Tuesday, April 21, 2026
24.8 C
Port-Vila
Tuesday, April 21, 2026
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Economy

Fake Vatu Notes Under Investigation in Port Vila

The Reserve Bank of Vanuatu is investigating reports indicating that counterfeit polymer Vatu notes are circulating in some areas of Port Vila. The Bank has...

Port Vila City Council Fails to Pass 2026 Budget

Port Vila City Council ( PVCC) has failed to pass its 2026 budget. After the meeting was adjourned to this week, councillors met again yesterday...

PM Napat Urges Economic Shift in Talks with International Partners

Prime Minister Jotham Napat has outlined economic transformation as Vanuatu’s top priority during the Second Development Partners Round Table Toktok held today in Port...

Vanuatu to Benefit from Five-Year PACER Plus Economic Support

Vanuatu is set to receive a boost in regional trade and economic support under the Pacific Agreement on Closer Economic Relations (PACER Plus), with...

PSC Seeking Advice RE: Medical Officers VT1.6 Million Petition 

The Public Service Commission (PSC) is consulting with relevant stakeholders, including the Office of the Attorney General, Government Remuneration Tribunal, and the Ministry of...

MoIA Exceeds Revenue Target, Collects VT2 Billion

The Ministry of Internal Affairs has collected VT2 billion in revenue this year, surpassing its original target of VT1.5 billion. In a statement, Minister of...

New Competition & Consumer Commission to Be Established Under Trade Reforms

As part of ongoing national trade reforms, a new institution called the Vanuatu Competition Consumer Commission. The body will include representatives from Customs, Finance, External...

Vanuatu Economy Grows 3.8% in 2024, Driven by Construction and Agriculture

The Vanuatu Bureau of Statistics has released preliminary GDP figures for 2024, showing that the economy continued to grow but at a slower pace...

PM Orders VCC to Submit Missing Grant Reports

The Government wants to see reports for all past grants provided to the Vanuatu Christian Council (VCC). Prime Minister Jotham Napat raised this concern...

SPLTA to Raise Membership Fee to VT7,000

The Shefa Public Land Transport Association (SPLTA) plans to increase its membership fee to VT 7,000 as part of a new plan to invest...

Storian Blong Yumi

Tafea I Redi Plan Moves Forward After Community Consultation on Tanna

The Tafea Economic Sector Development Plan, also known as the Tafea I Redi Plan, has taken another step forward following a consultation held last...

The Fragile Pipeline: How Global Conflict is Paralyzing Pacific Energy Security

The Pacific region is currently grappling with an unprecedented "energy polycrisis." As geopolitical tensions escalate in the Middle East, specifically the blockade of the...

Diesel (mazut) Price to Rise by 99VT as Government Rolls out Subsidy

The Vanuatu Government has announced a significant increase in fuel prices, with diesel (mazut) expected to rise by 99 Vatu per litre early next week. Prime...

Air Services Resume on Tongoa Island

People on Tongoa Island now have access to air services again following improvement works carried out at Pele Airport. The development comes after chiefs and community...

From Port Vila to the World: PSIDS Demand Climate Finance for a Global Just Transition

Pacific leaders say small island nations need stronger financial support to respond to the growing impacts of climate change and to support the transition...
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