FIJI BUSINESS NEWS ....................
Westpac Banking Corporation has announced a major drop in home loan rates from Monday while pushing up its savings accounts rates ... more
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Fiji will never suffer from starvation and is in a position to beat the fallout of the global financial crisis and even capitalize on it, an academic said in a public lecture in Suva. ... more
An eco-friendly theme based model company project is still on the cards for Pleass Beverages & Packaging Ltd (PBP), although the publicly-listed company has denied media reports of plans to build a zoo in Fiji. ... more
An $110,000 a year job awaits a candidate suitable to head the Suva-based Pacific Islands Private Sector Organisation, which it said will be its first chief executive officer since its inception in 2005. ... more
Fiji’s Capital Markets Development Authority has been dissolved through the Capital Markets Decree 2009 approved by Cabinet last week. ... more
New technology, especially the use of Short Message Service or SMS, will feature prominently on the agenda of the Bank of South Pacific, the newest player among commercial banks in Fijj. ... more
Outgoing oil operator BP South West Pacific Ltd said it is expecting no hiccups in its second attempt to sell off its Pacific business. ... more
Responses have begun to trickle in from interested stakeholders to the Prices and Incomes Board regarding its intent to extend its regulatory powers ... more
The World Bank expects to play a supportive advisory role in Fiji’s return to economic prosperity, a spokesperson accompanying an International Monetary Fund team to Fiji has said. ... more
Radio conglomerate Communications Fiji Ltd today announced a first interim dividend payment of four cents per share for its 2009 financial year. ... more
The chief advisor to the governor of the Reserve Bank of Fiji, Inia Naiyaga, is throwing his weight behind the development of microfinance and small and medium sized businesses. ... more
The Fiji Export Council is urging local exporters to take advantage of the Duty Suspension Scheme or DSS to help them ease their cash flow in an environment of escalating costs. ... more
The ongoing legal wrangle regarding insurance claims by palm furniture maker Pacific Green Industries (PGI) has been a sore thumb in its financial progress, the company revealed this week. ... more
As Fiji moves forward with its massive reform agenda, several challenges stand in its way. The World Bank has identified some of these challenges in its latest East Asia and Pacific half yearly update, released globally this week. ... more
Struggling Fiji cannery, the Pacific Fishing Company, recovering from a factory fire last year, is to receive a US$20 million investment injection from North American partner Bumble Bee Seafoods, chairman Peniasi Kunatuba revealed last night after the company was named Exporter of the Year. ... more
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Chinese President Hu Jintao (R) talks with US President Barack Obama (L) during a dinner in the Great Hall of the People in Beijing. The two leaders ...
