[New post] Vanuatu Daily News Digest | 21 August 2015

WordPress.com bobmakin posted: "Daily Post's lead story today has a government U-turn on the Bank of South Pacific's (BSP's) application to purchase and take over Westpac's operations in Vanuatu. This comes about despite the Reserve Bank rejection of the application until as recently as" Respond to this post by replying above this line New post on Vanuatu Daily Digest Vanuatu Daily News Digest | 21 August 2015 by bobmakin Daily Post's lead story today has a government U-turn on the Bank of South Pacific's (BSP's) application to purchase and take over Westpac's operations in Vanuatu. This comes about despite the Reserve Bank rejection of the application until as recently as last month. Is the government over-ruling the board of the regulating bank? It's to be hoped with the publication of the information concerning the U-turn some answers will be given by the Reserve Bank. Both Post and Radio Vanuatu News are reporting nine schools being transferred to the Presbyterian Church of Vanuatu (PCV) and the announcement being made concurrent with the PCV General Assembly at Erakor. PCV is probably the oldest educator on a large scale in the country and is said to have petitioned the government in the matter, although the reasons are not abundantly clear. It is said the move will ensure the churches have a portion of the 2016 budget. Thirty students have won MP Ralph Regenvanu scholarships for semester 2 at USP this year. An award ceremony was held recently. Seven hundred are attending the PCV General Assembly at Erakor village. The Assembly has often sent strong messages to government. None have been publicised so far this time. Ecole Française won the school's debating competition sponsored by the Pacific Institute of Public Police. bobmakin | August 21, 2015 at 10:40 am | Categories: The News, Digested | URL: http://wp.me/p2A4RK-Dx Comment    See all comments    Like Unsubscribe to no longer receive posts from Vanuatu Daily Digest. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://ift.tt/1UW5ur3 Thanks for flying with WordPress.com

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