Port Moresby, PNG: Bank South Pacific announced that it has launched an issue of mandatory convertible notes to “sophisticated” investors in Fiji.

Honiara, Solomon Islands: Log production for January this year recorded a sharp fall, the Central Bank of Solomon Islands revealed.

Manila, Philippines: Asian Development Bank (ADB) Vice-President C. Lawrence Greenwood, Jr. will visit the Federated States of Micronesia (FSM) and the Republic of the Marshall Islands

Suva, Fiji: The first consignment of dalo and cassava left Fiji shores for Kiribati last week.

Rarotonga, Cook Islands: Cook Islands finance minister Wilkie Rasmussen says it’s likely government will no longer approve the planned $37.5 million China soft loan

Port Moresby, PNG: ExxonMobil is on the verge of announcing financial closure on its $US15 billion ($A16.7 billion) Papua New Guinea liquefied natural gas project

Paris, France: International air passenger traffic grew 6.4 per cent in January compared to a year earlier, with Asia, Latin America and the Middle East lifting demand.

Apia, Samoa: U.S Secretary of the Interior Ken Salazar  has announced that the department is providing $1.2 million in special assistance to the government of American Samoa for post-tsunami disaster recovery projects.

Manila Philippines: Building on  improved prospects for the global economy, most Pacific island economies are expected to perform slightly better in 2010 than in 2009

Port Vila, Vanuatu: Mobile phones offer huge potential to change the way we send and save money.