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
 

Business

Global uncertainties pose risks to Fiji

The national economy will rebound to the pre-pandemic level by 2024.

April 20, 2023 12:30 pm
 

Business

Seagate to pay $300 million penalty for shipping Huawei 7 million hard drives

Seagate Technology Holdings PLC (STX.O) has agreed to pay a $300 million penalty in a settlement with U.S. authorities for shipping over $1.1 billion worth of hard disk drives to China’s Huawei in violation of U.S. export control laws, the Department of Commerce said on Wednesday.

April 20, 2023 11:13 am
 

Business

India's heatwaves putting economy, development goals at risk: study

Killer heat waves are putting “unprecedented burdens” on India’s agriculture, economy and public health, with climate change undermining the country’s long-term efforts to reduce poverty, inequality and illness, a new study showed.

April 20, 2023 10:45 am
 

Business

Meta lays off tech teams, battering employee morale

Meta Platforms Inc (META.O) carried out another round of job cuts, this time hitting engineers and adjacent tech teams, as Chief Executive Mark Zuckerberg further moved to streamline the business in a bid to make 2023 a “year of efficiency.”

April 20, 2023 10:30 am
 

Business

Full recovery in tourism expected

The tourism industry is going to have an 85 percent recovery this year, but the trend in the first three months is indicating that there could be a full recovery by the end of this year.

April 20, 2023 9:50 am
 

Business

FDB to develop loan packages for the vulnerable

The Fiji Development Bank will be looking into developing loan packages for the vulnerable population, which includes people with disabilities and retired individuals.

April 20, 2023 7:17 am
 

Business

FHTA welcomes Vanua Levu tourism project

The approval of the Tourism Development Programme in Vanua Levu has been welcomed by the tourism industry.

April 20, 2023 6:46 am

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