The new interest rate has been increased from 2,5% to 2,75%; the initiative of the Reserve Bank of Vanuatu aims to control inflation, with the economy expected to grow by 3,6% this year

All new applications under the Capital Investment Immigration Plan have been suspended until further notice upon initiative of the Citizenship Commission

Malapoa College has experienced a dramatic drop in students' enrollment due to lack of classrooms, acting Principle says: intake has been reduced to around 800, down from over 1.500, with 100 students admitted into Year 11 and another 100 into Year 13

The demand for technical and vocational education in Vanuatu is gaining popularity; in the programmes approved by the Vanuatu Qualifications Authority there are about 1.000 students enrolled, many of whom attend the Vanuatu Institute of Technology

The demolition and reconstruction of Malapoa College buildings, damaged in last month's earthquake, will cost over VT 2,4 billion (€ 18.813.000); severe damage was caused to 24 classrooms, 8 laboratories, two-storey dormitories and the dining hall