Business

Long-term approach for regional co-operation

Endorsement of the 2050 Strategy, that sets out the long-term vision, aspirations and approach by the Pacific Islands Forum economic leaders to work together, is critical to our long-term survival, says Faiyaz Koya, Minister for...

Collective strength – Resilient economic recovery and stability

The impact of COVID-19 on economies in the Pacific region was highlighted during a public lecture at the Forum Economic Ministers Meeting (FEMM) in Port Vila, Vanuatu last week. While speaking on the theme “Resetem Blue kontinent ekonomi: Building a resilient Blue Pacific”, Minister for Commerce, Trade, Tourism and Transport, Faiyaz Koya said COVID-19 had...

13th August

Revamp to ensure efficient operational system

Following the COVID-19 pandemic, Fiji Airways revamped its management and service infrastructure to ensure a more efficient operational system. While speaking in Canada on Wednesday night, airline CEO Andre Viljoen said there were a total of 65 infrastructure improvements carried out during this process. “We took one third of our staff and called them are...

Opportunity for trade with British Columbia

Trade opportunities between Fiji and British Columbia have opened up with the new Vancouver flights by Fiji Airways. This was the lament of British Columbia’s Minister for Jobs, Economic Recovery and Innovation Ravi Kahlon who recognised the importance of the new direct flights to the Canadian capital. “This is clearly a big day for Fiji...

Bookings exceed airline’s expectations

Fiji Airways’ overall bookings from August to next year have exceeded expectations for the national airline. While speaking in Vancouver this week, airline CEO and managing director Andre Viljoen said they have made over 400,000 bookings over the next 12 month period. “So starting from August and going forward for the 12 months, our overall...

3 per cent pay rise

Fiji Revenue and Customs Service (FRCS) has awarded a 3 per cent pay increase to 450 Fiji Public Service Association (FPSA) members working at the organisation. The FPSA had sought a 10 per cent increase. “This will no doubt assist our members to get some respite from the high cost of living since the prices...

12th August

HOTEC is back

For those who aren’t familiar, HOTEC is an Expo organised by the Fiji Hotel and Tourism Association for suppliers to the Hospitality Industry to showcase their products and services to the tourism industry. Our last HOTEC event was in 2019 and had been shelved during the lockdown. But this year we are back, bigger and...

Fiji doing well against its global competitors, says Hill

Fiji is doing extremely well against its other global tourism competitors, says Tourism Fiji chief executive Brent Hill. “There have been fantastic amount of businesses from Malamala Beach, South Sea Island to right to Sheraton,” Mr Hill said. “That’s really exciting from our perspective, and that’s why we’re doing what we’re doing. “We’re seeing tourists...

New route to offer cheaper flights, says Viljoen

Around 80,000 Canadian residents who trace their roots to Fiji can now have direct access to the country through Fiji Airways’ new Vancouver flight. Addressing guests after arriving on a promotional flight to Vancouver on Wednesday night, Fiji Airways CEO and managing director Andre Viljoen said the new route beginning on November 25 will offer...

Bank reaffirms its confidence in the local economy

This year BRED Bank Fiji marks its 10th year anniversary with a commitment of further investments in its Fiji operations. BRED Group chief executive officer Olivier Klein, who is in the country, met the bank’s corporate clients, mainly larger company CEOs who provided their views on the economy and their confidence in the economy. Mr...

Successful trade

Pacific Trade Invest Australia Trade and Investment commissioner Caleb Jarvis has heaped praises on Fijian kava exporters saying “Fijians have very successfully added value to traditional agricultural commodities”. He said Fiji kava had very good quality and well packaged. “Fiji is leading the charge in the exports particularly to Australia with the biggest volumes,” Mr...

11th August

New route will open up Canadian market for Fiji

Tourism Fiji has noted uplift in interest from visitors in Vancouver and some major cities across Canada. And chief executive Brent Hill heaped praises for the introduction of the Nadi-Vancouver route saying it would open up the Canadian market. “It’s really good to have another market; this is the perfect time for us to be...

10th August

10-year extension on mining lease

The Fijian government has extended the mining lease for Lion One Metals that operates the Tuvatu Gold Mine by another 10 years that will end on February 28, 2035. The company states this license will be renewable. “I am proud to say that it is with great elation that the Government of Fiji has renewed...

Promotional flight to generate interest of travellers

Fiji is the ideal location for your holiday. The tropical climate, warmth of our people, hospitality and service is of par excellence. This is the message taken across to Canada by a high-level VIP delegation led by Economy Minister and Attorney-General Aiyaz Sayed-Khaiyum in a Fiji Airways promotional flight that left Nadi for Vancouver last...

Industry update

An update on the state of the construction industry in Fiji will be provided to stakeholders at its third annual conference scheduled to be held next month. The Construction Industry Council’s (CIC) annual conference will be held at the Warwick Fiji on September 9, 10 and 11. CIC president Gordon Jenkins said there were many...

S Nagindas opens new outlet in Labasa

Customers packed the newly-opened S Nagindas shop in Labasa this morning. Company general manager Amrit Khatri said the shop was opened in the Babasiga town to serve customers who shopped online. “We have also observed customers travelling from Labasa to do their shopping in Savusavu  so we thought of opening a branch in Labasa,” Mr...

RBF: Sale of numismatic banknotes complements bank income

The Reserve Bank of Fiji (RBF) has generated more than $8million in income through the sale of numismatic banknotes and coins in the past three years alone. The RBF confirmed this while clearing the air on some misinformation and speculation circulated on social media regarding the new non-circulation $0.88 numismatic banknotes that had begun to...

9th August

FINTEL records an operating profit of $3.89m

FINTEL recorded an operating profit of $3.89 million and a profit after tax of $3.31 million in its 2022 financial year, states the annual report of the Amalgamated Telecom Holdings Ltd (ATH Group) for the end of the financial year March 31, 2022. FINTEL is a subsidiary of ATH which owns 100 per cent of...

Report: Growth remains a challenge

Telecom Fiji Pte Ltd recorded a revenue of $85 million and a net profit after tax of $20 million in its 2022 financial year, states the annual report of the Amalgamated Telecom Holdings Ltd (ATH Group) for the end of financial year March 31, 2022. Telecom Fiji Pte Ltd is a subsidiary of ATH, which...

Service provider rakes in $378m

Vodafone Fiji Pte Ltd Group consolidated revenue increased by 15 per cent to approximately $378 million in the 2022 financial year, states the annual report of the Amalgamated Telecom Holdings Ltd (ATH Group) for the end of the financial year March 31, 2022. Vodafone Fiji is a subsidiary of ATH and has reported a net...

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