Airports Vanuatu Limited (AVL) has announced a profit of Vt16 million in the first quarter of 2017.
A facelift of Bauerfield Airport’s international and domestic terminals is being planned by Airports Vanuatu Limited (AVL) to be ready for welcome to Port Vila of visitors and participants in the Pacific Mini Games in December this year.
An island off mainland Malekula, called Lenur Island, is up for sale, according to an advertisement on Private Islands Magazine online, the magazine printed in Toronto, Ontario, Canada.
Vanuatu’s national language, Bislama, is derived from Beche-de-Mer or sea cucumber, the trade of which commodity in the late 1800s signaled the start of trade relations between Vanuatu and China
The newest subsidiary of Ifira Trustees Limited, Ifira General Services 2000, has taken delivery of a 30-ton Komatsu excavator and a 10,000-litre Caterpillar water truck, total value Vt12 million, to assist the company with its services. The heavy works units were purchased from a local comp…
It was certainly a packed house at the Chamber of Commerce (VCCI) on Wednesday morning as investors and real estate agents crowded in to learn more about the land lease and management laws from the minister largely responsible for their existence, Ralph Regenvanu.
Leader of the Opposition Ishmael Kalsakau, has responded to the Prime Minister’s response against him regarding the whereabouts of monies kept by Vanuatu Registry Services (VRS) Limited.
The Office of the Opposition has expressed concern that the “Government does not appear to have an action plan to address the issue of money laundering black list which the Organization for Economic Cooperation and Development (OECD) is intending to impose on Vanuatu.”
Merchandise trade provisional figures for January 2016 recorded a deficit balance of Vt2.94 billion over January 2015, indicating a deterioration of 34% or Vt741 million. This trade deficit balance was due to the value of total imports (Vt3.35 billion) exceeded that of total exports by (Vt41…
Opposition Leader, Ishmael Kalsakau, has appealed to the Government to stand up against threats from outside against Vanuatu’s tax haven status.
The Opposition is calling on members of the public to tell their Members of Parliament to oppose a reported government plan to introduce income tax for the first time in Vanuatu.
Construction work on the beautification program of Port Vila, under the Vanuatu Tourism Infrastructure Project at both the Seafront and Portside precincts, is well under way after starting in January this year under the direction of the contractor, New Zealand company Hawkins Infrastructure …
The agriculture sector continues to play an important role in the lives of the people of Vanuatu, providing work for over 75% of the total population, says the Minister of Finance and Economic Management, Gaetan Pikioune.
Ifira Ports Development Services (IPDS) the subsidiary of Ifira Trustees Limited, that is operating the stevedoring services at Port Vila wharf has ordered additional equipment to assist with movement of containers. This has been revealed by IPDS General Manager Russell Mitchel in an intervi…
Vanuatu’s economy continues to record positive growth as the global economy continues to improve and recover, the Minister of Finance and Economic Management, Gaetan Pikioune has said.
The General Manager of the Ifira Ports Development Services (IPDS), Russell Mitchel, says they are making every way possible to ensure a speedy delivery of containers to their clients. In recent months there have been complaints that there was some sort of inefficiency happening with IPDS th…
The Office of the Opposition has congratulated the Vanuatu Maritime Services (VMS) Limited, the European Trust Company Limited and Tom Bayer of Pacific International Trust Company (PITCO) for the way they have “professionally managed” the Vanuatu Shipping Registry over the last 23 years.
Vanuatu’s merchandise trade provisional figures for December 2015 showed an improvement of Vt583 million over the figures for November 2015 as compared to the 2014 merchandise trade performances.
Minister of Infrastructure and Public Utilities and Tanna MP, Jotham Napat, has appealed to Tanna Islanders in Port Vila and Efate to purchase vehicles and return to their island and operate taxi and bus businesses there.
The Government, through the Minister of Finance and Economic Management, Gaetan Pikioune, has issued a statement clarifying the Vt19 billion budget earlier announced by the Government.
The Office of the Opposition has strongly urged the Minister of Internal Affairs, Alfred Maoh, to investigate allegations of mismanagement in Port Vila Municipal Council (PVMC).
The old series of Vt5, Vt10, Vt20, Vt50, and Vt100 coins are no longer legal tender effective Sunday, February 28, 2016, the Reserve Bank of Vanuatu (RBV) has reminded the general public.
Starting from April 1, 2016 the Department of Labour will launch a program that will collect data on statistical returns from all employers on the number of employees they have.
Police in Luganville still cannot find the exact cause of the fire that totally destroyed the office building of the Northern Islands Stevedoring Company Limited (NISCOL) early last Saturday morning.
Merchandise trade provisional figures for November 2015 recorded a deficit balance of Vt3.317 billion over November 2014, reflecting a slight improvement of 2% or Vt81 million, the latest statistical update of the Vanuatu National Statistics Office (VNSO) shows.
An agreement has been signed by Vanuatu Post Limited (VPL) with the country’s two border control agencies — the Government Departments of Customs and Inland Revenue (CIR) and Biosecurity Vanuatu (BSV), which will help to combat drug trafficking by post.
The Office of the Opposition has issued a statement raising several issues for the Government’s attention and action. They concern the issue of the Bauerfield runway and the intentions of Government to reduce political staff in ministries.
Tony Deamer, a longtime aviation operator in Vanuatu, says he’s sure Air Vanuatu’s new Boeing 737-800 will be fully equipped with all the instrumentation it needs to get into Port Vila’s Bauerfield Airport in bad weather.
A member of the Kilman cabinet Caretaker Minister of Justice and Community Services Robert Bohn has confirmed the government is seriously considering the World Bank loan funding an option for repair of the Bauerfield Airport runway.
A new series of promotional material is currently being produced in New Zealand for marketing in Australia and New Zealand of Vanuatu as a tourist destination.
A new Association, the Tourism Owners Association (TOA), is proposing alternative solutions to raising marketing funds to promote Vanuatu as a Tourist Destination.
The government is committed to ensuring that Vanuatu’s economy is turned around from the downturn in tourism following the decision of several airlines to suspend service to Port Vila, Prime Minister Sato Kilman has said.
Virgin Australia, has temporarily suspended its flights to Vanuatu over runway safety concerns at the Bauerfield Airport, the Sydney Morning Herald (SMH) reported yesterday afternoon.
A local land owner is calling on the incoming government from the soon to be declared new Parliament of the Republic of Vanuatu to review the Land Lease Act especially to make changes to the value of the land and the value of the rent.
Vicky Geiger, the mother of Dr. Lailade Asunsade, an American resident in New Zealand, who died while diving in the SS President Coolidge wreck in May 2013, continues her crusade to get recognition for those highlighting the issue of her daughter’s death and to prevent a repetition of the sa…
The President of Vanuatu Scuba Operators Association (VSOA), Mike Crawford, says Vanuatu has the potential to be the best tourist related country in the whole South Pacific.