BUSINESS NEWS
October 10, 2011 12:00:00 AM
  Follow @ Twitter
Expect a major change in Fiji’s fuel template soon reveals Commerce Commission Chairman Dr Mahendra Reddy.

Speaking to FijiLive Dr Reddy said the Commerce Commission has given a draft of the new fuel template to fuel companies to have a look and make further submissions.

“A three weeks timeline was given to fuel companies and we are into the second week now,” he said.

Dr Reddy said once the submission timeline is over than a new announcement time will be set following various considerations from the commission.

He said the fuel template computes the fuel prices and a change in the template will mean a change in the fuel prices.

“The fuel template involves all the costs and fuel variables and works out the fuel price,” Dr Reddy said.

By Nasik Swami

Wiggle


PREVIOUS STORY
Govt vows to cut fuel imports
NEXT STORY
SMI pays govt $500,000 in licence fees

Bookmark and Share
   




FIJI NEWS
Poor health storage, facilities: reportInspection of the kitchen storeroom at CWM Hospital early this year revealed that dry goods were not properly stored and the kitchen where patientsí meal were prepared were in need of repair with toilet that were not properly cleaned and looked unhygienic, the Auditor General revealed in his 2013 report.
WORLD
'Green'-tinted SUVs at Seoul Motor ShowGas-guzzling SUVs, eco-friendly electric cars and the odd brave attempt to marry the selling points of both are taking centre stage at the biennial Seoul Motor Show.
TECHNOLOGY
Vodafone Fiji, Tonga telco in allianceVodafone Fiji and Tonga Communications Corporation today signed a strategic partnership alliance that will allow the Tongan company to leverage off the experience of their Fijian counterparts.
HEALTH/FITNESS
Clean-up day to curb dengue outbreakFiji's Ministry of Health has declared a clean-up day next Thursday for residents in the central division as it ups the tempo against a dengue fever outbreak currently experienced in the country.
SPORTS
Marist win Nabouva volleyball tourneyMarist won the Nabouva Volleyball tournament in Wainibuka beating the Tamavua Bulls in three straight sets, in heavy rain conditions.
ENTERTAINMENT
Logicís debut album Under Pressure out Oct 24After years of hard work in the studio and on the road, Logic has completed his debut album with Under Pressure due to release October 24, with the title track, Under Pressure, is now available.
NEWS SPORTS INFOTAINMENT SERVICES MOBILE EXTRA HOT TOPICS