Economic growth is slowing across the Pacific as countries face weak global conditions, natural hazards, and climate-related shocks. The World Bank’s flagship Pacific Economic Update projects regional growth to decline to 2.6 percent in 2025, down from 5.5 percent in 2023. This slowdown coincides with the fading of post-COVID recovery, weakening touris...

The Republic of Vanuatu marked a significant milestone in its international outreach efforts with the successful hosting of its 2025 National (Financial) Resources Promotion Conference in Hong Kong. Organised by the Embassy of Vanuatu in China, the event brought together Chinese and Hong Kong officials, business leaders, listed companies, media, and st...

The Ministry of Rural and Maritime Development and Disaster Management today reaffirmed its commitment to building stronger and more financially resilient rural communities through the signing of an addendum to its Memorandum of Understanding (MoU) with the Reserve Bank of Fiji (RBF). The expanded partnership now formally includes support for parametri...

Pacific Island leaders have formally launched the Pacific Roadmap for Economic Development (PRED) 2025–2030, marking a new chapter in regional cooperation focused on inclusive growth, sustainable finance and economic resilience. The announcement was made during the 2025 Forum Economic Ministers Meeting (FEMM) held in Suva, Fiji, where ministers from ac...

A joint inspection team led by the Ministry of Infrastructure Development (MID) Safeguards Unit has completed a review of four bridge construction sites in Malaita Province, engaging closely with local communities and project stakeholders along the way. The visit, carried out last week, covered the Kolofe 1 and 2 bridges along the North Road, and the S...

Economic growth in Pacific island nations is expected to hold steady this year but slow slightly in 2026, according to the Asian Development Bank’s latest Asian Development Outlook (ADO) released 23 July, 2025. The ADB maintained its 2025 growth projection for the Pacific at 3.9 percent, while the 2026 forecast has been adjusted downward to 3.5 percent...

Suva, Fiji – JMR Infotech, a global leader in core banking and digital technology solutions, convened the Pacific’s top financial minds for the JMR CXO Dialogue – Fiji 2025, held in the first week of July at the Tanoa Plaza Hotel in Suva. Themed “The Future of Financial Services in the Digital Age,” the Dialogue offered an important platform for Fijian...

SUVA, Fiji — The South Pacific Stock Exchange (SPX) has announced its admission as a member of the United Nations Sustainable Stock Exchanges (UN SSE) initiative, joining a global network of more than 130 exchanges working together to promote sustainable development. The move signals SPX’s strong commitment to advancing sustainable finance and responsi...