Focus on bridging information gaps

Challenge for manufacturers

Manufacturing companies in the country are facing additional challenges of trying to cope with the current economic situation as now imported items are almost the same price as the locally produced items. This was revealed by the Fiji Commerce and Employers Federation CEO Kameli Batiweti. “One thing that has come out of the budget is...

Catching the wave of blue finance

Time is running out to find sustainable ways to fund investments needed to protect the oceans that have given so much to humanity. Our oceans have been generous to us. They generate oxygen, help protect us from the sun’s heat, provide food and livelihoods to millions of people, and serve humanity in myriad other ways....

Trade facilitation

The COVID-19 pandemic has had significant impact on our lives. It has changed our lives in ways that we never imagined. One thing, however, has become very clear is the continued importance of global trade and the initiatives supporting the smooth flow of goods across borders, especially essential goods to areas where they are most...

Introduction to employment relations

The Employment Relations Act 2007 (ERA), the Health & Safety at Work Act 1996 (HASWA), the Accident Compensation Act 2018 (ACA) primarily establishes the terms and conditions of employment for all workers of Fiji, the relationship between the workers and the employers and the regulatory obligation the government has to manage the said relationship in...

Community project benefits police post

The Bank South Pacific (BSP) handed over a water tank and three handwashing stations to the Pacific Harbour Police Post last week. According to relieving BSP general manager retail, Kamini Mani, community projects formed an integral part of the bank’s journey of growth in Fiji. “For their 2020 community project, our Pacific Harbour branch chose...

Partnership to enhance learning and understanding

Collaboration between Leadership Fiji and Think Pacific Foundation (Fiji) is expected to enable international and local based university students connect virtually with leading figures and organisations from Fiji within different sectors in a bid to enhance their learning and understanding. A media statement stated that the partnership agreement announced yesterday also highlighted the opportunities available...

Airlines set to lose $157 billion amid worsening slump – IATA

PARIS (Reuters) – Airlines are on course to lose a total $157 billion this year and next, their main global body warned on Tuesday, further downgrading its industry outlook in response to a second wave of coronavirus infections and shutdowns afflicting major markets. The International Air Transport Association (IATA), which in June had forecast $100...

Abraham: MSMEs – a critical force in Fiji’s economy

Micro, small and medium enterprises (MSMEs) are a critical force in the Fijian economy. Fiji Competition and Consumer Commission (FCCC) CEO Joel Abraham made the comment at a training program organised by the FCCC and attended by 45 MSME members. “MSMEs are a critical force in the Fijian economy, driving innovation, economic development and are...

Fiji Airways to fly four repatriation flights

Fiji Airways will fly four repatriation flights in the first week of December to and from Australia. On December 3, 2020, a flight will go to Brisbane from Nadi and return on the same day. A Nadi-Sydney-Nadi service will take place on December 5. The flights will allow Fijian and Australian citizens as well as...

GM will recall 7 million vehicles for air bag issue worldwide

WASHINGTON (Reuters) – General Motors Co will recall 7 million vehicles worldwide with potentially dangerous Takata air bag inflators after a U.S. safety agency said Monday it had rejected the Detroit automaker’s petition to avoid the callback. The recall is expected to cost the Detroit automaker $1.2 billion. The National Highway Traffic Safety Administration (NHTSA)...

CEOs provide monetary support to Fiji Cancer Society

The Finance Companies Association that consists of chief executive officers from Credit Corporation, Merchant Finance, BSP Finance and Kontiki Finance came together to provide support with a cheque of $5000 to the Fiji Cancer Society today. Fiji Cancer Society CEO Belinda Chan said the monetary assistance would not only be used to raise awareness on...

FCCC: 94 per cent of non-compliant traders on Kadavu

The Fijian Competition and Consumer Commission (FCCC) has reported that 94 per cent of traders on Kadavu were not complying with the FCCC Act 2010. “Despite our efforts to encourage compliance coupled with previous visits and trader engagement, it is a sad state of affairs to see willful negligence of consumer protection provisions,” FCCC chief...

New dates discussed for close of 2020 crushing season

New dates will be announced this afternoon on the closing of the 2020 sugar crushing season. The Lautoka and Ba mills were scheduled to stop on Wednesday while the Labasa mill was to cease operations on Friday. Fiji Sugar Corporation CEO Graham Clark had said wet weather in the weekend had delayed cane harvesting in...

Ba Provincial Holding to launch Class B shares to Fijian investors

Ba Provincial Holding Company Limited will launch its class B shares to Fijian investors and the general public on November 27, 2020. This will take place at the Bose Ni Momo Trust and Ba Provincial Holdings Company Limited annual general meetings at the chiefly village of Sorokoba. The Bose ni Momo ni Yasana ko Ba...

Call for board to review group debt levels

Fijian Holdings Ltd shareholders have welcomed the decision by its board to appoint Jaoji Koroi as the next chief executive officer for the group. At the company’s 35th annual general meeting held at the FMF Gymnasium in Laucala Bay yesterday, shareholders raised concerns at the announcement by the board on the challenges faced by some...

$20m creates jobs

A $20 million investment by a petroleum company is expected to create employment for about 70 to 100 people, further cementing its footprint in the Central and Eastern region and improve customer reach. Trading as Bluegas, 100 per cent locally owned Petroleum & Gas Company (Fiji) Pte Ltd, is a subsidiary of Hari Punja &...

FPCL staff to receive $200k bonus payout

It will be an early Christmas for 159 Fiji Ports Corporation Ltd (FPCL) staff after the announcement of a $203,210.16 bonus payout as part of the company’s achievements from last year. Making the announcement yesterday, FPCL chairman Shaheen Ali said last year the company recorded a net profit of $28.04 million — an increase of...

Business

26th November