google has partnered with Amalgamated Telecom Holdings (ATH), APTelecom, and Telstra to construct two...
Pacific Legal Network has new member in Vanuatu
The Pacific Legal Network (PLN) has marked another milestone in its expansion efforts with the welcoming of La’au Lawyers from Vanuatu into its fold. This move...
Report highlights education investment as key to Pacific economic growth
The World Bank’s latest Pacific Economic Update underscores the imperative for investment in education to sustain economic momentum amidst projected deceleration in...
Joint Councils’ trade delegation impressed with potential in Samoa, Fiji
Members of the Australia Pacific Islands Business Council and the Australia Fiji Business Council joined the Trade & Investment Queensland’s trade mission to Samoa...
ANZ Bank economist highlights Pacific economic trends, challenges
Kishti Sen, Australia and Pacific Economist at ANZ Bank, was invited to speak at 2024's first executive meetings of the Australia Pacific Island Business Council and...
Report finds challenges and opportunities for Pacific Islands economies
A recent analysis conducted by ANZ Research sheds light on the economic landscape of several Pacific Island nations, highlighting both opportunities and challenges on...