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.