Business
March 15th 2010
Pacific's slow recovery from recession
.
Pacific countries are clawing their way back from the recession but trade and tourism from New Zealand and Australia is expected to be lacklustre, the Asian Development Bank reports.

12th March 2010
Auckland Airport to build budget hotel
Auckland International Airport has announced plans to build a 125 room budget hotel at the airport.

March 5th 2010
Package deal for Trade Mission to Fiji/Guam
Numbers are limited for the Trade Mission, so get in quick for this great deal.

March 2nd 2010
Waves of business disruption from tsunami warning .
Some Hawaii stores made lots of supply sales because of the tsunami warning, but many businesses mostly lost revenue from the event.

February 25th 2010
NZ Assistance Boost Solomon Islands Fisheries Division
A fisheries support package by the Government of New Zealand has enhanced the functions of the Solomon Islands Ministry of Fisheries and Marine Resources (MFMR).

February 24th 2010
Pacific workers 'too expensive'
The Federal Government's Pacific Seasonal Worker Pilot Scheme is proving too costly for some employers.

February 23rd 2010
Sikua targets anti-corruption

That corruption continues to surface in the Solomon Islands cannot be regarded a newsflash.

February 23rd 2010
Solomons foreign minister slams forum secretariat
The Solomon Islands foreign minister, William Haomae, has accused the Pacific Islands Forum Secretariat of disloyalty and non-transparent dealings with the countries it is meant to serve.

February 19th 2010
Economic costs of disasters devastating
The path tropical cyclone Mick took through the middle of Viti Levu, Fiji’s most populous island, last month; the tsunami that devastated Samoa and Tonga last September; and the damaging floods in Fiji’s Western Division a year ago, are all stark reminders the Pacific is one of the world’s most natural disaster prone regions.

February 19th 2010
Vanuatu’s international airline to reduce number of workers
The management of Air Vanuatu International has told staff there’ll be layoffs because of the financial difficulties it’s facing.

February 17th 2010
Business Networking Evening

Pacific Business Trust, Porirua Chamber of Commerce and Mayor Jenny Brash would like to warmly invite YOU to join us for the
FIRST BUSINESS NETWORKING EVENING FOR 2010

 
February 12th 2010
Tax information at your fingertips
Inland Revenue customers can get all their tax updates in one place by subscribing to the department’s online newsletters.

February 11th 2010
More TV frequencies for Maori content.
The Government is considering allocating more television broadcasting frequencies for Maori.

 

February 11th 2010
Grant to help Pacific Island Farmers
The Federal Government will give $10 million over four years to help farmers in the Pacific expand their businesses and help feed the world.

February 10th 2010
Australia makes donation to Vanuatu National Bank

Australia has donated 300 thousand US dollars to Vanuatu’s National Bank to allow it improve services around the country.
February 10th 2010
ANZ bank upbeat on Pacific outlook
The ANZ Bank's Asia-Pacific head says he is optimistic about the Pacific's ability to respond to the global economic crisis and sees a positive outlook for most regional nations.

February 10th 2010
Economic forecast to dominate Pacific conference
The disturbing economic outlook for Pacific Island countries will be the focus of a series of international meetings in Vanuatu this week.

February 9th 2010
Tourism Fiji wants more Kiwi Visitors
A television campaign has been launched in New Zealand aiming to attract 103,000 visitors to Fiji's shores.

February 9th 2010
Hotel multi national to build resort in Tonga’s Vava’u
Warwick International Hotels is to begin building a hotel resort and spa in Vava’u in Tonga by the end of this year.
January 29th 2010
Council airport shareholding crucial to retaining share in strategic asset.

Manukau Mayor Len Brown said Manukau Council’s decision to take up Auckland International Airport’s share offer guarantees continued public ownership of a cornerstone stake in a key strategic asset.

January 28th 2010
Minimum wage increase polarizes groups
Business New Zealand says the government's 25-cent wage rise is reasonable given the current economic environment.

January 28th 2010
American Samoa considers new tourism plan
A draft master plan for tourism in American Samoa is being presented to key stakeholders in Pago Pago this week.

January 27th 2010
Fiji’s multi-billion dollar gold mine

Fiji's only gold producer has announced it has found new "world class size" gold deposits.

January 26th 2010
Mobile phone banking to take off in Samoa

Commercial banks, microfinance institutions, civil society organizations, government officials and donor agencies in Samoa now have a better idea of what mobile banking can offer to the island nation.

January 26th 2010
Rise in fuel prices lifts November retail sales

Retail sales in November lifted 0.8%, or $46 million, after two months of flat results, according to Statistics New Zealand's latest Retail Trade Survey.

January 26th 2010
NZ ranked fourth most economically free country
New Zealand remains among the most economically free countries in the world, according to an annual ranking by conservative United States think tank the Heritage Foundation and the Wall Street Journal.


