Suva, Fiji
Temp: 79 °F / 26.1 °C
Wind: 8.0 KMH
Overcast
FIJI BUSINESS NEWS ....................
Steel prices in Fiji have increased by up to eight percent following the Commerce Commission’s approval of a submission by Fletcher Pacific Steel. ... more
The Australia and New Zealand Banking Corporation has announced a raft of cyclone-relief measures for its customers apart from a $50,000 donation to the Fiji Red Cross Society. ... more
The Bank of South Pacific in Fiji has assured customers of the former Colonial Bank of Fiji that there will be no operational changes following BSP’s takeover of Colonial. ... more
Customers of the Bank of South Pacific (BSP) in Fiji will be able to enjoy SMS banking in Fiji in a month or two. ... more
Commercial banks and credit companies operating in Fiji have been told that people heading their Fiji operations should be “cultural sensitive” and prepared to assist in developing the nation. ... more
Consumer complaints against commercial banks and financial institutions in Fiji are on the increase as customers are left in the dark about “hidden” fees and charges on their accounts. ... more
The South Pacific Stock Exchange board has elected Mesake Nawari its new Chairman. ... more
The Fiji National Provident Fund and government will receive a total of more than $11 million at the end of the month when dividends from shares held with Amalgamated Telecom Holdings Limited will be disbursed. ... more
Fiji’s recovery may be slower than those of its Pacific neighbours but there are signs that it is picking up, said ANZ’s chief economist Asia Paul Gruenwald. ... more
The construction of the new US Embassy complex in Tamavua is estimated to inject an economic impact exceeding $50mln to the local economy, says complex project director Tracy Thomas. ... more
Fiji supermarket chain RB Patel Group Ltd this month announced a F$45 million income turnover for the six months to December 2009. ... more
Toyota Tsusho (South Sea) Ltd, trading as Asco Motors in Fiji, has declared a dividend payout of over $982,254 and closed its share registry this week. ... more
A new Fiji body set up to spearhead the government’s microfinance campaign wants 150,000 people in Fiji to have access to banking services by 2014. ... more
Digicel Fiji today announced a slash in call rates to 5 cents every 30 seconds on its pre-paid business, getting attention from rivals Vodafone. ... more
Fijian Holdings Limited (FHL) announced Monday it has purchased shares in Fijian Property Trust (FPT) Company Limited belonging to the Fijian Affairs Board, making FPT its fully-owned subsidiary in the process. ... more
SELECTED AUSTRALIAN SHARES MARKET LIST AS 2010-Mar-21
SECURITIES
LAST SALE ($)
MOVEMENT ($)
AIR NEW ZEALAND
28.29
1985304
ANZ
27.06
1029496
BURNS PHILIP
1.09
5574686
COMMONWEALTH BANK
46.02
623941
EMPEROR
0.34
2855
FOSTERS
6.28
2140499
QANTAS
3.87
4641923
WESTPAC
22.94
1493295

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LOCAL
Cyclone Tomas’ damage ‘to be determined’The cost of damage caused by Cyclone Tomas particularly in the northern and eastern divisions will be determined by mid next week, the National Disaster Management office has confirmed.
SPORTS
Tani disappointed with Adelaide 7s outingFiji 7s coach Iliesa Tanivula is disappointed with the team's performance in Adelaide 7s during the weekend and says the players have only themselves to blame for the dismal outing.
WORLD
95,000 Mohammed descendants set to sueNearly 95,000 descendants of Mohammed are going to sue 10 newspapers for publishing "blasphemous" cartoons of the prophet.
ENTERTAINMENT
Playmate's heirs left pennilessA US federal appeals court ruled Friday that Anna Nicole Smith's heirs will not receive a penny of the more than 300 million dollars she claimed to her billionaire husband's inheritance.
OFFBEAT
Chilean sailor returns cashA Chilean sailor returned four million pesos (7,600 dollars) in cash he found inside an open safe amid the rubble of a house destroyed by last month's devastating quake and tsunami, local media reported Friday.
FIJIAN
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