AGP Executive Report
Last update: 7 hours agoRegional Investment: The U.S. announced more than US$44 million in Pacific security programs, including US$7 million for a maritime law-enforcement training center in Palau. The project could bring construction, training and regional coordination activity to the country. Renewable Energy: New Zealand’s Sunergise agreed to acquire Infratec, adding utility-scale solar and battery expertise to its Pacific business. The combined company plans to develop, finance and operate projects across the region. Economic Strategy: The Asian Development Bank’s five-year Pacific plan includes Palau and prioritizes private investment, jobs, stronger trade and financial links, and resilient infrastructure. Cost of Living: Palau lawmakers are pushing to cut the sales tax to ease everyday bills. Tax Status: Palau remains on the EU’s list of non-cooperative tax jurisdictions, alongside seven other countries and territories.
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