AGP Executive Report
Last update: 7 hours agoNew Caledonia Recovery Funding: France has approved a second phase of its Economic and Social Reconstruction Pact, adding €84.7m (CFP10.1bn) for 50 infrastructure and development projects to rebuild the territory’s economy, create jobs and improve services. Maritime Boundary Talks: Vanuatu has walked away from negotiations with France over the New Caledonia maritime boundary, with the dispute tied to sovereignty over two uninhabited islands (Umaenupne/Matthew and Umaeneag/Hunter) that both Vanuatu’s and New Caledonia’s customary leaders back for Vanuatu. Mining & Finance: A group reports an H1 2026 EBITDA rebound to €276m (up from €191m) alongside improved free cash flow and progress on its funding plan for H2. Shipping: Swire Projects delivered a 184-tonne bow section and six heavy barges from Vietnam to Brisbane, with the vessel then continuing to Nouméa. Education Scholarships: CFUW Parksville Qualicum announced scholarships and bursaries for women, including support for students heading to the College of New Caledonia. Regional Sport: Solomon Islands withdrew from the Oceania Volleyball Championship in Guam (Aug 3-9), citing financial strain and US visa costs; New Caledonia remains among the confirmed teams.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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