

Palau Looks To The Promises Of Undersea Fiber Optic Technology
Koror- As Palau has placed its bet on developing its tourism industry to fuel its economic development, many entrepreneurs small and big depends on the power of internet for the survival of their businesses. Constant access and reliability of internet is a requirement to stay relevant in the competitive world of today’s visitor industry. “Responding to an off-island customer instantly is a must. I could lose a customer if I don’t respond within 24-hours,” said Des Matsutaro,


Koror Is Dotted With Construction Projects, Hence The Busy Streets
Koror, Palau- On Monday, Jan. 23, Palau President Tommy E. Remengesau Jr., joined by the leadership of the Palau National Congress and Palau traditional leaders, took part in the groundbreaking ceremony for the construction of a new wharf for patrol boats and administrative building that will house the operations of the Division of Marine Law Enforcement. The $34-million project, funded with grant from Nippon Foundation and the Sasakawa Peace Foundation, is part of a 10-year


Palau’s Economy Needs Tourism Industry, Tax and Business Reforms-ADB
Based on the consultation with the private sector in Palau, the Asian Development Bank (ADB) has identified Palau’s strength resulting to its economic growth but “masks” some pressing issues particularly on its tourism industry. The private sector assessment stated that in the past two years, Palau has enjoyed a substantial economic growth and per capital income, making the island nation one of the highest in the Pacific region. “Yet the strong performance of the economy mask