Suva, Fiji
Temp: 79 °F / 26.1 °C
Wind: 19.3 KMH
Scattered Clouds
FIJI BUSINESS NEWS ....................
Fiji will never suffer from starvation and is in a position to beat the fallout of the global financial crisis and even capitalize on it, an academic said in a public lecture in Suva. ... more
An eco-friendly theme based model company project is still on the cards for Pleass Beverages & Packaging Ltd (PBP), although the publicly-listed company has denied media reports of plans to build a zoo in Fiji. ... more
An $110,000 a year job awaits a candidate suitable to head the Suva-based Pacific Islands Private Sector Organisation, which it said will be its first chief executive officer since its inception in 2005. ... more
Fiji’s Capital Markets Development Authority has been dissolved through the Capital Markets Decree 2009 approved by Cabinet last week. ... more
New technology, especially the use of Short Message Service or SMS, will feature prominently on the agenda of the Bank of South Pacific, the newest player among commercial banks in Fijj. ... more
Outgoing oil operator BP South West Pacific Ltd said it is expecting no hiccups in its second attempt to sell off its Pacific business. ... more
Responses have begun to trickle in from interested stakeholders to the Prices and Incomes Board regarding its intent to extend its regulatory powers ... more
The World Bank expects to play a supportive advisory role in Fiji’s return to economic prosperity, a spokesperson accompanying an International Monetary Fund team to Fiji has said. ... more
Radio conglomerate Communications Fiji Ltd today announced a first interim dividend payment of four cents per share for its 2009 financial year. ... more
The chief advisor to the governor of the Reserve Bank of Fiji, Inia Naiyaga, is throwing his weight behind the development of microfinance and small and medium sized businesses. ... more
The Fiji Export Council is urging local exporters to take advantage of the Duty Suspension Scheme or DSS to help them ease their cash flow in an environment of escalating costs. ... more
The ongoing legal wrangle regarding insurance claims by palm furniture maker Pacific Green Industries (PGI) has been a sore thumb in its financial progress, the company revealed this week. ... more
As Fiji moves forward with its massive reform agenda, several challenges stand in its way. The World Bank has identified some of these challenges in its latest East Asia and Pacific half yearly update, released globally this week. ... more
Struggling Fiji cannery, the Pacific Fishing Company, recovering from a factory fire last year, is to receive a US$20 million investment injection from North American partner Bumble Bee Seafoods, chairman Peniasi Kunatuba revealed last night after the company was named Exporter of the Year. ... more
Her arms full with three trophies from the Prime Minister’s Exporter of the Year Awards last night, Gaetane Austin had just one thing to say as her company Pure Fiji became the first to be inducted into the TFL Hall of Fame – love what you do and it’ll drive you to do it better. ... more
SELECTED AUSTRALIAN SHARES MARKET LIST AS 2009-Nov-20
SECURITIES
LAST SALE ($)
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
2009 South Pacific Pageant OpensThe competition amongst the 13 international contestants should be the highlight of the 2009 South Pacific Pageant which is set for its official opening
SPORTS
Late Kalou strike saves 4R Electrical BaNational defender Manueli Kalou was the toast of the 4R Electrical football club in its opening match of the 2009 National Club Championship finals in Nausori as his late goal gave the side a hard fought 2-1 victory over Downtown.
WORLD
Britain probes transmission of drug-resistant swine fluBritish health authorities said Friday they are investigating what could be the world's first cases of person-to-person transmission of a strain
ENTERTAINMENT
One dead as Miley Cyrus tour bus crashesThe driver of a Miley Cyrus tour bus died and one passenger was injured after the vehicle veered off the road and flipped over, police in
OFFBEAT
96 competitors in Paris stiletto raceThe only rule is to be perched on heels at least eight centimetres (three inches) high -- the prize is boxes and boxes of shoes.
FIJIAN
Sikovi Macuata na PeresitediE dolava na Peresitedi ni noda vanua ko Ratu Epeli Nailatikau na bose ni Matabose ni Yasana ko Macuata e Naduri ena Lotulevu.