Fiji Time: 3:50 PM on Tuesday 21 October

Fiji Times Logo

/ Front page / Business

SPSE targets visibility

Geraldine Panapasa
Friday, January 11, 2013

THE South Pacific Stock Exchange will continue to work closely with the Fiji Revenue and Customs Authority to ensure issues relating to capital market investments are in order.

In the SPSE stock market report 2012, chief executive officer Jinita Prasad said clarifying those issues would allow the exchange to better inform investors and shareholders on potential tax implications.

"The exchange will continue to enhance its visibility at the international level with a view to attract more foreign investor interests in our market together with its continued effort in scaling to new heights by developing an investment culture in Fiji," she said.

"SPSE has focussed essentially on listing of shares, convertible notes and bonds. Going forward, the exchange envisages listing of depository receipts for which SPSE and the relevant counterparts are in the process of carrying out feasibility studies and formulating the necessary regulatory frameworks."

Meanwhile, Ms Prasad said the overall total market return of the entire stock market last year averaged 6.53 per cent compared to an average total market return of 8.75 per cent in 2011.





Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Today's Most Read Stories

  1. Public access
  2. Inside Fiji sevens
  3. Forgery suspect still in remand
  4. Accused on the run
  5. Fiji beats Lebanon, players ready to face Murri at home
  6. The murder of the Alankar jeweller
  7. 'Get to know your breasts'
  8. TB cases expected to increase
  9. Marks scaling review
  10. Reflect and re-examine

Top Stories this Week

  1. False rumours warning Friday (17 Oct)
  2. Unknown Tuwai stands out in Gold Coast tournament Wednesday (15 Oct)
  3. Death shocks family Monday (20 Oct)
  4. Fiji removes all doubts Wednesday (15 Oct)
  5. Biman gets nod Saturday (18 Oct)
  6. Detailed report Friday (17 Oct)
  7. Law and order Thursday (16 Oct)
  8. THE NEW PRICES Wednesday (15 Oct)
  9. Praises for Fiji sevens team after win in Australia Thursday (16 Oct)
  10. 8-room home gutted Friday (17 Oct)