Business
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Fiji’s New Budget: A Path to Economic Resilience and Growth?
Discover the key insights from the Fiji Commerce and Employers Federation’s recent post-budget event, where business leaders and government officials explored the ambitious goals of the 2025-2026 National Budget. Stay tuned for a glimpse into how this budget aims to transform Fiji’s economic landscape and foster sustainable growth, all while emphasizing community engagement and fiscal…
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Fiji’s Household Spending Soars But Investment Faces Hurdles
Fiji’s economic landscape is showing a vibrant surge in household consumption, spurred by rising wages and robust remittances. However, the pace of business investment tells a different story, lagging behind due to regulatory hurdles and costs. As more funds flow into consumer spending, the challenge remains: can Fiji achieve a balanced economic recovery? Explore the…
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Tower Insurance Partners with Sedgwick to Revolutionize Claims Process
TOWER Insurance has entered a strategic partnership with Sedgwick, enhancing claims assessments during severe weather events. This alliance aims to streamline the claims process, ensuring quicker responses for Tower’s customers in both New Zealand and the Pacific. Discover how this collaboration is set to transform customer service during crises and read about Tower’s additional community…
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Kontiki Finance Expands to Samoa: A New Era for Pacific Financial Services
Kontiki Finance Ltd has taken a bold step by opening a new office in Apia, Samoa, aiming to transform financial services in the Pacific. With a focus on empowering small and medium enterprises, this expansion signifies a commitment to financial inclusion and sustainable growth. As KFL embraces innovation and advanced technology, its vision for the…
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Fiji’s Digital Revolution: $3 Billion in Mobile Wallet Transactions Unveiled
Fiji is witnessing a financial revolution, with digital transactions through mobile wallets soaring to an astonishing $3 billion last year. This surge, spurred by significant advancements in the national payment system, is reshaping the landscape of financial interactions across the nation. Dive into the details of this transformation and discover how these trends are paving…
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Fiji Water’s Bold Farming Initiative: A Game Changer for Agriculture!
A groundbreaking initiative is on the horizon for Fiji, as The Wonderful Company gears up to launch an 80-acre commercial farming pilot project in Vanua Levu. This venture aims to diversify Fiji’s agricultural offerings and could reshape the local economy. With a focus on cultivating popular crops and sharing agricultural knowledge, this project promises to…
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Fiji’s Digital Revolution: A Game Changer for Businesses!
Fiji stands on the brink of a digital revolution, with officials emphasizing the urgent need for transformation in the economy. As the internet penetrates over 85% of the population, the projections for growth in the digital sector are staggering. However, challenges remain for local businesses, particularly MSMEs, as outdated bureaucratic processes hinder progress. Discover how…
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Fiji’s Cement Supply Chain: Resilience Amidst Challenges
Fijian Holdings Limited’s subsidiary, Pacific Cement Pte Limited, is navigating through operational hurdles following a recent mill shutdown. As they work towards repairs, the outlook remains optimistic for the construction sector. Discover how local suppliers are coming together to ensure stability and meet market demands amidst these challenges. Will this collaborative effort pave the way…
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Fiji’s Financial Lifeline: The Surge in Remittances and Tourism Revenue
Fiji’s economy is experiencing a dynamic shift as remittance inflows soar, reaching impressive figures that highlight a growing trend in digital financial transactions for families both abroad and at home. Meanwhile, outward remittances are also on the rise, serving as a lifeline for many households. As the nation grapples with a widening trade deficit and…
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Fiji Welcomes Amrut Indian Whisky: A New Era for Speakeasies
A new chapter for whisky enthusiasts in Fiji unfolds with the introduction of Amrut Indian Whisky at the island’s first speakeasy bar, Cellar & Barrel. This exciting partnership promises to elevate the local beverage scene, as exclusive events and expert training transform the experience for both staff and guests. Will this innovative spirit redefine Fiji’s…
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Fiji’s Digital Dilemma: Are Schools Ready for the Tech Age?
Fiji’s public schools are facing a significant challenge in equipping students with essential digital literacy skills, leaving many vulnerable to misinformation. Amidst this concern, a fashion designer and educator is pioneering initiatives to bridge the gap in digital education. Discover how new curriculums and collaborations aim to empower the next generation while tackling prevalent myths…
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Al-Hamd Smart Living Expands Horizons with Refurbished Tavua Store Reopening
Al-Hamd Smart Living is making waves with the grand reopening of its revamped outlet in Tavua. This strategic move not only strengthens its commitment to customer satisfaction but also sets the stage for exciting expansions across Fiji. With plans to diversify and a vision for a presence in every town, the community’s enthusiasm suggests this…
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New India Assurance Hits Over $60 Million Mark in Historic Year!
New India Assurance Company Ltd has reached a remarkable milestone, with gross written premiums exceeding $60 million in its 2024 financial year. This achievement, announced during the celebration of the company’s 75 years in Fiji, showcases a 9% growth from the previous year. As the largest general insurer in India by assets, New India’s commitment…
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Legislative Tug-of-War: Balancing Worker Safety and Employer Protections in Fiji
In a recent session with the Standing Committee on Economic Affairs, the general manager of the Shangri La Yanuca Island Fiji Resort posed a critical question about the proposed Work Care and Accident Compensation Bills. His inquiries about employer protection ignited a debate on the delicate balance necessary in labor legislation. As discussions unfold, a…
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Fiji’s Bold Move: Empowering Local Entrepreneurs Through New Funding Act
Fiji is making waves in the business landscape with the launch of the Implementation Taskforce for the Access to Business Funding Act. Co-chaired by a key trade official, this initiative aims to empower micro, small, and medium enterprises (MSMEs) by tackling financial challenges head-on. As the taskforce kicks off its work, new funding avenues and…
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Fiji’s Budget Promises Stability Amid Economic Uncertainty
Fiji’s Finance Minister has reassured citizens that the upcoming National Budget will feature no unexpected tax changes, focusing instead on compliance and collaboration. With the budget presentation on June 27, the government aims to address rising living costs while fostering growth in key sectors. As discussions unfold, optimism grows for a stable economic future, emphasizing…
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Fiji’s Budget Boost: A Strategic Move Amid Global Trade Tensions
Fiji’s upcoming budget for 2025-2026 aims to tackle global economic challenges with a strategic increase in spending. As concerns rise over the trade war’s impact on tourism and remittances, Deputy Prime Minister Biman Prasad outlines plans to prioritize social welfare, support for farmers, and infrastructure development. With no new taxes on the horizon, the government…
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Ownership Shakeup: Major Stake Sale at Port Denarau Marina!
