Falklands-focused retail and logistics firm FIH Group PLC hiked its dividend on Tuesday after profit and revenue rose amid a much improved performance from its largest unit. For the year ended March, pretax profit widened 74% to GBP3.3 million from GBP1.9 million the year prior. This was after revenue rose 8.2% to GBP43.8 million from GBP40.5 million the year before.
The Falkland Islands Fishing Companies Association, (FIFCA) hosted a reception at the Historic Dockyard Museum in Stanley on Thursday the 31st May to launch their new website and promotional video. In attendance were invited guests that included HE the Governor Mr Nigel Phillips CBE along with Members of the Legislative Assembly, representatives of the Falkland Islands Government Fisheries Department, FIFCA members as well as the local media and press outlets.
The Falkland Islands Government Air Service has informed that at 10:55am on Monday 11 June 2018, a FIGAS plane was involved in a landing incident on Beaver Island. No passengers or crew have been injured however, there is suspected damage to the aircraft.
Students from the UK Overseas Territories are being invited to submit minute-long videos about their territory and its ‘Identity’ as part of an event to be hosted at the Natural History Museum in London in November 2018. This will be the third event of its kind organised by the UK Overseas Territories Association (UKOTA), after events in late 2015 and 2017 hosted at University College London and the London Maritime Museum respectively.
Argentina believes that the new climate in bilateral relations with the United Kingdom, started in 2016, will enable to advance in areas of common interest, particularly in the South Atlantic, and will signify the appropriate framework for the resumption of negotiations on the Malvinas Islands question, according to the terms established by United Nations resolutions.
The constructive spirit and pragmatic attitude towards Argentina/United Kingdom relations and shared interests seems to have spilled positively to international forae, for example the latest OAS general assembly declaration regarding the Malvinas Islands, which does not mention “militarization of the South Atlantic or nuclear arms”, as was common in the Kirchner couple years, and rather keeps to the traditional annual disputed sovereignty claim under the umbrella of the United Nations.
In setting its legislative priorities for the next twelve months, the Falkland Islands Government has signalled an intention to focus on legislation of interest to families. The Islands are internally self-governing, with much law created locally or adapted from elsewhere in the world. The program for the next year was published this week alongside their fiscal budget for the year.
The Falkland Islands Director of Natural Resources John Barton confirmed this week that exchange of fisheries data will resume “in short order” following the resumption of fisheries talks with Argentina last month. Mr. Barton confirmed that proposals for joint research cruises are being drawn up and another meeting has been scheduled to take place in London in late 2018.
The Falkland Islands will be able to enjoy the Football World Cup 2018 live matches of the England side. The British Forces Broadcasting Service operating from MPA has informed that Falklands' viewers will receive the best football experience possible from Russia by showing all the England matches live on the Sky News Channel.
Today the Falkland Islands Government announced the adoption of a new Waste Management strategy for the Islands.