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Written By : KELERA SERELINI. Close to $300million worth of investments is expected to pour in after eight Chinese companies expressed interest to invest in varieties of projects in the country. The projects include; l Low-cost housing project to cost $40-50million. l Low-cost building materials $2m. l Ethanol projects to cost $40m. l Waste electricity [...]

Written By : KELERA SERELINI. The trading floor showed some signs of recuperation this week after witnessing low levels of trading over the past two weeks, the South Pacific Stock Exchange indicated yesterday. SPSE chief executive officer Jinita Prasad said total volume of shares being executed on the trading floor stood at 16,115 yielding in [...]

Written By : KELERA SERELINI. Farmers will be able to sell their copra to Copra Millers Fiji Limited by next week. This was conformed by the company’s board and management. Resumption of the company operation was made possible by the CMFL had suspended the purchasing of copra for commercial reason. According to the company, it [...]

Written By : KELERA SERELINI. A timeshare conference scheduled to be held in the country is expected to boost timeshare confidence in Fiji. In a statement Fiji Timeshare Association chairman Jim Sherlock said he was elated that the third ever South Pacific Timeshare Conference will be held here. He said this was a real boost [...]

Written By : KELERA SERELNI. Among small developing island nation, Fiji was ranked 4th in the World Bank Survey which measures the ease in doing business. Tonga was ranked 6th while Samoa at 10th place. On the broader survey of 178 nations, Fiji came in 36th. The rankings are from the bank’s Doing Business 2009 [...]

Written By : Sun Biz. Plans are underway for the Fiji Trade and Investment Bureau to promote the Information Communication and Telecommunication sector in the country. FTIB board chairman Frances Narayan said Fiji had potentials to be the driving market in ICT. Some of the potentials he noted were that Fiji had the world-class international [...]

Written By : Sun Biz . Shareholders of Amalgamated telecom Holdings Limited should expect a final dividend pay out of $21,105million. The payment was in accordance with a declaration by the shareholders at its 10th Annual General Meeting. Shareholders should expect to receive their share of the final dividend from today. Fiji National Provident Fund [...]

Written By : Sun Biz. Alan Joyce will have a lot more than oil prices and a dented safety record to worry about when he becomes Qantas’s chief executive in November. Two years after Qantas hosed down a Macquarie Research report that estimated the worth of the airline’s fleet on its books was $3billion more [...]

Written By : KELERA SERELINI. Approximately $30,000 was spent by the Agro Marketing Authority of Fiji to provide ginger farming materials to farmers. The cultivation of these farming materials would enable the authority to achieve its yearly ginger quota. AMA sells its ginger to Frespac Finger Fiji Limited and had since failed to do this [...]

Written By : Sun Biz. DHL which is also a leading courier service company in Fiji has completed its US$110million Central Asia Hub (CAH) expansion. With a total investment of US$210 million, the facility was the first large-scale automated Express hub in Asia Pacific and significantly boosts DHL’s operational capability in Asia. Situated at the [...]