Business

Alphabet to combine AI research units Google Brain

Alphabet Inc is combining Google Brain and DeepMind.

April 21, 2023 12:20 pm
 

Business

$102m provided to MSMEs in grants

More than 100 million dollars have been invested by the government in micro, small and medium enterprises in the form of grants.

April 21, 2023 11:43 am
 

Business

Buzzfeed News to close as media firm cuts jobs

Buzzfeed is to close its news site and cut its workforce by 15%, chief executive Jonah Peretti has said.

April 21, 2023 10:30 am
 

Business

Canada offering more than C$13 billion for VW battery plant

Canada has agreed to provide up to C$13 billion ($9.7 billion) in subsidies and a C$700 million grant to lure Volkswagen AG.

April 21, 2023 10:27 am
 

Business

Government will decide VAT rate: Professor Prasad

The Finance Minister, Professor Biman Prasad, says all recommendations by financial agencies and relevant stakeholders will be taken on board, but the final decision on Fiji’s value-added tax rate will be made by the government.

April 21, 2023 6:40 am
 

Business

FNPF considers offshore investment

The Fiji National Provident Fund is looking at offshore investment in line with one of its strategic priorities to optimize the investment portfolio.

April 21, 2023 6:38 am
 

Business

Fiji’s borrowing opportunities shadowed by debt

Fiji’s current debt to GDP ratio is at an alarming 80%, which means Fiji is spending more on debt service shelving essential expenses.

April 20, 2023 4:33 pm
 

Business

Women top mobile money users

The COVID-19 pandemic has led to an increase in women who are active users of mobile money.

April 20, 2023 4:09 pm
 

Business

Musk says Tesla will put sales growth ahead of profit

Tesla Inc (TSLA.O) boss Elon Musk doubled down on the price war he started at the end of last year, saying the electric vehicle (EV) maker would prioritize sales growth ahead of profit in a weak economy.

April 20, 2023 3:33 pm
 

Business

VAT increase recommended

The chair of the Fiscal Review Committee Richard Naidu has recommended an increase in Value Added Tax, however, says it should not be higher than 15 percent.

April 20, 2023 12:52 pm
 

Business

Accountability the way to redemption

Former Reserve Bank Governor Savenaca Narube is calling for accountability from those responsible for the state of the economy.

April 20, 2023 12:43 pm
 

Business

Tourism praises opening of Japan route

The Fiji Hotel and Tourism Association is thrilled with the resumption of direct flights from Fiji to Narita, Japan by Fiji Airways.

April 20, 2023 12:33 pm

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