The Falkland Islands Government (FIG) have announced a new price control mechanism to regulate the prices of regulated retail services provided by Cable & Wireless South Atlantic under their exclusive licence to the general public and businesses in the Falklands
There can be no negotiations on the sovereignty of the Falkland Islands unless and until such time as the Islanders so wish was the official reply from the UK to remarks made by Argentine president Cristina Fernandez during her speech on Tuesday before the UN General Assembly.
Falkland Oil and Gas, FOGL, announced on Tuesday that last 25 September it spudded the Scotia exploration well to the East of the Falkland Islands. The well FI 31/12-01 is located 315 km east-northeast of the Islands capital Stanley, and 114 km from the Loligo prospect.
The Royal Navy’s destroyer HMS Edinburgh left on Monday Portsmouth on her final planned deployment. It marks a historic milestone for both the ship and the Royal Navy as it will be the last time a Type 42 destroyer deploys on operations as they make way for the new-generation Type 45 destroyers.
The wait is finally over for the Falklands’ badminton team as they find out their opponents in the 27th Brazil Badminton International Cup, which will be played in Sao Paulo, Brazil, from 27th to 30th September 2012.
Over the years there has been talk of implementing a minimum wage in the Falkland Islands, a significant amount of work has been undertaken on the issue and a minimum wage should be in place by early 2013.
Political pressure on organisers of the Seatrade South America convention held in Buenos Aires, Argentina, last week meant the Falkland Islands was ignored during discussions as a tourist destination in the region.
A team of four are currently emerged in a training camp preparing for competition in Sao Paulo next week.
Falkland Islands explorer Desire Petroleum said its half-year to end-June period losses decreased from 39.3 million dollars in the previous period to just 2m, due to a fall in exploration and evaluation expenses. It also announced that it was looking for a farm-in partner for the North Falkland basin, where the company is focused.
The future need of the Falklands Islands labour market is the driving force behind a decision to review the Falklands immigration system, confirmed Head of Policy Jamie Fotheringham this week in a report published by Penguin News.