January 22nd 2010
Disney names its Hawaii resort 'Aulani'
Disney’s first resort in Hawaii has a name: Aulani, a Disney Resort & Spa.

January 21st 2010
Major Changes for tax system ahead
Major changes to New Zealand's tax system are on the cards, with the possibility of a rise in GST and a cut in personal tax rates.

January 20th 2010
Cadbury sale could affect workers in NZ
Workers at Cadbury's factory in Dunedin face an anxious wait after the confectionery company agreed to a takeover by American food giant Kraft.

January 19th 2009
Create your own success not someone else’s
A tagline that X-Factor Marketing and Design works by and believes in, when it comes to helping other businesses succeed through effective marketing strategies and advertising

January 6th 2010
Fiji capital faces drop in cruise ship visits

A Fiji company representing major cruise liners says there’ll be a drop in the number of ships visiting Suva this year because of the effects of the global financial crisis.

December 21st 2009
Niue breaks new ground on Mission
The first ever Air New Zealand Return to Roots Mission to Niue hosted by the Pacifc Islands Trade & Investment Commission NZ (PITIC NZ) and the Ministry of Pacific Island Affairs (MPIA) is already producing a positive impact on the tiny island nation’s economy

December 16th 2009
Fiji’s sugar industry to benefit from Economic Partnership Agreement with EU
A Fiji economist says the signing of an economic agreement with the European Union is important for the country’s sugar industry and could open up opportunities for other commodities.

December 11th 2009
Tongan Economy Suffers from Low Remittances
Tonga's former finance minister, Siosiua 'Utoikamanu, says in his country, families dependent on remittances and retailers have been hardest hit by the effects of the global economic crisis.

December 10th 2009
Hopes that Australia’s pacific labour scheme will kick off
The Horticulture Council of Australia says it is hopeful that a pilot labour scheme employing people from Pacific Islands countries will pick up over the summer.

December 10th 2009
Kiwi Dollar Goes below US70.8 cents
The New Zealand dollar was around its lowest level against the greenback in nearly two weeks when the local market opened, as the United States currency strengthened broadly amid growing risk aversion.

December 9th 2009
Fiji’s Next Best Thing: China

China will be the next best thing for Fiji tourism, says Tourism Fiji chief executive officer Josefa Tuamoto.


December 7th 2009
Fiji's borrowing sending country backward: Economist
A leading Fijian economist says figures provided in the country's latest budget show the country is going backward.

December 7th 2009
ADB to help Tonga to maintain social spending, reforms, in face of crisis

Tonga, like other small remittance-dependent countries in the Pacific, is highly vulnerable to external shocks and sharp fuel price increases in 2008, combined with a slump in remittances, government revenues, and tourism receipts linked to the global crisis, have hurt its economy.

December 3rd 2009
Vital feature of Fijian economy takes a caning

A walkout by thousands of Fijian canegrowers has pushed the country's second-biggest income earner to the brink.

December 3rd 2009
Fiji considers move against regional trade talks

Fiji's state solicitor says the interim Government has moved to protect the country's interests in the regional PACER-Plus trade negotiations.
December 3rd 2009
Niuean siblings with a knack for business return to the island
Edward and Monique Nee Nee are an example of Niueans raised in New Zealand for better opportunity. Now that they're both successful business people, they're returning to their roots and to the place where their grandmother was born

December 2nd 2009
Fiji Exports Expected to Grow Next Year
Fiji exports are projected to grow by 8.9 per cent.

December 1st 2009
Fijian Government Plans for New Housing Receives Round of Applause
The Fiji Government's initiative to put in place a housing assistance grant worth $10 million for the construction of new individual homes was applauded by economics and business experts.

November 27th 2009
Australia's Pacific seasonal workers scheme may be struggling to get off the ground, two years in a row.

The scheme, first started in 2008, was intended to help Australian growers fill labour gaps by inviting Pacific Islanders to take up seasonal work.

November 26th 2009
Tonga gets better business registry open
The International Finance Corporation, which is a member of the World Bank Group, says an electronic system that’s to be introduced in Tonga will improve business operations.

November 26th 2009
Niue entrepreneurs make impact on historic business mission
A group of Niue entrepreneurs broke new ground with a historic business mission to Niue.
November 23rd 2009
Tongan economy not feeling recovery

In Tonga, exports, tourism receipts and remittances continue to decline, despite other Pacific economies beginning to show signs of economic recovery

November 19th 2009
ISSUE 35 ARTICLE
Pasifika students show more business flair every year
13 group of year 13 Pasifika students showcased their creativity and business savvy in the Pacific Business Trust Plantation Business Challenge in October, in a bid to win tertiary scholarships and prizes.

