Business

China's holiday tourism rebound to pre-COVID levels boosts outlook

China’s tourism rebounded to pre-COVID-19 levels in the May Day holiday as the number of domestic trips rose by more than two-thirds from a year earlier, government data showed, a welcome boost for the world’s second-biggest economy.

May 4, 2023 10:01 am
 

Business

BRED BANK records over $20m in profit

BRED BANK (Fiji) has achieved historic results, marking its 10th anniversary in 2022 with a remarkable net profit after tax of over $20 million.

May 3, 2023 4:17 pm
 

Business

Ford's profit rises on strong truck demand but EV outlook weighs

Ford Motor Co posted robust first-quarter revenue and profit, thanks to strong demand for trucks and SUVs, but issued a measured full-year outlook tempered by continued losses in its electric-vehicle unit.

May 3, 2023 12:27 pm
 

Business

Beware of residential rental scam: Shandil

The Consumer Council of Fiji is alerting consumers to refrain from making residential bond and rental payments without seeking verification first.

May 3, 2023 10:20 am
 

Business

Domestic market show favorable projection

Fiji’s labour market remains tight with increased general migration abroad and employment opportunities via the regional labour mobility schemes.

May 3, 2023 10:15 am
 

Business

Starbucks sales, profits top estimates on China recovery

Starbucks Corp (SBUX.O) beat Wall Street estimates on Tuesday for quarterly profits and comparable sales, powered by a sharp recovery in business in China and steady demand for its coffees and cold drinks in North America.

May 3, 2023 9:51 am
 

Business

Hollywood writers strike over pay in streaming TV 'gig economy'

Thousands of film and television writers headed to picket lines for their first work stoppage in 15 years.

May 3, 2023 7:20 am
 

Business

Fiji’s trade balance in deficit

The Reserve Bank of Fiji’s Economic April Review reveals that Fiji’s trade balance is in a deficit of $669.7 million.

May 3, 2023 6:26 am
 

Business

Tesla raises prices in US, China, Japan and Canada

Tesla has raised prices in a range of up to $290 in Canada, China, Japan and the United States, its website showed.

May 3, 2023 6:24 am
 

Business

Tuna Bites campaign promotes food security

The Pacific Islands Forum Fisheries Agency and the Pacific Community launched the “Tuna Bites” campaign to celebrate the UN World Tuna Day and Pacific Tuna Month today.

May 3, 2023 5:34 am
 

Business

IMF downgrades global growth forecast

The International Monetary Fund downgraded the global growth forecast in its April World Economic Outlook.

May 2, 2023 4:30 pm
 

Business

Post Fiji welcomes new board of Directors

Isireli Leweniqila takes on the role of board chair, with Eroni Maopa, Sadassivan Naicker, Mahendra Kumar, Radhika Karunaratne, Seveci Tora, Loraini Tulele, Orisi Seruitanoa, Ritesh Singh and Post Fiji CEO Dr. Anirudha Bansod joining as board members.

May 2, 2023 4:20 pm

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