FIJI BUSINESS NEWS ....................
Commercial banks in Fiji will have to increase the proportion of their deposits held with the Reserve Bank of Fiji from next month as part of measures by the central bank to support growing liquidity and foreign reserve levels. ... more
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Virgin Australia this week announced it would launch daily Boeing 777-300ER flights between Sydney and Fiji from December 18 after receiving International Air Services Commission approval. ... more
Vodafone Fiji has launched what it describes as the “mother of all recharge” promotions heading into the festive season. ... more
A strong performance by its Papua New Guinea subsidiary cushioned a 75 percent plunge in 2008/2009 profits for the Fiji Television Group led by losses in Fiji Television Ltd and Compac. ... more
Fiji’s Amalgamated Telecom Holdings (ATH) has recorded a $10.1 million drop in its profits for the half year ended September 30, over the same period last year. ... more
Representatives of four large Indian ICT firms will be in Fiji later this month to explore business opportunities here. ... more
A global call centre which is projected to provide jobs for about 3000 locals over the next few years has commenced operations at the Kalabu Tax Free Zone. ... more
The Fijilive Group won two of the five main awards at Vodafone Fiji’s inaugural sales and service excellence awards last night. ... more
The Pacific islands are the last frontier for mobile telecommunications but the arrival of Irish-owned Digicel Pacific in the past three years has brought about a revolution. ... more
The Fiji National Provident Fund has announced that it is now moving towards achieving full ownership of the Momi Bay Resort. ... more
Fiji’s indigenous investment conglomerate, the Fijian Holdings Group Ltd, will establish new business ventures in the Pacific region as part of a strategy to grow into the region in the next 12 months, says chairman Isoa Kaloumaira. ... more
Fiji’s South Pacific Stock Exchange has launched its own market index similar to indices for stock markets overseas. ... more
Fijian Holdings Ltd subsidiary FHL Retailing Ltd has exercised its option to acquire a management contract to manage the RB Patel Group in a move said to broaden the retail aspect of the FHL Group’s operations. ... more
Liquidity on Fiji’s stock market remains low because people continue to be risk averse and long term holders of stocks, says South Pacific Stock Exchange chairman Pramesh Sharma. ... more
The governor of the Reserve Bank of Fiji has chided Fiji’s private sector not to look too much at the past because they might “end up in a ditch” by looking too much in the rear view mirror. ... more
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PAFCO chairman Peniasi Kunatuba poses with the Fisheries Exporter, Largest Exporter and 2009 Prime Minister's Exporter of the Year Award trophies after ...
