AGP Executive Report
Last update: a day agoCompetition Law Update: New Caledonia’s Congress has passed a competition bill targeting abusive practices like excessive pricing and late payments, with tighter merger controls and a new framework for payment deadlines (30 days from receipt) plus late-payment compensation set by decree. ACNC Powers Debate: The government withdrew parts that would have expanded the Competition Authority’s powers, citing a review ahead of its 10th anniversary—amid employer group FEINC criticism and UNI’s abstention. Kava Supply Pressure: New Caledonia’s kava sector is warning of a sharp rise in imported Vanuatu prices—about +40% since early 2026—driven by higher fuel and freight costs and lower Vanuatu production, with potential job cuts if prices don’t ease. Tuna Governance Push: The Pacific Tuna Initiative has expanded to Palau, building on reforms in Fiji, Samoa and New Caledonia to strengthen sustainable albacore tuna management and regional cooperation. Local Business & Jobs: A Goodwill store is set to open in Caledonia after a land donation, aiming to boost local access to thrift retail and fund employment and training programs. Health Watch: Dengue remains a concern across parts of the Pacific, with cases reported in New Caledonia alongside Tonga and Samoa.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
