Latest Business news and updates from Fiji and the Pacific.
A Fijian has been appointed to be Bank South Pacific's Group Chief Financial Officer. Ronesh Dayal will take up the position from 1st June 2020 and will oversee BSP’s Finance and Planning operations for the Group
66 businesses across the 13 municipal councils have closed down due to the impact of COVID-19 to date. This has been revealed by the Minister for Local Government Premila Kumar who says 25 businesses in Suva, 14 i
Value City has estimated that they have suffered a loss of about $600,000 because of the fire that destroyed their Rodwell Road, Suva store. Company Managing Director Vera Chute says they are thankful that all 12 o
Ranjit Garments has handed over a total of 3,207-bed sheets, 3,263 pillowcases and 335 blankets to the Ministry of Health Incident Management Unit this week. This donation was handed over by Ranjit Garment’s Oper
Firefighters have contained the fire that has destroyed Value City and parts of Suva Flea Market at Rodwell Road in Suva City. The National Fire Authority the firefighters are now putting out hot spots. They s
Digicel in Fiji, Samoa, Tonga, Vanautu and Nauru, states that there is no basis to the article in the Australian Financial Review on the sale of the company. It is reported that there is a proposed deal for the sal
A Tourism Recovery Team which includes government and industry leaders has been formed to provide strategic and visionary guidance for the longevity of the industry as the country prepares for what the government is cal
Eight new jobs have been created and more than a quarter of a million dollars has been injected into the economy following the opening of a new S Nagindas Shop in the heart of Savusavu Town today. The new shop is
BRED Bank has confirmed that 20% of their retail clients and 60% of their corporate clients have been assisted as they are facing financial difficulties due to the COVID-19 pandemic. This has been confirmed by the
The Nanuku Auberge Resort in Pacific Habour is working to ensure their staff are still employed and getting paid despite lack of tourist arrivals. The resort employs more than 160 people from Navua, Pacific Habour and
20 traders have been charged by the Fijian Competition and Consumer Commission for various breaches of the FCCC Act 2010. CEO, Joel Abraham says these traders were found selling certain retail price-controlled item
Minister for Commerce and Trade, Faiyaz Koya says a further decrease in fuel and gas prices is expected in June. While announcing a significant decrease in fuel and gas prices today, Koya says one thing we must rem
Copra Millers Fiji has been re-branded to Fiji Coconut Millers PTE LTD. While officiating at the re-branding of the company name and launch of the the new logo, Attorney General and Minister for Economy, Aiyaz Saye
A brief survey on the impact of the COVID-19 pandemic on the wider Fijian business community is being done by the Ministry of Commerce, Trade, Tourism, and Transport and the International Finance Corporation. Perma
Good news for BSP Life customers as they will be sharing the record-breaking bonus allocation of $30 million for the 2019 financial year. Managing Director Michael Nacola says the $30 million bonus is the highest e
500 employees of Jacks Fiji will have no jobs from mid next month. Jacks Group of Companies CEO, Bhavin Khatri says a significant number of employees are being impacted as their business is predominantly tourism re
FijiCare has today launched improved claims process features to the existing FijiCare Mobile App. The insurance mobile app is free to download from both Android’s Google Play Store and Apple’s App Store or thro
The Accident Compensation Commission of Fiji has paid out more than $10 million in compensation to victims and families of motor vehicle, employment and school accidents since the introduction of the no-fault compensati
ANZ Fiji Country Head, Saud Minam confirms they have received more than 1,100 applications for relief packages from those ANZ customers who have taken loans and are affected by COVID-19. He says around 270 applicat
Westpac Fiji has confirmed they have recieved a significant number of requests and enquiries from both business and home/personal loan customers since they announced the COVID-19 Customer Package. Westpac Fiji Chie
