The Pandora Papers compound the absurdity of Vanuatu’s blacklisting by the European Union

Released on October 3rd, the Pandora Papers revealed to the world how the rich and powerful shelter huge amounts of money from tax in places ranging from the British Virgin Islands to South Dakota. Two days later, the European Union announced a new list of "harmful" tax havens that includes Vanuatu and almost none of the jurisdictions singled out in the Papers. Read more»

VANUATU SHIPPING CRISIS PRICES SOAR

Vanuatu is an island nation which is heavily reliant on inbound shipping. Fuel, construction materials, motorvehicles, processed food, are many items that are imported to Vanuatu and this places importance on logistics.Logistics, good logistics, is about having great information available whether it be schedules or tariffs, people to talk toin critical places around the world, and those relentless, never ending stream of emails to keep things moving. Read more»

The Vanuatu Government, Ministry of Finance and Economic Management published its half yearly Economic and Fiscal Update

COVID-19 has crippled economies worldwide and induced severe economic contractions across much of the Pacific Island Countries with the largest impact felt by those countries that had tourism dependent economies. Vanuatu whilst not heavily dependent upon Tourism has not been immune to the downturn. While it remains COVID-19 free, it has not been immune to the negative effects of the pandemic. Read more»

Women in Business

Esther Maximo AT WANTOK Esther Maximo is a dynamic member of the WanTok team. The technical team manager has much experience managing […] Read more»

Tehya Skye VANUATU

Tehya Skye Vanuatu is locally owned evolving boutique skin care range with a holistic approach that are handmade in small batches in […] Read more»

Vanuatu and Crypto Currency

The Vanuatu Offshore Finance Centre and the country status as a tax haven, has been in slow decline over the years due to increase international regulations of Anti Money Laundering (AML) /Combating the Financing of Terrorism (CTL) driven by the International based Financial Action Task Force (FATF). Currently, Vanuatu is currently on the blacklist of the EU as a non-cooperative jurisdiction. It has remained on the blacklist despite being cleared by the FATF. One sector of the offshore finance center has seen growth in the last few years. This is the Financial Dealer Licenses issued. Read more»

FROM BLACKBIRDING TO BLACKLISTING

Which way is the European Union(EU) choosing with respect to it s unilateral, selective, subjective, and disproportionate application of its own tax, anti–money laundering and combating the financing of terrorism(AML/CFT) policies, on acutely vulnerable former European colonies? Read more»

VANUATU TURNS THE CORNER

Vanuatu has taken two big stepsforward in the past week in the ongoing attempts to mitigate and minimize the negative impacts of the COVID-19 crisis, through the arrival of the vaccines and the announcement of a stimuluspackage. These two milestones areunambiguously positive, and should be celebrated. Read more»

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