Business

7th December

Trecesson works to strengthen relations

A meeting between the Ministry of Foreign Affairs and Permanent Representative of France to the Pacific Community and the Pacific Regional Environment Program, Ambassador Marine de Carné de Trécesson has yielded a possible opportunity for...

Loans, mortgage top complaint list – RBF

Loans and mortgage issues constituted the largest part of all complaints received by the Reserve Bank of Fiji (RBF) in the quarter ending September 2022. According to RBF’s quarterly report, a total of 11 complaints were assessed in quarter three this year. Of this, nine were new complaints and two were complaints carried forward from...

Banking complaints increase by 12.1pc

Over the quarter ending September 2022, more than 97 per cent of complaints made to large financial institutions (LFIs) were resolved within the expected time frame. This is according to an industry report published by the Reserve Bank of Fiji (RBF) this week. According to the report, a total of 1114 complaints were received by...

Best resort for families

The prestigious Malolo Island Resort has scooped the Best Fiji Island Resort for families. This latest accolade was announced by Australia’s renowned family travel magazine, Out & About with Kids, (OAWK) via its annual Readers Choice Awards 2022. The award-winning property located in the Mamanuca Group noted in its most recent statement that more than...

Wish to normalise gender-blind hiring philosophy

Recently awarded the title of Champion of Women in Business, Digicel Fiji CEO Farid Mohammed spoke of his desire to normalise a gender-blind hiring policy as a means to achieve an equal-opportunity work environment. His philosophy on the matter supported by the Women in Business (WIB) network who awarded him the title, he expressed this...

Opportunity for an island buyout

Booking out an entire private island resort is now possible with a new initiative by Wakaya Club & Spa. The extravagant package allows for up to 32 guests to occupy the property’s 10 high-end bures and 2 private villas. The newest addition to the property, the Sega Na Leqa villa may be the most luxurious...

Labour market remains upbeat

The labour market continues to improve with the formal sector employment in September returning to 94.1 per cent of the same period in 2019. In its November economic review the Reserve Bank of Fiji cumulative to October, the number of jobs advertised expanded by 164.3 per cent to 10,651 vacancies. According to the Reserve Bank...

6th December

Domestic economic activity remains resilient against global shocks

The Reserve Bank of Fiji’s latest economic review shows that domestic economic activity continues to be resilient against global headwinds supported by the impressive performance in the tourism industry and other service related sectors. According to the RBF in the year to October, visitor arrivals totalled 497,086, reaching 66.1 per cent of the comparable period...

Great opportunity: Partnership opens doors for new customer base

A partnership between local business House of Mausio and Papua New Guinea-based Lavagirl has opened up new doors for a new customer base for both businesses. House of Mausio owner and fashion designer Michael Mausio and PNG’s Lavagirl, Annette Sete, have established sales arrangements between their shops in Suva and Port Moresby. Mr Mausio said...

5th December

Partnership to deliver increased global acceptance

The BSP Financial Group Ltd’s (BSP) advancement of its partnership with Discover® Global Network has essentially opened access for more than 280 million DGN cardholders worldwide to conveniently transact on any BSP ATMs or EFTPoS terminal within Fiji. In a media release BSP Fiji country manager Haroon Ali said their advanced partnership with DGN would...

$19.8m departure tax collection

As the tourism sector celebrated the first anniversary of the re-opening of the international border, the tax authority said it collected $19.8 million in departure tax for the four months into the 2022-2023 fiscal year. Fiji Revenue and Customs Service chief executive Mark Dixon said departure collection for the same period last year stood at...

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