Business

5th July

Prof Biman lashes out at Fijian Economy Minister

National Federation Party leader Professor Biman Prasad says Economy Minister Aiyaz Sayed-Khaiyum needs to explain how Fiji’s debt ballooned from $2.83 billion before the December 2006 military coup to the projected $9.125 billion this year....

1st July

Insurance service provider celebrates 30th anniversary

FijiCare Insurance Ltd celebrated its 30th anniversary on Wednesday night with two awards from the International Business Magazine 2022 Awards. The awards were Best Heath Insurance Provider – Fiji and the Best Digital Insurance Initiative – Fiji. Speaking during the celebration held at the Grand Pacific Hotel (GPH) in Suva, FijiCare executive director Avi Raju...

Ginger farmers encouraged to transition to commercial farming

Members of the Fiji Ginger Growers Association have been encouraged to transition from subsistence farming to sustainable, commercial farming. More than 100 ginger farmers attended the first Fiji Ginger Growers Association annual general meeting recently in Nausori. The Fiji Crop and Livestock Council (FCLC) chief executive officer Jiu Daunivalu said it was pleasing to see...

Applications open for Westpac education grant

Applications for Westpac Fiji’s popular Women & Girls Education grant program closed yesterday. This year, Westpac is offering 30 grants to support females to continue or take up study. Westpac Fiji chief executive officer Shane Smith said the program only awarded 10 grants initially but in light of the ongoing pandemic, and knowing that many...

$2.4bn liquidity: Fijian central bank maintains OPR at 0.25 per cent

The $2.4 billion liquidity in the banking system has pushed the banks’ weighted average lending rate to historic lows. Reserve Bank of Fiji governor Ariff Ali said the latest outturn in the financial sector also supports the recovery, as higher lending by commercial banks and other financial institutions drove the 2.6 per cent growth in...

Motorists feel the pinch of fuel price increase

Some vehicle owners said they would have to cut down on groceries and other necessities to meet the increased cost of fuel. The Fiji Times spoke to a few motorists yesterday after the Fijian Competition and Consumer Commission announced a massive 36 cents per litre increase in the cost of motor spirits. As of today,...

New prices in effect: Motorists to pay extra at the pump

Motorists will have to fork out more at the pump as of today. The Fijian Competition and Consumer Commission (FCCC) announced a massive increase in motor spirits up by 36 cents per litre from $3.08 to $3.44. Premix is up 34 cents a litre from $2.90 to $3.24, kerosene goes up to $2.50 per litre...

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