PNG-China trade booming<\/p>\n
PORT MORESBY, Papua New Guinea (PIR) — Trade between Papua New Guinea and China is expected to top $325 million next year, PNG-China Business Council President Chris Marlow announced.<\/p>\n
Trade between the two countries had grown from $5 million in 1991 to more than $233 million last year.<\/p>\n
China imports timber, crude oil and sea products from Papua New Guinea while PNG imports Chinese textiles, shoes, bags, bicycles, toys, electric and electronic goods, canned foods and building materials.<\/p>\n
Guam ranks 3rd for Japan’s spring honeymooners<\/p>\n
HAGATNA, Guam (PIR) — Guam’s popularity among Japanese springtime honeymooners has surged, according to a new survey that ranked the island No. 3 compared to No. 11 last year, the Pacific Daily News reports.<\/p>\n
Tokyo-based travel agency JTB Corp. said Guam followed No. 2 Las Vegas and No. 1 Honolulu as the most popular overseas destinations for Japan’s newlyweds.<\/p>\n
Neighboring Saipan also made it to the top 20 list, placing 19th.<\/p>\n
Lower costs and closer proximity to home are among the reasons that more Japanese honeymooners prefer Guam or Saipan, the survey found.<\/p>\n
Tuvalu increases .tv Internet suffix investment<\/p>\n
FUNAFUTI, Tuvalu (PIR) — The government is investing another $3 million in the company that is marketing its popular Internet suffix – .tv.<\/p>\n
Finance Minister Lagitupu Tuilimu told Parliament that under the stewardship of the DotTV corporation in Los Angeles, .tv has become the fastest growing specialized domain name in Internet history.<\/p>\n
He said the corporation now employs more than 100 people around the world and new offices have opened in London and Hong Kong.<\/p>\n
Cooks gov’t criticized for spending<\/p>\n
AVARUA, Cook Islands (PIR) — Former Prime Minister and current opposition leader Sir Geoffrey Henry has criticized the government for spending too much money on overseas trips for ministers and officials.<\/p>\n
He said the government should focus its spending on improving schools on the outer islands, where students are short on supplies.<\/p>\n
In an interview with Radio Australia, Henry said the money for development on the outer islands is “paltry” compared to what is being spent on the main island of Rarotonga.<\/p>\n","protected":false},"excerpt":{"rendered":"
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