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Westpac sells Pacific businesses to Kina Securities
Westpac Group has today announced the sale of its Pacific businesses – Westpac Fiji and Westpac’s 89.91% stake in Westpac Bank PNG Limited – to Kina Securities Limited (ASX:KSL) (Kina Bank) for up to AUD$420 million. As part of the sale agreement, Kina Bank has committed to jobs for all local employees, and to maintaining…
FIRST OFFICIAL UPDATE FOLLOWING THE VOLCANIC ERUPTION
GOVERNMENT OF TONGAMEDIA RELEASE (18th January, 2022) An unprecedented disaster hit Tonga caused by the Hunga-Tonga-Hunga-Ha’apai volcanic eruption on Saturday evening 15th January, 2022 followed by a tsunami warning issued which triggered a mass evacuation. As a result of the eruption, a volcanic mushroom plume was released reaching the stratosphere and extending radially covering all Tonga…
New World Bank Project will Expand Internet Access for Marshall Islands
The US$30m Digital RMI Project will increase access to the digital economy, promote investment WASHINGTON DC, August 31, 2021 – The World Bank’s Board of Executive Directors has approved a US$30 million project in Marshall Islands, where access to high-speed internet remains extremely limited and costly, that will secure faster, more reliable, and more affordable internet…
Cyber Smart Pacific week 2021
On the heels of a successful Cyber Smart Pacific campaign last year, Pacific Online has the honour of partnering again with PaCSON and its members for Cyber Smart Pacific 2021. With the theme Cyber Up Pacific, the community is invited to join four friendly robots to learn to: UPSIZE passwords UPGRADE to two-factor authentication UPHOLD…
Fibre switch-over: Surf’s up in Aitutaki
With yesterday’s internet switch-over, Aitutaki becomes one of the smallest fibre-connected islands in the world. Intermittent internet on Aitutaki had left some of the island’s residents frustrated this week. The Vodafone service was “very poor” and the Wi-Fi hotspot had been playing up, said resident Regina Potini. Than yesterday Potini, a photographer, noticed a difference…