Retail spaces cleared by uncertainty
Fiji’s capital Suva is likely to see more vacant retail shops in the coming months as a downturn in business brought about by economic and political uncertainty start to bite.
A survey last week found several retail stores in various parts of Suva continue to remain empty and the take up of empty ...
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HA invites proposals from Chinese firms
The Housing Authority of Fiji will now formally invite proposals from three Chinese firms for the development of low-cost housing projects in Fiji that is expected to cost around $55 million.
Authority chief executive officer Alipate Naiorosui said he and his team would work closely with the HA’ ...
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Realtors welcome State register directive
Two of Fiji’s real estate agents have welcomed the Government’s directive of having all agents registered.
“That is what we wanted, as long as the Commerce Ministry does proper scanning and background checks on who is getting the licence,” said Reginald Jokhan, director of Jokhan Realtors.
A sale ...
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Economic slump forces eateries to close
Two prominent restaurants in Suva, one a medium-high class eatery, have closed operations recently as the downturn experienced in this sector continues, Fijilive has established.
In a survey conducted in the past weeks, this online news agency has established that 17 jobs were lost after the closur ...
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Natadola is funded by us, says FNPF
The Fiji National Provident Fund (FNPF) has rubbished media reports that it has taken over the Natadola resort project from the Fiji Development Bank (FDB) by saying this project is fully funded by them and the work is progressing well.
Aisake Taito, the newly appointed CEO of FNPF said that the FN ...
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New US embassy on track
Work on the new United States Embassy in Tamavua (outside the Suva CBD) is expected to be completed in a year from now, United States ambassador to Fiji Larry Dinger says.
He said construction work was on track due largely to the fine weather that Fiji has had in the country’s rainy season.
“It is ...
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Global cos eyeing greater pie of Momi
International resort developers have shown interest over the past few months in buying the Momi resort in Fiji, albeit at a fire-sale price, an overseas news website claimed.
New Zealand based news agency Independent Financial Review claimed the resort has deteriorated because of exposure to the el ...
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Commercial building for sale for $1.9m
A commercial building in Narere, outside Suva, that houses a prominent supermarket is up for sale for $1.9 million.
The two-storey building contains the New World supermarket, several retail shops (including Hot Bread, kava and video) on the bottom floor and residential flats on the top floor, a pe ...
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Affordable land lots running out: HA
Affordable land lots for the low cost housing market in Fiji have almost ran out while the demand is continuing to grow, Housing Authority chief executive Alipate Naiorosui says.
In fact, he says, there are no affordable lots left in Suva while Lautoka has only 100 land lots left.
Nairorosui says ...
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