HONOLULU (HONOLULU PUBLIC RADIO)—People call FestPAC, the Festival of Pacific Arts and Culture, a life-changing experience because of the immersion in Polynesian cultures it offers. Preparations are already well underway for the next FestPAC in Honolulu. FestPAC was started in 1972 to stimulate regional cultures that were on the verge of disappearing. Now, 27 nations […]
Author Archives: Island Times Staff
Posted inPacific News
U.S, New Zealand defense officials discuss threats to stability in Indo-Pacific
WASHINGTON (SPUTNIK)—U. S and New Zealand defense officials participated in a virtual meeting to discuss enhancing bilateral security cooperation to address challenges in the Indo-Pacific region, the U.S Defense Department said. “[U.S] Assistant Secretary of Defense for Indo-Pacific Security Affairs, Dr Ely Ratner, and [New Zealand] Deputy Secretary for Defense Policy and Planning, Michael Swain, […]
Posted inWorld News
Why the Fed feels now is time to tighten credit more quickly
By CHRISTOPHER RUGABER AP Economics Writer WASHINGTON (AP) — For months, Federal Reserve Chair Jerome Powell responded to surging inflation by counseling patience and stressing that the Fed wanted to see unemployment return to near-pre-pandemic levels before it would raise interest rates. But on Wednesday, Powell suggested that his patience has run out. High inflation has not […]
Posted inBillboard
$150M ADB loan to support service delivery in PNG
MANILA, PHILIPPINE — The Asian Development Bank (ADB) has approved a $150 million loan to improve state-owned enterprises (SOE) in Papua New Guinea (PNG). “ADB has long been engaged in SOE reforms in PNG, and built strong relationships with several SOEs,” said ADB Principal Public Management Specialist for the Pacific Pamela Wyatt. “The Government of […]
Posted inBillboard
Bank of Guam announces Senior Executive retirements
Frank Atalig, Joe Bradley and Ernest Villaverde Retire End of Year December 15, 2021, Hagatna, Guam. Bank of Guam Board of Directors and Management announced that Francisco M. Atalig, Joseph P. Bradley and Ernest P. Villaverde are retiring from Bank of Guam effective December 31, 2021. Atalig also steps down from BankGuam Holding Company with […]
Posted inBillboard
BIOTA donates to PCS
Exectuve Director Ms. Michelle Ngirutang accepting the check from BIOTA representative, Ms. Ordiil Isalias. On December 1st, 2021, Palau Conservation Society (PCS) received a generous donation of $1,000 from BIOTA, one of it’s long time Corporate Partners for Conservation (CPC). BIOTA is state of the art aquaculture facility located in Ordomel, Airai whichis owned and […]