Business

PM Bainimarama officiates at Nausori Airport’s $60m upgrade

THE Nausori Airport groundbreaking ceremony for its runway extension was held today, officiated by Fiji’s Prime Minister Voreqe Bainimarama. The value of the upgrades has an estimated value of $60million. Mr Bainimarama said the extension...

Ministry helps islanders engage businesses

IN its efforts to help those in the maritime and outer islands, the Ministry of Fisheries is finding it difficult to engage businesses that can collect and buy products from villagers. Not one to offer lip service, the ministry is going out of its way to assist villagers in the maritime and outer islands find...

ANZ gives to Fijian charity Live & Learn

WOMEN in Drawa communities in rural Vanua Levu will benefit from an ANZ gift of $A10,000 ($F15,300) to Fijian charity Live & Learn. ANZ raised the funds through its “Five to Thrive” leadership challenge where staff members across ANZ globally were invited to commit to five leadership behaviours as daily habits. With every challenge completed,...

Coke eyes cannabis-infused drink market

(Reuters) – Coca-Cola Co is closely watching the fast-growing marijuana drinks market for a possible entry that would expand the world’s largest soft drink maker’s ambitions further away from sugary sodas. Coca-Cola announced its interest in a statement on Monday, responding to a report from BNN Bloomberg that said it was in talks with Canada’s...

ADB approves plan to expand presence in Pacific

THE Asian Development Bank (ADB) is expanding its presence in 11 Pacific island countries to enhance the impact of its growing program of assistance in the subregion. According to a statement from ADB, the expansion, will involve the conversion of four extended missions in Samoa, Solomon Islands, Tonga, and Vanuatu into country offices, and the...

Fisheries stakeholders to easily access industry information

STAKEHOLDERS involved in the fisheries sector will now have an easy means of accessing information about the industry. This after the Ministry of Fisheries launched its official website at the Holiday Inn in Suva today. Fiji’s acting permanent secretary for the Ministry of Fisheries, Naipote Katonitabua, said the power of information technology for fisheries lay...

UK economy will shrink without Brexit deal, IMF warns

LONDON (Reuters) – Britain’s economy will shrink if it leaves the European Union without a Brexit deal and it will suffer some damage whatever terms it agrees, the International Monetary Fund said on Monday, challenging the promises of some Brexit supporters. The Fund predicted Britain’s economy would grow by about 1.5 percent a year in...

World Bank to enhance climate resilience of Samoa’s road network

WASHINGTON, 18 SEPTEMBER 2018 (WORLD BANK) – The World Bank’s Board of Executive Directors has approved a US$35.75 million grant to improve the climate resilience of Samoa’s road network, and facilitate a rapid response in the event of a natural disaster. Thousands of residents on Samoa’s two main islands, Upolu and Savai’i, will benefit directly...

Construction council names new CEO

THE Construction Industry Council has named Vijay Naidu as its new chief executive officer. Mr Naidu is the first CEO for the council that was previously run by committee, chaired by its president Gordon Jenkins. A statement from the council stated that Mr Naidu had extensive experience in the construction industry, including general manager –...

NFU surveys highlight crop loss

ACCORDING to surveys carried out by the National Farmers Union, Labasa’s sugar crop has already been reduced from the forecast of 750,000 tonnes at the beginning of the season to 600,000 tonnes because of the drought. Union president Surendra Lal said they were expecting the forecast to be further reduced. “However, our main worry is...

Ba growers to rake in $12.75million

MORE than 150 sugarcane growers in Ba could rake in a total of $12.75 million in the next two years, thanks to a cooperative arrangement established by Australian agriculture expert Brendan Davies. Mr Davies said his company, FarmWorld-Fiji, had been overwhelmed with the response from farmers, especially from landowners who had left cane farming because...

Fijian delegation in Korea to scope aged care policies, programs

A FIJIAN Government delegation is in Korea this week to explore opportunities and see how services for the aged are designed, implemented and monitored for sustainability. With more older persons expected to be living in the country come 2025, Government through the Ministry of Women, Children and Poverty Alleviation has committed to achieving its mandate...

Bank strengthens support towards financial inclusion

ONE of Fiji’s leading banks has strengthened its commitment towards financial inclusion by strengthening its partnership with a local charity. ANZ Bank has announced that it has committed $15,269.51 (AU$10,000) to Fijian charity Live & Learn that will go towards women in Drawa communities in rural Vanua Levu. According to Live & Learn country manager...

Farmers feel brunt of drought, claims of reduced harvest

ACCORDING to surveys carried out by the National Farmers Union, Labasa’s sugar crop has already been reduced from the forecast of 750,000 tonnes at the beginning of the season to 600,000 tonnes because of the drought. Union president Surendra Lal said they were expecting the forecast to be further reduced. “However, our main worry is...

New for villagers

TWELVE years of service as an accountant at the prominent supermarket Food 4 Less has finally paid off for 34-year-old Sunil Chand Varma who just opened his new supermarket at Navuso, Nausori last week. The former USP graduate and former employee of Food 4 Less shared to this newspaper how he took up his first...

Investment Fiji records strong investor confidence

ABOUT $292,500 in foreign investment registration certification (FIRC) fees were collected by the Investment Fiji from January to April this year. According to Investment Fiji chief executive officer Godo Mueller- Teut, a total of 117 FIRC applications were received during this period. This slightly lower that what the investment arm received in the same period...

Air Niugini, Qantas code-sharing revoked

PORT MOTRESBY,13 SEPTEMBER 2018 (POST COURIER) – The Independent Consumer and Competition Commission has informed stakeholders and the general public that it revoked authorisation determinations A2015/18 and A2016/24 for code-share arrangements between Air Niugini and Qantas. This revocation is based on the decision of Air Niugini and Qantas to cease the code-share services between various...

‘Power and pearls’

BORN and cultured in the pristine waters of Savusavu, the J Hunter Pearls have been getting their fair recognition across the globe being worn by women of power. Female Hollywood songstress and movie A-listers such as Scarlett Johansson, Katharine Graham, Zendaya and Katherine Heigl former American first lady Michelle Obama, talkshow host Oprah Winfrey and...

Water level reach ‘critical’ status

ABOUT 40 per cent or 18 out of the 45 water sources in the country are at “critical” status. Water Authority of Fiji (WAF) general manager customer services Sekove Uluinayau highlighted this during a stakeholder consultation in Nadi yesterday. The North is the worst hit division, with nine of its 14 water sources at critical...

Fiji, China seal pact for new health and wellness centre

A NEW agreement between the Fijian and Chinese governments was formalised yesterday that will see the construction of a health and wellness centre at the State House compound in Suva. The agreement in the form of a memorandum of understanding was signed by the Official Secretary to the President Pene Baleinabuli and the Director-General Guangzhou...

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