Business

Working people falling into the debt cycle

Fijians need to develop sound financial habits because even the working population is falling into a cycle of debt, says Consumer Council Chief Executive Seema Shandil.

February 2, 2023 12:51 pm
 

Business

Focus on reducing the cost of living: Narube

The government needs to work on tackling Fiji’s high cost of living, says the former governor of the Reserve Bank of Fiji and Unity Fiji Party Leader Savenaca Narube.

February 2, 2023 12:43 pm
 

Business

MSME makes an 18% GDP contribution

Micro, small and medium enterprises have over a million-dollar pool of assistance that they can apply for.

February 2, 2023 12:25 pm
 

Business

Ministry enhances their engagement with its sectors

The Ministry of Trade, Co-operatives, SMEs, and Communications continues to strengthen its engagement in the communication and technology sectors.

February 2, 2023 9:50 am
 

Business

FedEx to cut senior jobs as part of larger staff reduction

FedEx Corp (FDX.N) on Wednesday said it would cut its officer and director ranks by more than 10% as part of a broad cost-reduction effort that has reduced staffing at the delivery giant by 12,000 workers since June, a spokeswoman said.

February 2, 2023 9:12 am
 

Business

Biden moves to slash U.S. credit card fees, app charges

President Joe Biden on Wednesday unveiled fresh efforts to slash credit card late fees and drive down the prices that Apple Inc (AAPL.O) and Google parent Alphabet Inc (GOOGL.O) charge on mobile app stores.

February 2, 2023 8:28 am
 

Business

Apple set to post rare revenue drop as focus shifts to demand rebound

Apple Inc (AAPL.O) is expected to report its first decline in quarterly revenue in nearly four years after strict COVID-19 curbs in China rapped the economy and related protests upended iPhone production at its biggest supplier Foxconn (2317.TW).

February 2, 2023 7:40 am
 

Business

FSC technically bankrupt, owes $400m

The Fiji Sugar Corporation owes $400 million to the government says Minister for Sugar Charan Jeath Singh.

February 2, 2023 6:33 am
 

Business

Former FSC Board needs to be held accountable: Singh

The former board of the Fiji Sugar Corporation must be made to answer questions on how they allowed the FSC to run irresponsibly with lavish expenditure without transparency and accountability says the Minister for Sugar.

February 2, 2023 6:27 am
 

Business

Former FSC CEO paid over $840k says Minister

An inquiry is expected to begin into the hefty salaries and allowances paid to former chief executives of Fiji Sugar Corporation.

February 1, 2023 4:50 pm
 

Business

Twitter makes first interest payment on Musk buyout debt

Twitter Inc has made its first interest payment on a loan that banks provided to help finance billionaire Elon Musk’s purchase of the social media company last year, according to two people familiar with the matter.

February 1, 2023 1:31 pm
 

Business

Telecom launches new Online Top-Up service

Telecom Fiji Limited customers can now do data top-ups online through the myTelecom app.

February 1, 2023 12:48 pm

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