Business

16th August

Kumar: Hard to monitor slum lords

THE absence of a register of legal landlords is creating a complex situation in regards to slum lords and informal settlements. The Minister for Industry, Trade, Tourism, Local Government, Housing and Community Development, Premila Kumar,...

Farmers benefit from contracts set up by council

FARMERS are receiving more money for crops such as dalo, cocoa and ginger through contracts set up by the Fiji Crop and Livestock Council (FCLC). According to FCLC chairman Simon Cole, the heads of commodity associations reported increased prices for these crops and opening of more potential markets. “The ginger price has gone up by...

Time to call it a day

THE Suva Flea Market has been like a second home to a number of small and medium enterprises over the years, with some of them operating their stalls since 1995. Mohammed Nawaz, 60, has operated his business from the Suva Flea Market since 1995 and is now ready to retire, kick back and take it...

15th August

Company raises $14.9m to list on the stock market

THE newest entity to list on the stock market successfully raised $14.9 million through its initial public offering (IPO) subsequent to which it yesterday listed 40million ordinary shares on the South Pacific Stock Exchange’s (SPX) main board at a listing price of $1.31. Port Denarau Marina Ltd (PDM) managing director Nigel Skeggs said the future...

14th August

Port Denarau listed on South Pacific Stock Exchange

PORT Denarau Marina Ltd (PDM) today becomes the first company from the tourism industry to list on the South Pacific Stock Exchange (SPX). SPX chairperson Dr Nur Bano Ali said with PDM being the newest listed entity, SPX would now encompass a total of 21 entities representing 11 sectors of the economy. “The total market...

Manufacturer switches to easily recyclable PET bottles

IT was a double celebration at the My Suva Picnic Park as Mission Pacifi c’s bottle buy–back scheme celebrated 20 years of recycling in Fiji while Coca-Cola Amatil Fiji (CCAF) launched its clear, recyclable Sprite bottle. The launch of the new easily recyclable and clear bottles is the first in the Pacific and is in...

Committee meets, reform on agenda

THE Fiji Revenue and Customs Service (FRCS) Business Reform Committee held its first meeting in Suva on Monday. The committee will transform the processes and services delivered by FRCS to the public as well as support transparency, improve efficiency and encourage a more customer-oriented level of service, according to a press release issued yesterday by...

13th August

FRCS Business Reform Committee holds first meeting

THE Fiji Revenue and Customs Service (FRCS) Business Reform Committee held its first meeting today. The committee was first announced by the Attorney-General and Minister for Economy Aiyaz Sayed-Khaiyum in the 2019-2020 National Budget address. Committee members comprised high powered delegates of Fijian CEOs, entrepreneurs, and executives who are tasked to improve various processes of...

Vehicles confiscated for illegal modifications

THE Land Transport Authority has advised vehicles owners to seek prior approval from the authority before carrying out any vehicle modifications from manufacturers of original specifications. In a statement, LTA chief executive officer Samuel Simpson said a number of vehicles were confiscated on August 11 and taken to the LTA headquarters in Valelevu, Nasinu. He...

12th August

Digicel Fiji users will not pay data levy

DIGICEL users in Fiji will not have to pay the 10 cents levy that was announced following the passing of the Telecommunications Amendment Bill in Parliament last Thursday. Digicel Fiji CEO Mike Greig said there had been a realignment of levies with the voice levy being removed. “It is very important going forward that we...

‘Farmers increasing pesticides dosage’

THE risk to humans from pesticides used on vegetables grown in the Sigatoka Valley is the focus of a study being conducted by the Pacific Community (SPC)’s Land Resources Division. SPC’s Land Resources Division pest and disease management adviser Fereti Atumurinava made the revelation during a panel discussion on organic and regenerative agriculture held at...

E-Edition