AGP Executive Report
Last update: 5 hours agoNew Caledonia Recovery Watch: President Milakulo Tukumuli has laid out a six-month recovery roadmap, flagging the urgent risk of collapse for pension and health insurance schemes and a healthcare deficit of about US$420m, alongside moves to cut political system spending after the 2024 unrest. Pacific Security & Resources: Pacific leaders meet in Palau for the 55th Pacific Islands Forum Leaders Meeting, aiming to keep a common regional voice as China and the US compete for influence and access to ocean minerals, with New Caledonia among members. Regional Disaster Resilience: Pacific nations in Honiara advanced plans to strengthen earthquake, tsunami and geohazard monitoring, prioritising better seismic data sharing, interoperability, workforce development and investment in monitoring infrastructure. Aviation & Trade Links: Aircalin’s first Airbus A350-900 has been spotted in Toulouse, with delivery expected late 2026; the carrier says the move will double long-haul capacity and could open new routes. Fuel Market Signal: Singapore oil product inventories rebounded to a three-week high, with exports largely continuing to include shipments to New Caledonia. Education & Entrepreneurship: College of New Caledonia launches an entrepreneur mentorship program this fall to connect students with business leaders, workshops and work-integrated learning.
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