Key Facts
Oceania is a region centered on the islands of the tropical Pacific Ocean. Opinions of what constitutes Oceania range from the coral atolls and volcanic islands of the South Pacific (ethnologically divided into the subregions of Melanesia, Micronesia, and Polynesia) to the entire insular region between Asia and the Americas, including Australasia and the Malay Archipelago. The term is sometimes used more specifically to denote a continent comprising Australia and proximate islands,or biogeographically as a synonym for either the Australasian ecozone (Wallacea and Australasia) or the Pacific ecozone (Melanesia, Polynesia, and Micronesia apart either from New Zealand or from mainland New Guinea)Area : 8,536,716 km2 (3,296,044 sq mi)
  • Climate change laws around the world


    There has been a 20-fold increase in the number of global climate change laws since 1997, according to the most comprehensive database of relevant policy and legislation.

    The database, produced by the Grantham Research Institute on Climate Change and the Environment and the Sabin Center on Climate Change Law, includes more than 1,200 relevant policies across 164 countries, which account for 95% of global greenhouse gas emissions.

  • Australia Subpar growth ahead



    Subpar growth ahead

  • Papua New Guinea Year in Review 2016


    Lower returns from the extraction and agriculture sectors and a world fall in commodity prices combined to curb Papua New Guinea’s economic increase in 2016, though prospects for a modest rebound this year are firming up.

    Corrections necessary

    In early November the government amended its year-end GDP increase projections to 2%, significantly lower than the 4.3% estimate under the 2016 budget, half due to a weaker performance from the mining sector. Increase in non-mining GDP was as well revised downwards to 2.5% from the 3.2% projected at the start of the year.

  • Team Culture & Equal Opportunities Dramatic turnaround in Fiji’s state-owned enterprises


    Faiz Khan has overseen huge upswings in profitability and performance at the Fiji Pine Group of Companies and Airports Fiji Ltd since he was appointed to chief both organizations. As he spearheads large investments that will further revolutionize both entities, he attributes the success to teamwork and risk management.

  • Papua New Guinea Year in Review 2014


    A surge in gas exports will set Papua New Guinea on course for an economic boom in 2015 with some estimates putting GDP increase at a stellar 21%. However, tumbling oil prices are likely to take some of the shine off export receipts, limiting the government\\\'s ambitious plan to slash deficit.

    The 2015 budget, unveiled in November, projects 15.5% GDP increase for the coming year. This is approaching double the official estimate expansion for 2014 of 8.4%, with increase this year to be fuelled largely by the commissioning of a $19bn ExxonMobil-led liquid natural gas (LNG) development, next shipments began from the initial phase in May.

  • Australia’s Coalition government, dominated by the Liberal Party and led by Prime Minister Tony Abbott,


    Australia’s Coalition government, dominated by the Liberal Party and led by Prime Minister Tony Abbott, recently completed a rocky initial 100 days in power. While the government stands accused of sending ‘conflicting messages’ to the business sector

  • “Tourism is the future for Fiji”


    As Fiji enjoys an extra record year for tourism, Andrew Turnbull, Chairman and founder of one of Fiji’s flagship resorts, Tokoriki Island Resort, outlines the opportunities for further increase in the sector.

  • Grahame Southwick, Executive Chairman of the Fiji Fish Marketing Group


    Fiji’s staple tuna industry has come under pressure in recent decades from declining fish stocks and a proliferation of foreign vessels. Legendary fisherman Grahame Southwick, founder and Executive Chairman of the Fiji Fish Marketing Group, explains how he diversified his business to survive, with exports to the USA presently flourishing.

    What is your opinion on the evolution being made towards the creation of a united, modern Fiji under the current government and constitution?

  • Banking in Fiji BSP Fiji positions itself as banking partner of choice in the hub of the Pacific


    After gaining a foothold in Fiji with acquisition of the Colonial Fiji Group in 2009, Bank of South Pacific (BSP) has established itself as the leading retail bank with the fastest growing market share of the business and international banking sector. Country Manager Kevin McCarthy explains that the bank’s deep roots and extensive network in the region make it the natural choice for any business looking to enter the Fijian market as a base for regional commerce and trade.