1,513 articles tagged "business"
National Fire Authority investigators are currently collecting and analyzing evidence to determine the cause of major commercial fires on Sunday night in Ba and Suva. A report is expected to be out in the next few
There is clarification today that the Fiji Airports Limited $106 million finance facility through ANZ is not a Fijian Government borrowing and it is also not a Government guaranteed loan. Australia, through the Aus
FNPF will announce in due course the full requirements and commencement dates for the Low Balance Account and Micro Business assistance. Acting CEO, Viliame Vodonaivalu says the Fund has also revised its existing S
Qantas says it will stand down 2,500 staff as a lockdown in Sydney impacts air travel across Australia. The airline says the furlough - affecting pilots, crew and airport workers - will last for at least two months
The Ministry of Local Government says the Ba Town Council has a loan of approximately $1.6 million, which needs to be paid off. The Ministry adds the Council has been directed to work on practicable strategies to p
Expect the prices of goods and services to rise due to increasing food and oil prices and other factors like border restrictions and COVID protocols. The Reserve Bank of Fiji says rising global food and crude oil p
Economic activity slowed significantly in late April and May as the spread of the Delta variant intensified in the country, worsening Fiji’s socio-economic situation however some pick-up has been noted from June as mo
The Tappoo Group of Companies says one of their smaller bulk stores in Suva was affected by the fire last night that engulfed a commercial building in Raiwai late last night. Tappoo Group adds their main warehouse
The Ba Chamber of Commerce and Industry has welcomed the move by police to step up operations around the country however Secretary, Anil Ameen says they cannot take a generalized view regarding fire incidents in Ba and
HFC Bank CEO Rakesh Ram says they are extremely proud of their women leaders achievements and grateful that as Fiji’s only local commercial bank, they are leading the way in recognizing women in top leadership roles w
Attorney General Aiyaz Sayed-Khaiyum has tabled a Bill to amend the Reserve Bank of Fiji Act 1983 which seeks to extend the period for advances from 183 days to 5 years. While tabling the Bill, Sayed-Khaiyum says
The Accident Compensation Commission of Fiji says the announcement of the complete exemption of the annual Motor Vehicle Accident Levy will provide relief to motor vehicle owners for one year as the nation copes with th
Fiji Airways is returning its two leased A330-200 aircraft, Island of Beqa and Island of Vatulele, a few months ahead of its end of lease. The two aircraft joined Fiji Airways fleet in May and July 2018 as part of
Good news for micro, small and medium sized enterprises and large businesses as the Reserve Bank of Fiji has expanded the coverage of the Disaster Rehabilitation and Containment Facility to include them in any lending.
The Reserve Bank Board has resolved that a conditional approval be granted on Kina Securities Limited’s application to take over Westpac Fiji. The Westpac Group had announced on 7th December last year, its intent
BRED Group is carrying out capital increases of nearly $70 million for its subsidiary BRED Bank Fiji to accelerate the development which will boost its growth in all market segments, including corporate and institutiona
More jobs are expected to be created in Nadi as Asco Motors is investing $15 million in its new flagship automotive dealership in Legalega. Outgoing Asco Motors CEO Craig Sims says they have chosen to invest as the
The CEO of the Fijian Competition and Consumer Commission, Joel Abraham says it is impressive that the tax incentives that were announced in the current National Budget will continue in the new financial year as this wi
Fiji Development Bank Chief Executive Officer, Saud Minam has welcomed the 2021-2022 National Budget, saying it is courageous, echoes compassion, and is fit-for-purpose. Minam says it is a much-needed boost to supp
The Nadroga/Navosa Chamber of Commerce and Industry says business activity in Sigatoka has dropped by 50 to 95 percent. President Doctor Ashank Naidu says some businesses such as car rental companies, beauty salons
