January 8, 2022 2:09 am | Posted in Features
As we look ahead to 2022, the Vanuatu Business Review has selected a few stories from our archive to reflect onthe year that has just past. Whilst there have been signs of recovery in some of the sectors in the economy, othersectors continue to be seriously affected. The main story last year continues to be COVID and its effect on theeconomy. Government VAT revenues have continued their decline from previous years reflecting slowing consumingdemand Read more»
January 7, 2022 8:14 am | Posted in Features
Low taxes don’t make tax havens. Secrecy does. As long as Vanuatu embraces financial transparency, it should not be called a tax […] Read more»
November 27, 2021 9:20 pm | Posted in Features
The Vanuatu Chamber of Commerce and Industry (VCCI) has published a research report on the impacts ofCOVID-19 on business. This research report was a follow up on the one that was conducted in 2020 andwas conducted through a series of qualitative interviews with a number of businesses throughout Vanuatu. Across section of 103 businesses from fifteen subsectors of the economy under the Agriculture, Industry andServices sectors were analyzed. It comprised of small enterprises to large employers with more than 125staff. Read more»
November 1, 2021 12:12 am | Posted in Features
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»
September 25, 2021 9:00 pm | Posted in Features
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»
August 30, 2021 11:59 pm | Posted in Features
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»
August 30, 2021 9:46 am | Posted in Features
Esther Maximo AT WANTOK Esther Maximo is a dynamic member of the WanTok team. The technical team manager has much experience managing […] Read more»
August 30, 2021 9:45 am | Posted in Features
Tehya Skye Vanuatu is locally owned evolving boutique skin care range with a holistic approach that are handmade in small batches in […] Read more»
July 31, 2021 10:46 am | Posted in Features
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»
July 31, 2021 10:00 am | Posted in Features
Telstra’s bid for an osbsure telecoms operator in the South Pacific was probably far from Prime Minister Scott Morrison’s mind as he […] Read more»
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