Business

FHFC founding member claims of a split

GREED led to the downfall of the Fijians Helping Fiji Cooperative Ltd which should have been fully operational, claims founding member Ratu Levani Roko. Ratu Levani said the co-operative started in 2015 to uplift the standard of living of Fijians. FHFC’s objective was to improve rural development and reduce poverty by creating thousands of farming...

Fijians Helping Fiji Cooperative spends $600,000

THE controversial Fijians Helping Fiji Cooperative spent $600,000 in two years and has now run out of money, in what its chairman has described as “a learning process”. More than 5000 iTaukei farmers have paid a $120 membership fee to be FHFC members in the hope that FHFC would help them to export their produce...

Landowning units: No talks with EFL

A NUMBER of landowning units say they were neither consulted nor compensated for the raising of the Wainisavulevu weir by Energy Fiji Ltd (EFL). EFL chief executive officer Hasmukh Patel, when asked which landowners were consulted and compensated, said it was a private matter between the landowners, EFL and the iTaukei Land Trust Board. “In...

TFL commissions Rakiraki-Korovou optic fibre

TELECOM Fiji Ltd (TFL) has completed and commissioned its Rakiraki to Korovou optic fibre project which will see a new internet connectivity experience for customers in the area. The local teleco giant made the announcement today after it initiated project in September last year. However, the cost of the strategic and long-term infrastructure enhancement project...

PNG Foreign currency shortage still persists despite interventions to date

PORT MORESBY (POST COURIER) – Despite various interventions by Papua New Guinea government in the foreign exchange market the shortage continues to persist. This was according to Bank South Pacific’s Economic and Market Insight report for the June quarter released on Wednesday this week. It noted over the quarter, the PNG kina depreciated against the...

Free trade to boost Pacific islands

CANBERRA, (AAP) – A free trade agreement between Australia and Pacific Island countries would enhance economic progress in the region, Trade Minister Steve Ciobo says. Ciobo said the agreement was “tailored to help Pacific island countries address their specific development challenges and better participate in global trade,” as he introduced it to parliament on Thursday....

TFL commences deployment of ultra-fast fiber broadband

TELECOM Fiji has commenced deployment of its ultra-fast fiber broadband (UFF) service to customers in Bayview and Namadi Heights in Suva. Confirming this yesterday, TFL acting chief executive officer Charles Goundar said the service was enabled by fiber-to-the-home (FTTH) technology. Fiber-to-the-home technology is said to have the highest internet and most reliable speeds in Fiji...

Digicel Fiji rolls out new digital music app

DIGICEL Fiji has rolled out a new digital music application for its local customers – an “innovative product” to complement its high internet mobile data uptake. The mobile app called d’Music app, which is said to have been tailor-made for the local market, allows Digicel customers to stream songs from a catalogue of over 30...

Nawaibuta tribe launch new $170k investment

THE new Nawaibuta House worth $170,000 was opened today at Korovou Town in Tailevu. The yavusa (tribe) of Nawaibuta consists of three villages – including Navunisole, Matacula and Nailega from the province of Tailevu – and is made up of nine landowning units. Leader of the tribe, former Fiji rugby representative Ratu Suliasi Daunitutu who...

Program to offer women skills, qualifications in construction

TWENTY Fijian women will have the opportunity to learn construction work through a new program aimed at upskilling and boosting the local industry. The program is an initiative of Habitat for Humanity Fiji partnered with Australia-Pacific Technical College (APTC) supported by Asian Development Bank (ADB). A statement issued by the Habitat for Humanity Fiji today...

American Samoa cannery seeks help with EPA permit

PAGOPAGO, 16 AUGUST 2018 (WIRES) – The owner of American Samoa’s StarKist cannery wants the territory’s help to sway the federal government. The US-based company is applying for a permit from the Environmental Protection Agency concerning discharge into the ocean from its Pago Pago cannery. A territorial official says StarKist’s expansion plans in American Samoa...

ANZ opens new world class branch in Kiribati

TARAWA, 16 AUGUST 2018 (ANZ) – There’s a new symbol of what world-class looks like in Kiribati, the most remote location in ANZ’s global network. ANZ Kiribati CEO, Finau Soqo, proudly opened the new ANZ office and branch with President Taneti Maamau, Minister of Finance and Economic Development Dr Teuea Touatu, government representatives and other...

Papua New Guinea has opportunities in carbon capture says ecologist Tim Flannery

BRISBANE, 16 AUGUST 2018 (BUSINESS ADVANTAGE PNG) – Papua New Guinea has opportunities in the emerging carbon capture techniques, climate change expert Professor Tim Flannery told the Business Advantage Papua New Guinea Investment Conference in Brisbane. He pointed to forests, soil and marine as potential commercial areas. “Sadly, we have come to an agreement very...

Address debt at leadership level: NZ foreign minister Peters

APIA, 16 AUGUST 2018 (SAMOA OBSERVER) – The level of debts that Pacific Island nations owe to the Chinese government should be addressed at the leadership level, says Winston Peters. Speaking on the sidelines of the one-day Forum Foreign Ministers conference in Samoa recently, the New Zealand Foreign Minister echoed the sentiments of Tonga’s Prime...

Indicators show a slowdown in PNG economic activity: BSP Bank

PORT MORESBY, 16 AUGUST 2018 (POST COURIER) – Economic activity in PNG has slowed down over the last six months with the commercial and residential investment property market especially in Port Moresby and Lae showing signs of stress in the past 12 months. This is based on Bank South Pacific’s analysis of anecdotal indicators reported...

Fiji Link receives brand new twin otter aircraft

FIJI Link took delivery of its fourth brand new Viking DHC-6 Series Twin Otter aircraft yesterday. According to a press statement released by the carrier, the airline now has one of the youngest fleets in the world. Fiji Airways managing director and CEO Andre Viljoen said the aircraft was chosen for its robustness and versatility....

Samoa Fibre optic cable debt unknown

APIA, 15 AUGUST 2018 (SAMOA OBSERVER) – The debt owed by the Samoa Government to the American Samoa government for the American Samoa Hawaii Cable (ASH) contract that was signed in 2009 remains unknown with officials refusing to divulge more information. Prime Minister Tuilaepa Sa’ilele Malielegaoi recently said the Government stepped in to assist Computer...

PNG fisheries minister happy with positive outcome of tuna meeting

PORT MORESBY,15 AUGUST 2018 (POST COURIER) – Papua New Guinea Fisheries and Marine Resources Minister Patrick Basa has expressed satisfaction at the outcome of the 13th Parties to the Nauru Agreement (PNA) Ministerial Meeting held in Nauru recently. The week-long meeting by fisheries ministers from the eight member countries ended with the signing of a...

Air Niugini flying with APEC logo

PORT MORESBY, 15 AUGUST 2018 (THE NATIONAL) – National flag carrier Air Niugini will promote APEC 2018 on four of its aircraft that make international flights. APEC Coordination Authority and Air Niugini Tuesday launched the ‘APEC 2018, Papua New Guinea’ logo on one of the airline’s Boeing 737 aircraft in Port Moresby. Air Niugini general-manager...

FNPF renews certificate cycle for pensioners

THE Fiji National Provident Fund has revised its renewal certificate cycle for pensioners from four to six months. According to FNPF, this means that pensioners will only need to visit FNPF offices twice instead of three times a year, to submit their signed renewal certificates to ensure continuity of pension payments. Making the announcement yesterday,...

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