Business
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Neptune Pacific Increases LSR Surcharge to $242 Dry TEU, $363 Reefer TEU for South Pacific Sailings Starting April 1, 2026
A revised low-sulphur recovery surcharge is taking effect for South Pacific sailings from April 1, 2026, as bunker costs rise. The new levy will impact container rates, with different implications for dry and refrigerated cargo. Expect ongoing volatility and potential further adjustments as fuel markets move.
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Port Everglades posts record FY2025 volumes across cargo, energy and cruise, as $3.8B capital plan unfolds
Port Everglades closed its fiscal year with record momentum across cargo, energy and cruise, underscoring its role as a diversified gateway for South Florida and the Caribbean. The milestone is paired with a multi‑billion investment plan to expand capacity, boost resilience and strengthen intermodal connections for the years ahead.
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Fiji Airports records 117% jump in short-term executive pay and 116% rise in directors’ fees for 2024
Remuneration for Fiji Airports’ senior executives and directors surged in 2024, with short-term benefits and fees rising sharply. The annual report, tabled in Parliament, flags benefits that aren’t fully detailed, raising questions about what’s behind the pay jump and its governance implications.
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Fiji Airways Secures FJ$561.4 Million in Government Guarantees to Shore Up Finances
Fiji Airways has a government-backed financial lifeline designed to steady cash flow and ride out a slow travel rebound. The package spans a wide mix of facilities and deferrals, with currency exposures and room to draw more, signaling a cautious path back to stability for the national carrier.
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SCGF lowers Green Cane Incentive rate to 3.5%, saving 797 Fiji cane farmers about $35,865
An initiative aimed at greener cane farming just got a financial boost: a loan-rate cut tied to the Green Cane Incentive could ease costs for hundreds of farmers and support more sustainable harvests. It’s framed as targeted relief that also advances environmental goals.
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Tailevu Holdings pays its first-ever interim dividend of 3c per share, totalling $39,849.54 to Tailevu Province Council and the Tailevu Dairy Farmers Cooperative Association
Tailevu Holdings Pte Ltd marks its first interim dividend, sharing a six‑month performance boost from its property and transport portfolio with Tailevu’s key stakeholders. A 3-cent per share payout totals about $39,850, signaling a new era of direct returns for the province.
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Fiji Airways Deploys BYD Shark 6 Plug-In Hybrids to Cut Ground-Fleet Emissions
Fiji Airways is upgrading its ground operations with BYD Shark 6 plug-in hybrids, aiming to cut fuel use and emissions on the tarmac. A blend of reliability and sustainability, plus on-site training, signals a practical step forward in the airline’s environmental journey.
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Asco Motors Becomes Bronze Sponsor for Fiji’s WIN Convention 2026 to Empower Women
Asco Motors steps up as a Bronze Sponsor for the WIN Convention 2026, backing a bold push to invest in women and transform Fiji’s future. The partnership signals growing private-sector support for women’s leadership, skills development, and new opportunities that could reshape the business landscape.
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Fiji’s Employment Relations Bill Could Triple Employer Liability and Put Fines Under Ministry Control
An upcoming Fiji Employment Relations Bill could drastically change enforcement, potentially turning the Ministry of Employment into a revenue source and exposing employers to multiple penalties for a single breach. A senior lawyer warns the proposal goes beyond international practice by adding civil penalties alongside criminal offences, raising concerns about impartiality. The bill is set…
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Fiji revives Tourism Action Group as tourism accounts for more than 40 per cent of GDP
Tourism now accounts for more than 40% of GDP, and a crisis-focused plan is being rolled out to safeguard the sector’s foreign-exchange lifeline. In the coming weeks, a tighter, coordinated push could reshape Fiji’s path to economic recovery.