AGP Executive Report
Last update: 4 hours agoNew Caledonia Recovery Watch: President Milakulo Tukumuli told Congress he’s giving his government six months to stabilise the territory, with the biggest urgencies being pension and health insurance schemes at risk of collapse and a healthcare deficit put at US$420m, alongside cost cuts in public spending. Regional Diplomacy & Security: The 55th Pacific Islands Forum Leaders Meeting in Palau (Aug 30–Sep 4) is set to test unity as major powers compete for influence; several leaders are absent, including Solomon Islands PM Matthew Wale after a no-confidence motion, while New Caledonia’s president leads a Paris delegation and is represented by his predecessor. Aviation & Trade Links: Aircalin has taken delivery of its first Airbus A350-900 in Toulouse, with two A350s on order to double long-haul capacity from late 2026, supporting the Noumea–Paris route via Bangkok. Education & Entrepreneurship: College of New Caledonia launches an Entrepreneur Mentorship Program this fall, pairing students with experienced entrepreneurs through one-on-one mentoring and workshops. Energy Markets: Singapore oil product inventories rebounded to a three-week high, with exports including shipments to New Caledonia.
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