Friday, May 18, 2012
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Pacific nets 60 per cent of tuna

Frozen TunaFiji: Nearly 60 per cent of the world's tuna is now caught in the Pacific Ocean.

Pacific to get better banking services: IFC

Australia: Australia is providing $9.5 million towards an initiative that aims to improve access to basic financial services in the Pacific Islands region.

Poor logging policies now backfires for Solomon Islands

Solomon Islands: Former Governor of Central Bank and newly elected MP for Small Malaita Rick Hou says Solomon Islands poor policy on logging dependency had now backfire on the economy with decline forest affecting government’s revenue.

Push to prolong life of PNG wells

PNG: Oil Search is considering extending the life of its oil and gas fields in Papua New Guinea as much as six-fold.

Reserve Bank Governor sees Fiji economy improving

Fiji: The governor of Fiji’s central bank Sada Reddy says consumer spending has recovered somewhat this year while business confidence is strengthening.

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