Pacific Periscope: 12 August 2011
12 August 2011
A weekly update of trade and investment in the Pacific Islands region brought to you by Pacific Islands Trade & Invest (PT).
In a move that rivals indigenous people’s business investments in countries like New Zealand, a set of clans from Papua
New Guinea’s
One of the Pacific Islands’ most lucrative industries of yesteryear, which provided employment to thousands of
islanders, is set to receive a fillip.
Leaders of Pacific Islands who had gathered in Papua New Guinea for the Pacific African, Caribbean, and Pacific States
(P-ACP) Trade Ministers meeting this week have reiterated the importance of the aid for trade concept.
One of the Pacific Islands region’s most iconic hotel properties and one that has some legendary literary history is
finally set to get a facelift after lying moribund and disused for a decade and a half.
Pacific Islands Trade & Invest hosted 17 marine based tourism operators from all over the Pacific at the Sydney Boat Show.
East Timor’s smart move
Timor Leste’s (East Timor) decision last month to take its oil money out of the United States and spread it across more
diverse investments has truly paid off.
In an initiative designed to support the Solomon Islands Government in making short-term fiscal adjustments to respond
to the global financial crisis, the Manila headquartered Asian Development Bank (ADB) is providing a US$5 million grant.
Click HERE for more Trade & Investment NEWS
Stories compiled & written by Dev Nadkarni
*************