More employment as growth continues in Fiji

Fiji’s five years of positive economic growth has led to a reduction in the country’s unemployment rate with more people entering the job market. Minister for Labour, Industrial Relations and Employment, Jone Usamate said the figures collected during the 2010-2011 survey shows that unemployment rate has come down to 6.9 per cent from the previous…

Pruaitch: Gas export worth K10bn a year to PNG

Now that LNG exports have started, the nation’s export revenues will grow by some K10 billion to K12 billion (US$3.7 – US$4.4 million) in a full calendar year, Papua New Guinea Treasurer Patrick Pruaitch says. He said these revenue flows would greatly boost PNG’s balance of trade with the inflow of US dollars from LNG…

Sisilo backs Kiribati’s vice-president

Lead spokesperson for the forum island countries (FICs) on PACER-Plus Robert Sisilo, has backed the vice-president of the Republic of Kiribati, when she told forum trade ministers meeting in Tarawa last week that PACER-Plus holds much promise for the FICs and they should ensure that the agreement lives up to it’s ideals. In opening the…

2017 target date for digital T.V

Television in Samoa could be going digital by 2017. That’s one of the predictions from a regionally backed workshop that is looking at implications of phasing out analog broadcast signal in the next three years.  Regulator Donnie De Freitas said “digital television is coming to Samoa”.  “Or rather,” he added “it’s here.”  He was referring…

Air New Zealand buys 13 new Airbus A320s

Air New Zealand has signed a deal to purchase 13 next generation Airbus A320s in a move that will cut its fuel use by up to 15 per cent on its trans-Tasman and Pacific Islands flights. The aircraft, with a list price of $NZ1.6 billion, will replace its current fleet of 13 international short-haul A320s.…

Samoa Trade with Tonga talked up

Samoa and Tonga are looking at forging closer economic ties with a delegation from the Kingdom in country to hash out details for a bilateral free trade agreement. The Tongan multi-sector delegation, led by the country’s Minister of Agriculture and Food, Forests and Fisheries, Sione Sangster Saulala, met with both government Ministries and private sector…

PacerPlus trade deal still relevant for the Pacific – Mason

Negotiations for the long running PACERPLUS agreement may be concluded by the end of the year. That’s according to Parliamentary Secretary for Foreign Affairs, Brett Mason who represented Australia at the Forum Trade Ministers Meeting in Kiribati.  Opinion remains divided over the benefits PACERPLUS may bring to the Pacific.  Senator Mason is firmly of the…

UNDP and Digicel partner on Cash For Work in Ha’apai

The United Nations Development Programme (UNDP) and Digicel Tonga signed an agreement last week to partner in the Cash For Work Project in Ha’apai, Tonga following Tropical Cyclone Ian in January 2014. Under the Post Cyclone Livelihoods Recovery and Cash for Work Project in Ha’apai Tonga, UNDP has been providing assistance to the affected communities…

The bogey of devaluation

The bogey of devaluation was once again raised last week.  As Fiji TV 1 reported in its 6 pm news on May 24, this time the occasion was the Panel Discussion during the 2014 Annual Conference of the Fiji Institute of Accountants, held last week in Sigatoka. Since one of the Panelists happened to be…