November 19th 2009
ISSUE 35 ARTICLE
Language No Barrier
Tonga and the French territories of the Pacific are now part of Wiri Pacific's growing presence in the region

November 19th 2009
ISSUE 35 ARTICLE
Panorama goes higher on hire
From humble beginnings, Tongan-born George Niuhulu has established himself as one of New Zealand’s most successful Pacific businessmen. INNES LOGAN met the 52-yearold owner of Panorama Access Hire to discover a man whose humbleness remains comfortably alongside a smart business acumen

November 19th 2009
Fiji NZ Business Council concerned about trade ties
The Fiji New Zealand Business Council says it would like to see discussions between the New Zealand government and the Fiji interim regime in order to preserve the trade relationship.

November 19th 2009
Tax evasion tops Fiji's money crimes
Close to F$200 million worth of ‘suspicious transactions’ were conducted across Fiji’s financial institutions over the last five years, according to Fiji’s Financial Intelligence Unit (FIU).


November 19th 2009
American Samoa should be allowed to set its own wages says academic
A senior fellow at the Hudson Institute, Diana Furchtgott-Roth, has told a U.S. House subcommittee in the U.S. Congress that American Samoa should be allowed to set its own wages to attract businesses.

November 6th 2009
Push to expand Pacific horizons
New Zealand’s involvement in Pacific-wide trade discussions is more about facilitation than opening up any opportunity for this country.

November 2nd 2009
Mobile revolution finally reaches Pacific
The Pacific islands are the last frontier for mobile telecommunications but the arrival of Irish-owned Digicel Pacific in the past three years has brought about a revolution.

October 29th 2009
Fiji sugar industry suffers more financial losses
Fiji's Sugar Corporation that supports 200,000 people's life in Fiji has recorded an operating loss of 40.1 million Fiji dollars (21 million U.S. dollars) before income tax for the year ending on May 31, 2009.
October 29th 2009
Recession, tsunami to dominate Pacific talks
Associate Finance Minister Steven Joyce will meet with Pacific leaders in the Cook Islands this week to discuss economic opportunities.

October 22nd 2009
Govt help may be sought to maintain Maori stake in Two Degrees
Te Huarahi Tika Trust may go back to the Government to seek help maintaining a Maori stake in mobile phone company Two Degrees.

October 21st 2009
Fiji's economy still struggling three years after coup: Report

There are claims Fiji's only remaining economic income, in the wake of the 2006 military coup, is from its struggling tourism industry.


October 20th 2009
European Investment Bank to help fund micro business in Cook Islands
The European Investment Bank has agreed a package of four and a half million US dollars to improve access to finance for micro to medium sized initiatives in the Cook Islands.

October 13th 2009
ISSUE 34 BUSINESS ARTICLE
Home with a Taste of Hawaii
After two decades living in the United States, Samoan-Cook Islander Maposua Stevenson Safotu-Asuega has returned home to open an L & L Hawaiian Barbecue restaurant in Otahuhu, south Auckland. The popular franchise has approximately 200 stores in the US, but Safotu-Asuega has made history by opening the first international outlet.

October 13th 2009
ISSUE 34 BUSINESS ARTICLE
Serving Samoa
Being able to return to Samoa, where he spent the first 24 years of his life is one of the many reasons why Iona Levi enjoys his role of Assistant Manager Export Sales for Wiri Pacific.

October 13th 2009
ISSUE 34 BUSINESS ARTICLE
Sharing the Dream
Cook Islander Joe McCarthy shares the same dream of many of Wiri Pacific’s clients in wanting a piece of paradise back home in the islands.

October 13th 2009
ISSUE 34 BUSINESS ARTICLE
imPAC pushes Wilson in the right direction
Samoan Raechel Wilson had always thought about starting a business but never had the courage to step out on her own. That was until she attended a nine-week imPAC Light Workshop with the Pacific Business Trust.

October 7th 2009
BUSINESS
Fiji weighs purchase of Air Pacific stake from Qantas

The Fiji government is setting up a committee to look at the sale of Qantas's 46 per cent stake in Air Pacific


October 7th 2009
Pasifika students showing more business flair every year
A De La Salle College pupil has won a $15,000 scholarship to study at AUT University after taking part in the Pacific Business Trust’s Plantation Business Challenge. SPASIFIK intern FETU TAMAPEAU reports.

September 29th 2009
ISSUE 34 FEATURE ARTICLE
Open For Business
The Cook Islands is opening its doors to foreign investment on the back of its thriving tourism industry, where opportunities in property development are growing, as the Air New Zealand Business Explorer’s Mission in July assembled by the Pacific Island Trade and Investment Commission (PITIC) found out. SPASIFIK editor PETER REES reflects on the mission.

September 29th 2009
Global issues affected Fiji economy more than politics says Reserve

The Governor of Fiji's Reserve Bank says the global economic crisis has had a bigger impact on Fiji's economy than political developments.