Business

Shein in talks with banks and exchanges about U.S. IPO

China-founded online retailer Shein is working with at least three investment banks about a potential U.S. initial public offering, and has been in talks with the New York Stock Exchange and Nasdaq, people familiar with the matter said.

July 5, 2023 11:28 am
 

Business

Instagram owner to launch Twitter alternative

Meta Platforms plans to launch a Twitter-rivalling microblogging app called Threads, days after Twitter boss Elon Musk attracted criticism by announcing a temporary cap on how many posts users can read on the social media site.

July 5, 2023 10:37 am
 

Business

Twitter CEO backs widely criticized tweet-reading rate limits

Twitter CEO Linda Yaccarino tweeted a defence of the temporary cap announced on July 1 on the number of tweets users can read in a day, and the company said advertising has been stable in the days since the step that drew heavy criticism from users and marketing professionals.

July 5, 2023 9:40 am
 

Business

PALM scheme to be enhanced

Minister for Employment Agni Deo Singh says they are working with the Australian government to develop a new Memorandum of Agreement to further enhance the Pacific Labour Scheme.

July 5, 2023 6:34 am
 

Business

Improving labour welfare remains a priority

Fiji is committed to improving labour welfare through labour law review, the right to strike and picket, strengthening collective bargaining, replacing civil servants’ contracts with tenure, and complying with ILO standards.

July 5, 2023 5:55 am
 

Business

Bainimarama government weaponized FICAC claims AG

The fate of whether to phase out the Fiji Independent Commission Against Corruption or retain it now hangs in the balance.

July 4, 2023 4:58 pm
 

Business

Debt servicing promising: Dr Sen

ANZ Economists state that the government’s ability to service its debt seems sound at this stage.

July 4, 2023 4:31 pm
 

Business

Productivity is key to economic growth

Fiji National University partnered with the National Training Productivity Sector to organize a three-day workshop focused on productivity measures.

July 4, 2023 4:11 pm
 

Business

Dialogue Fiji commends budget

Dialogue Fiji Executive Director, Nilesh Lal has commended the national budget’s balanced approach to fiscal management, highlighting the government’s commitment to driving the economy while addressing the needs of various sectors and stakeholders.

July 4, 2023 12:35 pm
 

Business

Commissioning of new solar system

Minister for Public Works Ro Filipe Tuisawau visited four villages in Beqa to commission new solar home systems.

July 4, 2023 12:15 pm
 

Business

Outrigger Resort to complete renovations this year

Outrigger Fiji Beach Resort is set to conclude its multimillion-dollar renovation project by November.

July 4, 2023 12:05 pm
 

Business

Samsung sues Chinese rival over alleged patent violation on iPhone displays

South Korea’s Samsung Display has filed a lawsuit against BOE Technology, accusing the Chinese rival of infringing five of its patents for displays used in mobile devices including Apple’s iPhone 12.

July 4, 2023 11:37 am

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