AGP Executive Report
Last update: 2 hours agoConnectivity Upgrade: NEC has completed the East Micronesia Cable System, a 2,250km submarine link bringing first-time optical broadband to Nauru, Kiribati and parts of the Federated States of Micronesia—promising lower latency and higher-capacity services for everything from e-government to digital payments. Energy & Power: The Solomon Islands is moving toward its first large-scale grid solar project, with the ADB set to advise on tendering and whether battery storage is needed. Corporate Watch: TMC released its first-quarter 2026 update, reporting $164m in liquidity and a Q1 net loss of $20.6m, while pushing ahead with an offshore nodule recovery deal with Allseas. Policy & Economy: The World Bank warns Pacific growth will slow to about 2.8% in 2026 as fuel, shipping and other shocks keep squeezing small island economies. Identity in Focus: Nauru’s parliament has approved a constitutional amendment to rename the country “Naoero,” with a referendum still to come.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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