- News : Fii ready to facilitate commercial imports of PNG Ox & Palm corned beef [24/03/2017 - Fiji]
- News Feature : Preparations for next Pacific Literacy and Numeracy Assessment underway [23/03/2017 - Fiji]
- News Feature : IUCN launches 2017 Energy Small Grants Programme [23/03/2017 - Fiji]
- Business News : Tongan Government needs to find real solutions to the country's economic problems [23/03/2017 - Tonga]
- Business News : Fiji Airways, Tourism Fiji Enhance Partnership [23/03/2017 - Fiji]
- News : Melanesian nations question global responses to climate change [23/03/2017 - Australia]
- News : PNG Electoral Commissioner warns intending candidates to follow poll regulation [23/03/2017 - Papua New Guinea]
- News : Commonwealth calls for urgent agreement on harmful fishing subsidies [23/03/2017 - Switzerland]
- News Feature : OP-ED: The Role of Regionalism in Financing Development in the Pacific [23/03/2017 - Fiji]
- News Feature : Not a pretty picture: the climate-change threat faced by a small island nation [23/03/2017 - Tuvalu]
- Business News : Tax change for foreign firms in Fiji [23/03/2017 - Fiji]
- Business News : Sugarcane farmers' petition in Fiji disallowed [23/03/2017 - Fiji]
- Sponsored : Oceania National Olympic Committees (ONOC)
Four Pacific Island countries have been identified by Azerbaijan as financial offshore centres from where no company can operate in the country's securities market.
Financial offshore centres are small, low-tax jurisdictions specialising in providing corporate and commercial services to non-resident companies offshore for investment.
The government's decision to limit the countries where shareholders may be based is seen as part of efforts to halt the illegal outflow of capital.
Nauru, the Cook Islands, Vanuatu and Samoa are on a list of 15 countries or territories blacklisted as a base for shareholders active in Azerbaijan.
The other offshore centres include Panama, the Dutch Antilles and the US Virgin Islands.
According to Russian media an estimated $US50 billion was transferred illegally from Azerbaijan to off-shore centres in 2014 alone.
Pacific Islands News Association
Who & What is PINA?
International News Safety Institute (INSI)
Media Helping Media