Positive impact for FEA

THE Fiji Electricity Authority (FEA) successfully refinanced $US30million ($F55.89m) of the China Development Bank (CDB) loan with Westpac Banking Corporation (WBC) in March last year. And according to FEA, this was at a lower interest rate resulting in interest savings of about $2m per annum and contributing towards its profitability last year. What this means, […]

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