Business
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Fiji’s Airport Dilemma: Profits and Projects in Limbo
Fiji Airports is facing financial challenges while striving to enhance its infrastructure, particularly at Labasa Airport. Recent efforts have led to the opening of a temporary terminal, yet questions remain about the future of significant upgrades. What does this mean for travel and tourism in the region? Explore the complexities behind these developments and the…
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Fiji’s Labour Law Overhaul: Progress or Punishment?
Concerns are mounting as significant amendments to Fiji’s Employment Relations Act could reshape the future of business and labor dynamics. With potential penalties soaring and the pressure on employers intensifying, the FCEF advocates for reforms that consider the diverse economic landscape. Tune into this ongoing dialogue that could redefine the balance between worker rights and…
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New Leadership for Fiji’s Competition and Consumer Commission: What’s Next?
A new chapter is unfolding for the Fijian Competition and Consumer Commission as Cecil Browne steps in as chairman. With an experienced board backing him, Browne is poised to tackle pressing issues like the cost of living crisis while advocating for consumer rights. What changes lie ahead for Fiji’s marketplace under this new leadership?
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Fiji’s Economic Outlook: Tensions and Opportunities Ahead
Geopolitical tensions and economic challenges loom over Fiji, posing risks to its otherwise resilient economy. With slow growth among key trading partners and rising import prices, the pressure is mounting on crucial sectors like remittances and tourism. However, a thriving tourism industry and promising infrastructure projects hint at a brighter future. Explore how Fiji is…
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Fiji’s Banking Boom: Surplus Funds Fuel Low Lending Rates
Fiji’s banking sector is experiencing an impressive liquidity surplus, paving the way for historically low lending rates. As private sector credit surges and consumer activity thrives, the economic outlook seems optimistic. However, challenges persist in the investment landscape, hinting at a complex financial narrative unfolding in the islands. Discover what these trends mean for Fiji’s…
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Hyperbaric Innovation: A New Wave for Fiji’s Diving Industry
A groundbreaking advancement has arrived for Fiji’s diving industry with the launch of a new Hyperbaric Oxygen Therapy chamber at the Pacific Specialist Healthcare Hospital. This state-of-the-art facility promises to revolutionize emergency care for divers, addressing critical health challenges while highlighting Fiji’s commitment to healthcare innovation. What does this mean for the future of diving…
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BAF Shines Bright with ICSB LightHouse Award Recognition!
Business Assistance Fiji (BAF) has earned the esteemed ICSB LightHouse Award for its dedication to empowering Micro, Small, and Medium Enterprises in Fiji. This recognition highlights BAF’s commitment to fostering innovation and resilience within local communities, especially among marginalized groups like women and youth-led enterprises. Discover how BAF’s initiatives are paving the way for a…
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Navigating Post-Flood Risks: What You Need to Know
Flooding in Fiji brings more than just rising waters; it raises critical concerns about the safety of essential goods. As communities navigate recovery, vigilance against the sale of flood-damaged items is paramount. This article delves into the impact of flooding on food and household goods, the risks of price gouging, and the essential steps consumers…
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New Ambassador Promises Growth in Fiji-Japan Relations
Fiji’s diplomatic ties with Japan are set for a boost with the appointment of Parmesh Chand as the new ambassador. This transition comes as both nations look to strengthen their partnership in crucial sectors like trade and tourism. With a history of collaboration and mutual support, the future appears bright for enhanced cooperation. Discover what…
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Nadi Steps Up: A Safer Future for Tourists and Residents?
Following troubling incidents in Nadi, the local Chamber of Commerce is taking decisive action to enhance safety for residents and visitors alike. With a focus on collaboration with law enforcement, officials are addressing critical security gaps that threaten the community’s standing as a prime tourist destination. Could this be the turning point Nadi needs to…
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Fiji’s First Female Leader Takes Charge of Financial Intelligence Unit
Caroline Pickering is set to make history as the first woman to lead the Fiji Financial Intelligence Unit, beginning January 1, 2025. With over 25 years of experience in the financial sector, her appointment follows the longstanding tenure of her predecessor. As the FIU monitors millions of transactions, Pickering’s leadership promises to bring innovative strategies…
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Fiji’s Airport Dilemma: Profitable Nadi vs. Struggling Labsasa
Fiji Airports is grappling with significant financial hurdles as it strives to upgrade crucial airport infrastructure, especially at Labasa Airport. While Nadi International remains the only profitable hub among its 14 facilities, the recent opening of a temporary terminal at Labasa gives a glimpse of potential progress. However, will this be enough to meet the…
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Fiji’s Economic Outlook: Balancing Challenges and Opportunities
Fiji’s economic landscape is being shaped by a mix of geopolitical tensions and promising developments. While challenges like slowed growth from key trading partners and rising commodity prices loom large, the resilience of the tourism sector and upcoming infrastructure projects offer a glimmer of hope. Explore how these dynamics could influence Fiji’s economic future and…
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Fiji’s Financial Landscape: Surplus Funds and Low Lending Rates
Fiji’s banking sector is experiencing a significant liquidity surplus that is shaping its economic landscape. With lending rates at historic lows and a surge in private sector credit, confidence is building in the consumer market. However, the investment sector faces challenges despite a booming economy. Could this blend of optimism and hurdles pave the way…
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Diving into Recovery: Fiji’s New Hyperbaric Chamber Revolutionizes Safety
Fiji’s diving industry is on the verge of transformation with the launch of a state-of-the-art Hyperbaric Oxygen Therapy chamber in Nadi. This groundbreaking facility aims to provide essential medical support for divers facing emergencies like decompression sickness and arterial gas embolism. As the country’s economy continues to thrive on tourism, especially in the shark-diving sector,…
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BAF Shines Bright: Receives Prestigious ICSB LightHouse Award
Business Assistance Fiji (BAF) has garnered recognition with the prestigious ICSB LightHouse Award, celebrating its unwavering dedication to supporting Micro, Small, and Medium Enterprises in Fiji. This honor not only highlights BAF’s impactful initiatives but also signals a bright future for the local entrepreneurial landscape. Discover how this achievement could reshape the support for small…
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Navigating Flood Aftermath: Essential Tips for Consumers and Traders
Flooding in Fiji is more than just a natural disaster; it brings a host of challenges, particularly around food safety and fair trading. As communities face the aftermath, concerns arise over damaged goods being sold at tempting prices, while price gouging becomes a lurking threat. Could you navigate the post-flood landscape while ensuring your health…
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New Ambassador to Japan Set to Boost Fiji-Japan Relations
Parmesh Chand’s new role as Fiji’s ambassador to Japan brings exciting possibilities for deepening bilateral relations. This transition aims to unlock new avenues in trade, tourism, and education, while continuing a legacy of cooperation nurtured since 1970. With a focus on promoting unique Fijian products in the Japanese market, the future looks bright for strengthened…
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Nadi’s Safety Overhaul: Will It Change the Tourism Game?
