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Australia Pacific Business Connections

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PM’s Business Awards highlight innovation and sustainable growth40 days ago

The 2025 Prime Minister’s International Business Awards (PMIBA) reaffirmed their status as Fiji’s premier platform for recognising business excellence, celebrating companies and leaders who have demonstrated resilience, innovation and sustainable growth in an increasingly competitive regional and global environment. Organised by Investment Fiji, this year’s awards carried the...

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Kava sector buoyed as US monograph clears toxicity cloud40 days ago

Fiji’s kava industry has received a significant reputational boost after the American Herbal Pharmacopoeia (AHP) released a new monograph and therapeutic compendium for kava rhizome and root, describing it as “one of the safest and most effective botanical anti-anxiety herbs we have”. The development, reported on 3 November 2025, is seen as an important step […]

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Prolonged high liquidity seen as drag on Fiji’s growth40 days ago

Former Reserve Bank of Fiji governor Savenaca Narube has warned that persistently high banking system liquidity remains a “worrying” sign of an economy operating below potential and a financial sector not fully channelling funds into productive investment. Writing on 17 November 2025, Narube estimated surplus liquidity at around $2.2 billion and linked it to buoyant […]

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PNG prioritises stability, investment in K30.9 B Budget43 days ago

Papua New Guinea’s Parliament passed the 2026 National Budget on 4 December 2025 with a total allocation of K30.9 billion. The fiscal plan is intended to maintain economic stability, protect essential public services and create a more predictable environment for investment. The passage of the Budget, reported by The National, comes at an important moment […]

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Bisnis Toktok: Stronger enforcement, new rules shape 2026 tax environment43 days ago

The APNGBC hosted the third in our series of Bisnis Toktok webinars on 4 December to unpack the tax changes arising from Papua New Guinea’s 2026 National Budget, with expert presentations from Deloitte’s Andrew Harris and Corrs Chambers Westgarth’s Michael Carroll. The session outlined how the new Income Tax Act 2025 (ITA 2025) and the […]

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