By: Ngeldei Tulop KOROR, Palau — A student-led recycling business proposal focused on turning reusable waste materials into marketable products earned top honors at the 2026 Palau Development Symposium this week, highlighting the growing interest among Palauan youth in entrepreneurship and sustainable business development. The winning proposal, “Komi Step Up,” presented by the Palau High […]
Tag: Palau economy
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Palau Tourism Shows No Sign of Slowdown Despite Iran Conflict, April Arrivals Surge 38%
Broad-based growth across Asia, North America and Europe points to resilient travel demand and stable visitor confidence By: L.N. Reklai KOROR, Palau (May 25, 2026) — Visitor arrivals to Palau continued to climb steadily through April 2026, with tourism data showing no visible signs of weakening demand despite global concerns over rising fuel prices and […]
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Palau students gain real-world business skills at 2026 Development Symposium
Students pitched startup ideas after hands-on training in finance, marketing, taxation and AI tools during a youth-focused symposium in Koror. By: Laurel Marewibuel KOROR, Palau — “Students were open-minded to learning different solutions and ways to develop a business and how to keep your business running and stable,” an event organizer said following the 2026 […]
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Palau Economic Symposium Set for May 25-29, As Leaders Tackle Pension and Social Security Challenges
Consultant studies to guide discussions on sustainability, sacrifices and long-term financial stability in Palau. By: L.N. Reklai KOROR, Palau — President Surangel Whipps Jr. announced that Palau’s Economic Symposium will be held from May 25 to 29 after being delayed while consultants completed studies on the Palau Civil Service Pension Plan and the Palau Social […]
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Attorney General: Global Crisis, Not Local Gouging, Behind Fuel Hike
By L.N. Reklai KOROR — Attorney General Ernestine K. Rengiil says Palau’s sharp rise in gasoline prices is being driven mainly by the war in Iran and turmoil in global oil markets, and warns that any attempt to prosecute fuel suppliers for price gouging would face significant legal obstacles. Attorney General Ernestine Rengiil In an […]
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Billions Promised, But Bottlenecks Persists: GAO Flags Compact Delays Affecting Palau
Report warns bureaucratic hurdles in both Palau and Washington could weaken strategic and economic goals By: L.N. Reklai KOROR, Palau – (May 7, 2026) A new U.S. government watchdog report is raising concerns that delays and bureaucratic bottlenecks tied to Compact of Free Association funding could undermine Palau’s fragile economic recovery, critical public services and […]