Nadi is taking bold steps to enhance safety for both tourists and locals after alarming incidents raised concerns. The Nadi Chamber of Commerce and Industry is rallying to support local law enforcement, aiming to rebuild confidence and foster a welcoming atmosphere. Discover the proactive measures being introduced to transform Nadi into a safer, more attractive…
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Fiji’s Airport Dilemma: Profitable Nadi vs. Struggling Labasa
Fiji’s airport infrastructure is on the brink of transformation, with Nadi International Airport leading the charge. Exciting developments at Labasa Airport, including a new temporary terminal, signal a brighter future for travelers. As ambitious plans unfold for a permanent upgrade, what does this mean for the local tourism and economy? Discover the details of this…
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Diving into Innovation: Fiji’s Hyperbaric Chamber Transformation
Fiji’s diving industry is about to take a leap forward with the launch of a state-of-the-art Hyperbaric Oxygen Therapy chamber. Officially inaugurated by the Deputy Prime Minister, this innovative facility aims to address critical diving emergencies and enhance safety for divers both local and visiting. But that’s not all—this development also holds significant promise for…
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BAF Shines Bright with Prestigious ICSB LightHouse Award
Business Assistance Fiji (BAF) has just received the esteemed LightHouse Award from the International Council for Small Businesses, recognizing its dedication to empowering micro and small enterprises. This accolade not only celebrates BAF’s impactful initiatives but also underscores the essential role of MSMEs in fostering economic resilience. Discover how this milestone could reshape the future…
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Navigating Flood Aftermath: Key Insights for Consumers and Traders
As Fiji faces another challenging flood season, the repercussions extend far beyond immediate safety. From pressing food safety concerns to hidden damages in household items, communities grapple with the ethical dilemmas of trading during crises. Discover the vital steps consumers and traders must take to navigate these turbulent waters and protect public health. Uncover the…
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New Ambassador to Japan: A Catalyst for Stronger Fiji-Japan Relations
Fiji has welcomed a new ambassador to Japan, bringing fresh hopes for strengthening bilateral ties. As Parmesh Chand prepares to take on this pivotal role, key sectors like trade and tourism are poised for potential growth. With a history of cooperation and support from Japan, both countries look toward a promising future filled with opportunities…
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Nadi’s Safety Overhaul: A Wake-Up Call for Tourists and Investors
In light of recent security incidents, the Nadi Chamber of Commerce and Industry is taking decisive action to safeguard residents and tourists. With safety concerns affecting local business investments, leaders are urgently calling for enhanced support from law enforcement. Discover how these initiatives could reshape Nadi’s future as a thriving tourist destination.
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Fiji FIU Makes History with First Female Director
Caroline Pickering has made history as the first woman to lead the Fiji Financial Intelligence Unit, stepping into her new role on January 1, 2025. With over 25 years in the financial sector, her appointment signifies a leap forward not only for gender representation but also for the evolution of Fiji’s regulatory landscape. As the…
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Labasa Airport’s Upgrade: Profitability Challenges and a Race Against Time
Fiji Airports is grappling with financial hurdles as it aims to upgrade its network of airports, with only Nadi International Airport currently turning a profit. While the much-anticipated Labasa Airport project faces delays, a temporary terminal has recently opened, paving the way for future developments. This upgrade, part of an $8 million investment, could transform…
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Geopolitical Tensions Challenge Fiji’s Economic Outlook
Amidst a backdrop of geopolitical tensions and economic hurdles, the Reserve Bank of Fiji offers a mixed outlook for the country’s economy. While easing inflation brings some relief, challenges from slow growth among trading partners and rising import prices loom large. However, buoyancy in the tourism sector and upcoming infrastructure projects may hold the key…
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Fiji’s Surplus Funds: A Boost for Low Lending Rates?
Fiji’s banking sector is in a strong position with a $2.4 billion liquidity surplus, contributing to historic low lending rates. While signs of economic growth emerge, including a surge in private sector credit and consumption, challenges in investment persist with fluctuating building permits and rising costs. As the nation navigates its financial landscape, a cautious…
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Diving Industry Takes a Leap with New Hyperbaric Chamber in Fiji
Fiji’s diving industry is about to dive into a new era of safety and care with the recent opening of a cutting-edge Hyperbaric Oxygen Therapy chamber. This significant development not only aims to protect divers from emergencies but also reflects a commitment to improving healthcare across the nation. Discover how this initiative is set to…