Business

New outlets open at mall

TWO new outlets opened for business at MHCC yesterday which was dedicated to sportswear and electronics. Courts opened the Lifestyle SportsWorld and Cyber City outlets to the public to engage them with a smarter yet...

Inspired by colours

NAVUA is a town of mixed intricacies. Nestled on the banks of the Navua River, the rural town is marked by its thriving produce market. Villagers from upriver and outer islands such as Beqa travel down to the town to sell their produce. It’s the starting point of a lot of inland river tours as...

Fun park for kids

LAUTOKA City will be the first in the country to open an amusement park for children, Hasmat Investment, located at Saweni along the Queens highway, announced the opening of its $5 million Magic Land Fun Park on December 20. Chief executive officer Hasmat Ali said after 43 years of being in the industry, it was...

21st November

Motion to debate 2018 FDB report passed

A MOTION for Members of Parliament to debate the Fiji Development Bank annual report 2018 was passed in Parliament this morning. Standing Committee on Economic Affairs chairman Vijay Nath said the bank had significantly contributed to the nation’s economic development over the past 50 years. He said a strategic plan was also set out by...

Resort helps in the rescue of three fishermen

TURTLE Island’s commitment to the Fijian people continued to amaze people of Yasawa and the majority in the Western Division. This was depicted recently in the rescue of three fishermen from Tavua by staff members of the five-star resort which sits comfortably on the northern tip of the beautiful Yasawa Island. The rescue was a...

Best on the island

THE exclusive Matamanoa Island Resort is an island getaway that only a few could experience annually. Nestled in the Mamanuca Group, the resort is synonymous for providing an escape for couples and adults looking to enjoy a quiet and relaxing experience. For this very reason, Matamanoa Island Resort was home to a group of about...

$347k bonus

Staff members of Fiji Ports Corporation Ltd (FPCL) and Fiji Shipbuilding and Heavy Industries Ltd (FSHIL) are set to receive a total bonus of $347,983.87. This was announced by the FPCL board of directors chairman, Shaheen Ali in Suva yesterday for 226 staff of FPCL and its subsidiary FSHIL. “This bonus payment is a recognition...

20th November

Fiji marks 10th-year anniversary for Mediation Services Unit

FIJI’S Mediation Services Unit under the Ministry of Employment, Productivity and Industrial Relations will continue to step up its role to take dispute resolution to greater heights. Ministry of Employment, Productivity and Industrial Relations permanent secretary Osea Cawaru made this remark at the 10th anniversary of the establishment of the Mediation Services Unit, as he...

Emirates wants new Boeing jet put through ‘hell on Earth’ in testing

DUBAI (Reuters) – Emirates, the largest customer of Boeing’s <BA.N> upcoming 777x aircraft, wants the plane to be put through “hell on Earth” in testing to ensure it is safe to fly and meets performance expectations, the president of the Gulf airline said on Tuesday. Tim Clark was speaking at the Dubai Airshow after meeting...

Tourism remains Fiji’s economic mainstay

TOURIST arrivals increased by four per cent in the nine months of this year compared to the same period last year. Fiji’s Minister for Industry, Trade and Tourism Premila Kumar highlighted this in parliament today saying that tourism remained the mainstay of the island nation’s economy. “Our earnings from tourism in the first half of...

Fiji Ports staff to receive bonus payment

STAFF members of Fiji Ports Corporation Limited (FPCL) and Fiji Shipbuilding and Heavy Industries Limited (FSHIL) are set to receive a total bonus of $347,983.87. This was announced by the Fiji Ports Corporation Limited board chairman, Shaheen Ali, in Suva today. He said the 226 staff of FPCL and its subsidiary FSHIL would receive the...

FNPF organises member forums

THE Fiji National Provident Fund (FNPF) will conduct annual member forums starting this weekend. These forums aim to update members on key activities, financial performance and future plans of the Fund. The forum begins in Labasa this weekend before it moves to the Western Division next week. The forum sessions will end in Suva in...

U.S. grants Huawei new 90-day licence extension

WASHINGTON (Reuters) – The Trump administration on Monday issued a new 90-day extension allowing U.S. companies to continue doing business with China’s Huawei Technologies Co Ltd [HWT.UL] as U.S. regulators continue crafting rules on telecommunications firms that pose national security risks. After adding Huawei to an economic blacklist in May citing national security concerns, the...

