Business
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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.
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Fiji activates Emergency Fuels Act and forms Emergency Fuel Advisory Committee to secure the fuel supply
Fiji has activated new measures to bolster fuel security amid global supply uncertainties. Cabinet approved the Emergency Fuels Act and the formation of an Emergency Fuel Advisory Committee to monitor stocks, shipments, and contingency steps. Pricing remains under FCCC oversight, with officials signaling regular updates as the situation evolves.
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Fiji reactivates Tourism Action Group to coordinate industry response amid Middle East crisis
Fiji’s Tourism Action Group is back, pulling hoteliers, airlines and government together to steer the industry through a brewing global risk. The revived TAG aims for a single, proactive response and clearer messaging to keep visitor confidence and the economy on track.