Business

VAT gap analysis exercise to establish cost of tax evasion: FRCS

The Fiji Revenue and Customs Service is implementing programs to substantiate the cost of tax evasion in Fiji.

April 19, 2023 12:45 pm
 

Business

Microsoft developing its own AI chip

Microsoft Corp is developing its own artificial intelligence chip code-named “Athena” that will power the technology behind AI chatbots like ChatGPT, citing two people familiar with the matter.

April 19, 2023 12:21 pm
 

Business

Other areas a possibility for FDB

The Fiji Development Bank will consider non-focus areas if the need arises but for the moment agriculture and micro, small, and medium enterprises remain their top priorities.

April 19, 2023 12:15 pm
 

Business

Visitor arrivals drop post pandemic

Fiji recorded around thirty percent lower visitor arrival in 2022 compared to 2019.

April 19, 2023 11:43 am
 

Business

Netflix reports mixed earnings

Netflix Inc (NFLX.O) beat Wall Street earnings estimates for the first quarter but offered a lighter-than-expected forecast.

April 19, 2023 11:27 am
 

Business

Burger King looks to viral jingle to lift sales in choppy economy

Burger King is banking on its viral “Whopper Whopper” jingle to lift sales as part of the flagging fast-food chain’s turnaround plan, as broader economic uncertainty pushed two big franchisees into bankruptcy.

April 19, 2023 8:40 am
 

Business

Quality spending down the gutter

Quality spending on infrastructure investment in Fiji has declined in recent years from a historically strong base, says the World Bank.

April 19, 2023 7:55 am
 

Business

Let revenue flow to WAF: World Bank

Performance issues, inefficiencies, and climate-related risks are impacting the Water Authority of Fiji’s (WAF) ability to deliver clean water to rural areas of Fiji, and planning gaps exist.

April 19, 2023 7:48 am
 

Business

Detailed report on national economic summit will be provided: Prasad

The coalition government is transparent and will provide a detailed report on the money spent on the upcoming 2023 National Economic Summit.

April 19, 2023 7:39 am
 

Business

Sugar industry is not so sweet: World Bank report

The World Bank says the current trajectory of Fiji’s sugar sector is unsustainable.

April 18, 2023 4:45 pm
 

Business

Wage bill challenge for public sector

Managing the civil service wage bill is becoming a massive challenge for Fiji.

April 18, 2023 4:37 pm
 

Business

Driving towards the future: Prasad

The objective of the National Economic Summit is to examine potential directions for future economic transformation.

April 18, 2023 4:33 pm

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