Business

20th January

Call for cassava farmers to partner with association

There is a call for farmers to partner with the Tavioka Growers Association if they want to use their land to the fullest. This was the sentiments shared by the president of the association Josaia...

Billion dollar market

In the next four years cassava flour could be in the vicinity of $US4 billion ($F8.1b market whereas cassava starch could be a $US42b ($F85.3b) industry however Fiji has not tapped into this yet. These were the sentiments of the president of the Tavioka Growers Association Josaia Rayawa, who said these were two value- ads...

16th January

Toyota settles U.S. probe into delayed emissions defect reports for $180 million

WASHINGTON (Reuters) – Toyota Motor Corp settled a lengthy Justice Department civil probe into its delayed filing of emissions-related defect reports for $180 million, the government said on Thursday. Reuters first reported the expected settlement, which resolves the violations of the Clean Air Act. Toyota first disclosed in 2016 it was under investigation for the...

15th January

$189.6m paid out

Fiji National Provident Fund (FNPF) members have been urged to be mindful of the withdrawals they are accessing because it impacts their total retirement savings balance. FNPF chief executive officer Jaoji Koroi said FNPF was a retirement savings fund and these early access or withdrawals were pre-retirement benefits which ultimately impact members’ total balance. For...

Family pays their last respects

He was a unique man who told it like it was and he was a hard businessman with a heart of gold. These were the words Julian McCaig used to describe his grandfather Alick Patrick Chute in his eulogy at St Joseph the Worker Catholic church in Tamavua yesterday. Mr McCaig, one of Mr Chute’s...

The final farewell

Members of the business community, former and current parliamentarians, the Chute family and extended relations and friends of the late Alick Patrick Chute said one last goodbye to the departed at St Joseph the Worker Parish in Tamavua yesterday. The founder of the second- hand clothing chain Value City and former mayor of Labasa Town,...

14th January

Free Bird continues to find potential markets

Publicly-listed company Free Bird Institute continues to find potential markets to expand to particularly where there is still a huge demand for English studies for foreign students from abroad. This according to institute chief financial officer Waisale Iowane who said they intended to recruit more students from China. “Given its huge population, we wanted to...

Access to Markets

Many businesses face the challenges of tapping into international markets however through platforms such as the Fiji Forward Roundtable Business and Economic Roundtable entrepreneurs can garner opportunities and success. More than 50 representatives from Fiji’s private sector participated in the Fiji Forward Business and Economic Roundtable on Building Bridges Between Civil Society, Businesses and Government....

Information access made easy

Energy Fiji Ltd’s (EFL’s) digital transformation journey took another turn with the launch of its Noqu EFL app yesterday. According to EFL, demand from customers for a mobile app prompted the EFL to work with their project partner Telecom Fiji to replicate the services of the online web portal on to the more preferred mobile...

Board appoints interim CEO

The Fiji Revenue and Customs Service (FRCS), has announced the Director Border Jonetani Vuto to lead the tax office as the Interim Chief Executive Officer. The board made the announcement yesterday stating Mr Vuto had been with FRCS for past 31 years. He was stated to bring a wealth of experience in terms on technical...

Biosecurity laws and their importance

The year 2020 has been a challenge not only for the Biosecurity Authority of Fiji (BAF) but for the entire Fijian economy and the world alike. The effects of the COVID-19 pandemic have affected one and all in a lot of ways. Despite the many struggles and challenges, BAF managed to pull through some of...

Capital gains tax

The Capital Gains Tax was introduced in 2012 through the introduction of the Capital Gains Tax Decree 2011. The introduction of CGT was to broaden the tax base in Fiji and to bring equity in the tax system so that both the ordinary and capital incomes are taxed appropriately. The CGT Decree 2011 was later...

E-Edition