Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Palau Business Report.

President Lai hosts state banquet for President Surangel Whipps Jr. of Republic of Palau
TAIWAN, May 20 - Details 2025-05-20 President Lai and President Surangel S. Whipps, Jr. of Palau hold bilateral talks and witness signing of cooperation agreements On the afternoon of May 20, following a welcome ceremony with military honors for...

President Lai and President Surangel S. Whipps, Jr. of Palau hold bilateral talks and witness signing of cooperation agreements
TAIWAN, May 20 - Details 2025-05-20 President Lai hosts state banquet for President Surangel Whipps Jr. of Republic of Palau On the evening of May 20, President Lai Ching-te, accompanied by Vice President Bi-khim Hsiao, hosted a state banquet at...

Wayflyer Marks Fifth Anniversary After Deploying $5 Billion to 5,000+ Small Businesses Worldwide
Wayflyer, the leading financing platform for consumer brands, announced it has reached the milestone of deploying five billion dollars in working capital to more than 5,000 brands across 11 countries. Wayflyer has rapidly emerged as a critical...

President Lai attends ribbon-cutting ceremony for One Stop Shop Building in Palau
TAIWAN, December 6 - President Lai attends ribbon-cutting ceremony for One Stop Shop Building in Palau President Lai attends ribbon-cutting ceremony for One Stop Shop Building in Palau On the morning of December 6 local time (morning of December 6...

President Lai arrives in Palau and meets President Surangel S. Whipps, Jr. of Palau
TAIWAN, December 5 - President Lai arrives in Palau and meets President Surangel S. Whipps, Jr. of Palau President Lai arrives in Palau and meets President Surangel S. Whipps, Jr. of Palau On the afternoon of December 5 local time (earlier in the...

President Lai hosts appreciation luncheon in Palau
TAIWAN, December 6 - President Lai hosts appreciation luncheon in Palau On the afternoon of December 6 local time (noon the same day Taipei time), while on a series of state visits to the Republic of the Marshall Islands, Tuvalu, and the Republic...

President Lai to lead delegation on visit to the Marshall Islands, Tuvalu, and Palau
TAIWAN, November 22 - President Lai to lead delegation on visit to the Marshall Islands, Tuvalu, and Palau President Lai to lead delegation on visit to the Marshall Islands, Tuvalu, and Palau On the morning of November 22, the Presidential Office...

Energy and Natural Resources Committee Clears Record Amount of Pending Legislation as Manchin Leads Last Business Meeting as Chairman
Washington, DC- Today, the Senate Committee on Energy and Natural Resources held their last business meeting of the 118th Congress and cleared a record number of 75 pieces of legislation pending before the committee. The business meeting also...

Ilham Aliyev met with President of Palau
AZERBAIJAN, November 18 - On November 18, Ilham Aliyev, President of the Republic of Azerbaijan, met with Surangel Whipps, President of the Republic of Palau. The President of Palau expressed his gratitude to the Azerbaijani leader for the...

Australia Prefabricated Construction Industry Business Report 2024: Output to Grow at a CAGR of 11.2% to 2028, Driven by Developments in Housing, Data Centers, & Planning and Public Spaces - ResearchAndMarkets.com
The "Australia Prefabricated Construction Industry Business and Investment Opportunities Databook - 100+ KPIs, Market Size & Forecast by End Markets, Precast Products, and Precast Materials - Q1 2024 Update" report has been added to...

Deputy Under Secretary Farrell to Travel to Australia, Fiji, Palau, and Papua New Guinea to Promote Inclusive Economic Growth
FOR IMMEDIATE RELEASE Monday, September 30, 2024 Contact: Office of Public Affairs Email: publicaffairs@trade.gov Phone: 202-482-3809 WASHINGTON, D.C. - Deputy Under Secretary of Commerce for International Trade Diane Farrell will travel to...

AM Best Revises Outlooks to Positive for Pacific Indemnity Insurance Company
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Pacific Indemnity Insurance Company (Pacific Indemnity) (Guam). The...

PRESS RELEASE – Palauli 1 District Development Council (DDC) partners with Methodist Church and Satuiatua Village Council to co-finance Satuiatua Multipurpose Hall.
The Satuiatua Multipurpose Hall was officially opened by the Palauli No.1 Member of Parliament (MP) and Minister of Women, Community & Social Development (MWCSD), Hon. Mulipola Anarosa Ale-Molio’o, on Friday 27 September 2024. Total cost of the...

Minister of Foreign Affairs and External Trade Hon. Peter Shanel Agovaka signed and ratified the Treaty on the Prohibition of Nuclear Weapon
Minister of Foreign Affairs and External Trade Hon. Peter Shanel Agovaka signed and ratified the Treaty on the Prohibition of Nuclear Weapon Solomon Islands signed and ratified the Treaty on the Prohibition of Nuclear Weapons. at the margins of...

ACEL Power and Iconic Zero-Emission Vessel “Porrima P111” Partner for Landmark International Launch
ACEL Power Inc., a Canadian leader in intelligent electric propulsion systems, is proud to announce its participation in the relaunch of Porrima P111—the world’s first zero-carbon vessel to circumnavigate the globe without fossil fuels. This...

Valiant Shield 24: CLB-13 Establishes the First Role II Medical Field Hospital in Palau
When Navy corpsmen and Marine Corps engineers combine their efforts, they can swiftly convert an empty field into a fully equipped medical field hospital. “Once we touch the ground, the Role II is operational in four hours and can support a...

President Lai meets delegation from European Parliament
TAIWAN, May 27 - Details 2025-05-27 President Lai meets and hosts luncheon for delegation led by Governor Lourdes A. Leon Guerrero of Guam On the morning of May 27, President Lai Ching-te met with a delegation led by Governor Lourdes A. Leon...

President Lai meets US delegation led by Senator Tammy Duckworth
TAIWAN, May 28 - President Lai meets delegation led by US House Natural Resources Committee Chair Bruce Westerman">Details 2025-05-27 President Lai meets delegation led by US House Natural Resources Committee Chair Bruce Westerman On the afternoon...

President Lai meets and hosts luncheon for delegation led by Governor Lourdes A. Leon Guerrero of Guam
TAIWAN, May 27 - Details 2025-05-27 President Lai meets delegation from European Parliament On the morning of May 27, President Lai Ching-te met with a delegation from the European Parliament. In remarks, President Lai thanked the European...

President Lai attends 2025 Europe Day Dinner
TAIWAN, May 29 - Details 2025-05-28 President Lai meets US delegation led by Senator Tammy Duckworth On the afternoon of May 28, President Lai Ching-te met with a delegation led by United States Senator Tammy Duckworth. In remarks, President Lai...