Solar panels for Golden Age Home

THE recent installation of solar panels at Natabua’s Golden Age Home in Lautoka will help reduce operational costs for the senior citizens’ home. The community project was one of Bank South Pacific’s commitments to the Fijian community in its effort to develop and assist the needy. Bank retail manager Ravindra Singh said the theme this...

Commission under spotlight

COMMISSION charged by real estate agents was one of the concerns raised during the Real Estate Agents Act amendments consultations held in Lautoka yesterday. Real Estate Agents Licensing Board chairman Dr Abdul Hassan said under the current Real Estate Agents Act, the charge was not regulated. “As you know when a real estate agent is...

Lawsuit against Boeing seeks to hold board liable for 737 MAX problems

(Reuters) – A shareholder lawsuit filed on Monday accused Boeing Co’s board of doing nothing to investigate the safety of the 737 MAX until the fast-selling plane suffered a second deadly crash in five months. The lawsuit is the latest legal challenge facing Boeing over the 737 MAX crash in Indonesia in October 2018 that...

19th November

Emirates announces $16 billion order for 50 Airbus A350 planes

DUBAI (Reuters) – Dubai state-owned airline Emirates said on Monday it had placed a firm order for 50 Airbus <AIR.PA> A350 jets worth $16 billion at list prices. “Together with the A380, the A350 will give us more capacity and flexibility. We will be able to expand to new markets with these aircraft,” Emirates Chief...

Nissan recalls nearly 400,000 vehicles over braking system defect

(Reuters) – Japan’s Nissan Motor Co Ltd <7201.T> has said it is recalling 394,025 cars in the United States over a braking system defect, causing concerns that a brake fluid leak could potentially lead to a fire. The leak into internal circuit boards will trigger a warning to drivers, which if ignored may lead to...

Fiji ‘open for business’

LOCAL businesses should fight any perception that Fiji is nothing less than fully open for business, says Prime Minister Voreqe Bainimarama. While speaking at the 2019 Prime Minister’s International Business Awards, Mr Bainimarama said current world rankings did not reflect the performance of local businesses. “Government is also taking bold action to uplift the business...

‘$1.4m worth of firecrackers sold’

JUST over $1.44 million worth of firecrackers were sold from January to October this year, according to statistics from the Fiji Revenue and Customs Services. And according to information captured through electronic fiscal device (EFD) sales, the figure marked a 42 per cent decrease when compared to EFD sales recorded for the same period last...

Airline boosts capacity

NATIONAL airline Fiji Airways CEO and managing director Andre Viljoen said the company went through a rigorous process to find a new aircraft that could increase passenger and cargo capacity. While speaking at the official handing over ceremony of the Airbus A350-900 wide bodied aircraft last Friday, he said their current find fitted the bill...

‘No return from sporting bodies’

NO sporting body including rugby union showed a reasonable return as most of them broke even and had a balance expenditure on the money coming in. This was revealed by the chairman of the Fiji National Sports Commission, Peter Mazey, at the Fiji Institute of Accountants symposium in Suva last week. “When looking through sports...

Cruise tourism

The cruise tourism industry has a lot of potential for Fiji to invest and garner more profit to the economy and sector as a whole. With the release of the Cruise Tourism for Economic Growth in Fiji study on November 5, in Suva, a wide range of areas were highlighted which needed focus to capitalise...

18th November

Tax online service training for agents

A NEW tax system will be implemented to make business easy for the Fiji Revenue and Customs Service (FRCS) and tax agents. A statement from the FRCS said tax agents were looking forward to the taxpayer online service (TPOS) portal. This is after tax agents attended a training session conducted by the FRCS in Suva...

16th November

Boeing brings back humans after automation problems on 777 assembly

(Reuters) – Boeing Co <BA.N> has scaled back use of automation to make fuselage sections for its 777 jetliners amid reports of reliability issues and returned to having mechanics do some of the work, the planemaker said on Thursday. The company began to build 777 fuselages in 2015 in an upright orientation, with robots drilling...

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