Major changes are on the horizon for Port Denarau Marina Limited as Skeggs Group plans to sell its significant stake to Fijian Holdings Limited. With this potential shift in ownership, both companies are eyeing a future that promises growth and stability in the marina and tourism sectors. What does this mean for the marina’s operations…
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New Leadership, New Horizons: Crowne Plaza Fiji Welcomes Sudhir Yadav
A new chapter unfolds at Crowne Plaza Fiji Nadi Bay Resort & Spa with Sudhir Yadav stepping in as general manager. With over 17 years in hospitality and a focus on enhancing guest experiences, Yadav’s leadership promises exciting changes ahead. As the resort celebrates its recent accolades, anticipation builds for what this seasoned hotelier will…
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New Commercial Complex Set to Transform Suva’s Skyline
Exciting developments are on the horizon for central Suva as a significant commercial project is set to commence, following a pivotal agreement between the Unit Trust of Fiji and the Archdiocese of Suva. With a vision to redefine the city’s skyline, this initiative promises to integrate modern architecture and sustainable practices while serving the community’s…
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Fiji’s Ambitious $386 Million Plan for Sustainable Water and Ocean Health
Fiji is on the brink of a significant financial partnership aimed at transforming its water supply and environmental resilience. With a proposed $386.3 million investment from the Asian Development Bank, the Healthy Oceans and Water Supply Improvement Project (HOWSIP) promises to address critical infrastructure needs while promoting sustainability. Discover how this initiative could reshape Fiji’s…
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Empowering Futures: Fiji’s Bold Leap into Economic Development
A new multimillion-dollar commercial development is underway in Korovou Town, signaling a transformative partnership aimed at empowering iTaukei landowners. With ambitious goals for economic growth and community engagement, this initiative represents a significant leap towards indigenous participation in Fiji’s commercial sector. Discover how this venture could reshape the future for local resources and businesses.
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Fiji’s Bold Move: Vanua Levu Set to Be the Next Economic Powerhouse!
Fiji is setting its sights on Vanua Levu as a pivotal hub for economic growth over the next two decades. With the government encouraging investment in promising sectors like agriculture, fisheries, and emerging industries, the region is poised for transformation. Discover the ambitious plans and opportunities that could reshape the future of Fiji’s economy.
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Fiji’s Digital Landscape Faces Growing Scam Risks: Are You Protected?
In an era of expanding digital commerce, Fijian businesses are facing a rising threat from scams and fraudulent schemes. Authorities are raising awareness about the importance of vigilance and digital literacy to protect against these dangers. With promising advancements in the digital landscape, how can businesses safeguard themselves and foster trust in this evolving market?…
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Fiji Faces Rising Powdered Milk Prices: What You Need to Know!
Fiji is bracing for a notable hike in powdered milk prices, with costs potentially surpassing $6 for a 400g packet. Factors such as rising dairy raw material expenses from New Zealand and increasing global demand are driving this trend. As the local market feels the impact of these changes, consumers may need to rethink their…
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Fijian Holdings Set to Boost Marina Stake: What’s Next?
Fijian Holdings Limited is poised to significantly bolster its influence in the tourism sector with a planned acquisition of a 23.5% stake in Port Denarau Marina Limited. This move, pending regulatory approvals, could shift FHL’s ownership to a controlling interest. Dive into the details of this strategic expansion and its implications for both companies as…
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Fiji’s Minimum Wage Stays Stable: What’s Next for Workers and Employers?
In a recent announcement, Fiji’s Deputy Prime Minister revealed that the national minimum wage will remain unchanged for the near future. This decision comes amid rising concerns about the cost of living and calls for a living wage. As discussions about wages and productivity continue, the interplay between worker welfare and business viability takes center…
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Fiji’s Investment Boom: Is Vanua Levu the Next Economic Frontier?
Fiji is experiencing an impressive surge in investment confidence, with a staggering $5.8 billion in projects on the horizon. Deputy Prime Minister Biman Prasad underscores the government’s effective fiscal policies and the strategic growth opportunities awaiting in Vanua Levu. With whispers of impending economic transformation and a focus on innovation, the future looks bright for…
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Fiji’s Push to Exit EU Tax Blacklist: A Game Changer for Exporters?
Fiji is taking significant steps to remove itself from the EU’s tax blacklist, as announced by Deputy Prime Minister Biman Prasad. At a recent event, he underscored the challenges the government faces with the Export Income Deduction scheme, which has been flagged by the EU. With the promise of maintaining support for exporters, the government…
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Fiji Opens Doors for Diaspora Investment: A Homecoming Opportunity
The Fijian government is taking bold steps to attract former citizens and diaspora investors back to Fiji. With significant legal reforms and incentives, the initiative promises to make it easier for Fijians overseas to re-establish ties and contribute to their homeland’s economy. Exciting changes, including drastic cuts in citizenship fees and streamlined processes for returning…