KOROR, Palau — Palau is hosting the 23rd Pacific Islands Tax Administrators Association Annual Heads Meeting this week, marking the first time the regional gathering has been held in the country since PITAA was established in 2004. The Sept. 21-25 meeting, hosted by Palau’s Bureau of Revenue and Taxation, brings together tax administrators from across […]
Tag: Palau economy
Posted inOpinion
Taxing the People, Forgetting the Principles
Dear Editor: Economic development has become the obsession of governments worldwide. Leaders talk endlessly about GDP growth, foreign investment, and infrastructure projects. Yet the people who make up the foundation of the economy, ordinary families, are left struggling to make ends meet. This is not just an executive problem. It is a leadership problem, and […]
Posted inTop Stories
Palau leaders’ travel plans draw questions as 2027 budget remains pending
By: L.N. Reklai KOROR, Palau – With Palau’s Independence Day celebrations in Guam approaching and the Asia Pacific Association for Fiduciary Studies (APAFS) conference scheduled for November, a number of Palau’s elected leaders and government representatives are expected to travel to Guam and the Philippines. The travel comes as Palau’s 2027 national budget remains under […]
Posted inOpinion
To the Editor:
The Poverty Among the Palauans By: K.B. Toichi Palauans have been struggling to keep up with the high cost of living, including electricity bills, fuel prices, and goods and services taxes. The high cost of everything has affected the everyday lives of citizens. With the minimum wage starting at $5.00 per hour, it doesn’t cover […]
Posted inTop Stories
Palau Could Become World’s 13th Rocket Launch Nation, Entrepreneur Tells Students
By: Laurel Marewibuel KOROR, Palau — A New York-born engineer and four-time founder is urging Palau to pursue an unprecedented economic transformation: becoming the world’s 13th country capable of launching rockets into space. Eric Adolphe, founder of Forward Edge-AI, said the proposal is advancing through the Palau Senate, with a public hearing expected in October. […]
Posted inOpinion
Taxing the People, Forgetting the Principles
Dear Editor, Economic development has become the obsession of governments worldwide. Leaders talk endlessly about GDP growth, foreign investment, and infrastructure projects. Yet the people who make up the foundation of the economy, ordinary families, are left struggling to make ends meet. This is not just an executive problem. It is a leadership problem, and […]