AGP Executive Report
Last update: an hour agoMoana Pasifika rescue talks: New Zealand has stepped in after the franchise was put into liquidation, with Foreign Affairs Minister Winston Peters directing officials to begin talks with New Zealand Rugby and other stakeholders to find a financially sustainable future. Pacific rugby voices: Tonga and Cook Islands rugby leaders backed the Kanaloa consortium’s bid to take over Moana Pasifika, arguing Pacific futures must be shaped by Pacific voices. New takeover angle: A separate proposal is also emerging to relocate Moana Pasifika to Hawaii, aiming to improve broadcasting and market access. Tonga Development Bank loan delays: PM Lord Fakafanua says subsidised loan support worth $30m is stuck due to stricter eligibility, heavy documentation, and affordability checks, with only part of the first $10m tranche disbursed. Fuel squeeze in the Pacific: Penrhyn Island in the Cook Islands has run out of diesel and is borrowing from a police patrol boat while restricting power use; regional fuel prices are rising again. Insurance branding in the region: TISA Insurance (Fiji) Ltd officially launched in Suva, rebranding from Capital Insurance Ltd and signalling a new Pacific chapter. Tonga cable boost: Tonga completed a second international subsea cable link, strengthening digital resilience.
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