Business

Stoeckel: Containment of COVID-19 puts Fiji in a strong position

Fiji’s track record in containing COVID-19 continues to put the destination in a strong position to reassure international visitors that it will be a safe destination to visit when borders reopen. According to Tourism Fiji,...

Post Fiji launches hamper pack initiative

Fijians living overseas can now order hamper packs from Post Fiji and have them delivered to any family affected by COVID-19. This, after Minister for Women, Children and Poverty Alleviation Mereseini Vuniwaqa launched the Post Fiji hamper pack initiative in Suva today. Post Fiji CEO Anirudha Bansod said the pandemic had affected hundreds of families...

Fijians warned against pyramid schemes

The Consumer Council of Fiji has discovered that certain organised groups have been trying to lure Fijians into ‘get rich quick’ pyramid schemes by making enticing promises of high returns within a short period of time leaving consumers hundreds of dollars out of pocket. According to the CCF, Fijian consumers are being targeted by notorious...

United Airlines sending ‘gut punch’ furlough warnings to 36,000 workers

CHICAGO (Reuters) – United Airlines <UAL.O> said on Wednesday it was preparing to send notices of potential furloughs to 36,000 U.S.-based frontline employees, or about 45% of staff, as travel demand hit by the coronavirus pandemic struggles to recover. United shares lost 3.3% in midday trading. Not everyone who receives a notification will be furloughed,...

9th July

PM Bainimarama: COVID-19 is clearly the job killer

Fijian Prime Minister Voreqe Bainimarama says after another worse-than-anticipated quarter for the world economy, COVID-19 is clearly the job killer of the century. Delivering his remarks at the International Labour Organisation’s Global Virtual Summit on COVID-19 and the World of Work yesterday, Mr Bainimarama highlighted the unique challenges presently faced by the Small Island Developing...

Airbus workers stage rare protest over job cuts

TOULOUSE, France/BERLIN (Reuters) – Thousands of Airbus workers marched alongside an airport runway in France and staged an ’empty chair’ protest in Germany on Wednesday to protest against plans to cut up to 15,000 jobs. The European planemaker announced the 11% reduction in its workforce last week, saying its survival was at stake from the...

Total opens refurbished service station in Lautoka

The newly-renovated Total Lautoka Service station was officially opened today by Minister for Tourism, Trade and Investment Faiyaz Koya. The new facility joins nine other service stations by the company that will focus on reducing carbon emissions by switching to solar power. Mr Koya praised the company’s commitment to renewable energy and its staff’s contribution...

8th July

Koya: Businesses used pandemic period to improve workforce skills

A few tourism and non-tourism businesses was reported to be using this time during the pandemic to improve workforce skills, according to Minister for Commerce, Trade, Tourism and Transport Faiyaz Koya. The Minster revealed this during the launch of UNDP and UNCDF’s COVID-19 Response Project for Tourism Sector Workers which is set to provide approximately...

EU wants Brexit deal ‘but not at any price’ as teams head for dinner

LONDON (Reuters) – Top British and EU negotiators will dine at Number 10 Downing Street on Tuesday, kicking off the latest round of Brexit talks that have all but stalled amid differences, with the top EU official saying he wants an agreement, “but not at any price”. Last week’s round was cut short with both...

7th July

GPH to be rebranded

From this month the Grand Pacific Hotel in Suva will join the InterContinental Hotels Group (IHG) and by 2022 it will be rebranded as InterContinental Grand Pacific Hotel following a refurbishment. According to a statement from IHG, it had signed an agreement with Fiji National Provident Fund (FNPF) to take over management of the leading...

Insurance company records growth in revenue

Insurance service provider FijiCare Insurance Ltd has recorded an increase for its gross revenue from insurance activities by 47 per cent to $F31.83 million in 2019, according to non-executive chairman Avi Raju in its 2019 annual report. He said the medical underwriting continued to be a core growth driver of their business as it had...

Improving Fiji’s trade efficiency

The Biosecurity Authority of Fiji has now gone live with its phytosanitary certificates, meaning effective from July, BAF will be creating and issuing Fijian phytosanitary certificates using the Generic ePhyto National System (GeNS) for commercial consignments exported from Fiji. BAF acting chief executive officer Surend Pratap said GeNS provided a secured platform that would enable...

Open for business – Gounden is not going to chicken out

“I started blank. I had no idea on how to do business, or banking or track expenses. But I have always raised chickens in our back yard and so it made sense to do this as a business.” Award-winning Gopal’s Poultry Farm in Coqeloa, Labasa, stands out as a progress story, owning its success to...

Partnership to strengthen export opportunities for Fijian kava

A partnership was signed today between the Pacific Horticultural and Agricultural Market Access (PHAMA) Plus Program and Fiji Kava Ltd’s subsidiary South Pacific Elixirs Ltd (SPE) to strengthen export opportunities for Fijian kava to Australia and other international markets. According to a statement issued today, SPE and PHAMA Plus will partner on the design, procurement...

6th July

$50,000 fuel station for town

Wellcome Supermarket in Tailevu opened a new $50,000 gas station on its premises last Friday. According to manager Rajendra Prasad, the storage capacity of the fuel cost about $35,000 and the whole setup was in the vicinity of about $15,000. “This service station was here before but in the last three months they shut down...

Grant triples up

The Westpac Women and Girls Education Grant program has tripled the number of grants on offer for 2020 in light of the COVID-19. Westpac Fiji had launched the annual competition for education grants to women and girls a decade ago according to a statement from the bank. “I’m pleased to say that equality is a...

4th July

Tourism activity enterprise focuses on locals

With the tourism industry coming to a halt most businesses dependent on foreigners are now focusing on being more inclusive to locals. One such business is Ecotrax which had lost majority of its clientele as the borders had closed early in the year. “We obviously realised the local market wages are different to foreign tourists,”...

Prasad appointed as Acting CEO of the South Pacific Stock Exchange

Pretesh Prasad has been appointed as Acting CEO of the South Pacific Stock Exchange. This follows the conclusion of the contract of the current CEO, Krishika Narayan, said Chairperson of SPX Dr Nur Bano Ali. Mr Prasad started working at SPX as a market analyst in 2008. He has held various positions over the past...

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