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AGP Executive Report

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New Caledonia Competition Law: New Caledonia’s Congress has passed a competition bill targeting abusive practices like excessive pricing and late payments, with payment deadlines set at 30 days from invoice issuance and penalties for late payment to be set by decree. The law also tightens merger and acquisition controls and reintroduces deferred discounts between producers and distributors to help ease high costs. Regulatory Power Struggle: The government withdrew 10 articles that would have expanded the Competition Authority’s powers, citing a review ahead of its 10th anniversary—though employers’ group FEINC has pushed for curbs on the authority, even calling for its closure. Tourism Trade Boost: Fiji has won the bid to host the South Pacific Tourism Exchange (SPTE) in 2027, beating Tahiti Tourisme and signalling confidence in Fiji’s ability to deliver the region’s top tourism marketplace. Regional Mobility: The US has lowered its travel advisory for New Caledonia to Level 2, easing tourism concerns while still warning about petty crime and limited emergency support outside Nouméa.

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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New affordable AMOLED smartwatch packs dual-band six-satellite GPS and free stainless-steel strap

New affordable AMOLED smartwatch packs dual-band six-satellite GPS and free stainless-steel strap


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Apr. 8, 2026

New Caledonia's mining sector sees a 25% increase in public investment and forecasts investments of 4.5 billion CFP

EIN Presswire

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Oct. 18, 2025

New Caledonia's FLNKS rejects delaying of territory’s regional elections

MENAFN

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Feb. 6, 2026

Update on changes to country groupings for International Banking Statistics

Bank of England

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Jul. 14, 2025

France agrees to grant expanded self-governance to New Caledonia

MENAFN

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Jul. 13, 2025

France Grants Increased Autonomy to New Caledonia

MENAFN

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Apr. 23, 2026

Eramet: strong turnover momentum in Q1 2026 driven by a solid operational performance

GlobeNewswire, Inc.

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