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Monday, 23 July 2018

Countries in the Pacific region will see economic growth sharply decline from 7.0 percent, recorded last year, to an average of 3.9 percent in 2016, according to the Asian Development Bank (ADB). In its Pacific Economic Monitor of July 2016, the ADB attempted to put a positive gloss on the figures, claiming the region was unlikely to be “significantly affected by heightened uncertainty in the global economy.”

Tuesday, 23 August 2016

St. Kitts-Nevis Prime Minister Dr. Timothy Harris is calling for closer collaboration as Caribbean countries seek to implement various forms of a Citizenship by Investment Programme (CIP) as a means of boosting investments in their respective countries. Harris, who is leading a delegation to attend the funeral of a Dominica-born St. Kitts-Nevis Police Force member, said that the programme is a massive revenue earner but warned that new entrants may take action that could undermine the programme.

Wednesday, 10 August 2016

At a time when countries across the Caribbean are faced with economic challenges, innovation in one of its prime sectors – the fisheries and aquaculture sector – can spur the kind of growth needed to help buttress the regional economy. But this kind of change won’t come overnight. The Caribbean Regional Fisheries Mechanism (CRFM) is working with Member States from around the region, as they prepare to take the first steps in converting fish waste to fish wealth – a change which could multiply earnings from the sector.

Thursday, 04 August 2016

The coastal and inland fisheries, tropical climate and fertile soils of South Pacific nations support the production of fresh ingredients that are healthy, nutritious and vitamin rich. Although traditional Pacific cuisine based on these fresh local ingredients is alive and well in the homes of Pacific Islanders, much of the food served in the tourism industry is imported and fails to deliver an authentic South Pacific cuisine experience to visitors. Many Pacific tourism menus are based on Western-style dishes which require the importation of significant amounts of food from overseas (estimated to comprise up to 80-90% of food consumed in some tourism operations for example).

Wednesday, 03 August 2016

In 2001 and 2008 the Asian Development Bank undertook studies to quantify benefits from the fisheries sectors of Pacific Island countries. Summaries of those studies are provided in Appendix 1 of the present book. In February 2014 discussions between the Pacific Community (SPC) and the Australian Department of Foreign Affairs and Trade (DFAT) resulted in an agreement to sponsor an update of the earlier publications. A consultant was retained and the fieldwork to collect information began in early August 2014, and was completed in early November.