Business

Tourism workers saluted for their dedication

It was a night of extravaganza as those in the tourism industry were recognized for their contribution during the 2022 ANZ Fiji Excellence in Tourism Awards.

February 26, 2023 8:17 am
 

Business

Performance incentives for Post Fiji staff

Post Fiji Pte Limited will be paying out $197,384 in performance incentives to its 254 employees.

February 25, 2023 4:38 pm
 

Business

Fiji faces economic fallout from Russia-Ukraine conflict, EU assists

Russia’s invasion of Ukraine continues to have a ripple effect across the world, with Fiji feeling the negative economic impacts as supply chains are disrupted and inflation rises.

February 25, 2023 4:29 pm
 

Business

Singh attends International Sugar Cane Congress in India

Minister of Multi-Ethnic Affairs and Sugar Industry Charan Jeath Singh and his senior officials were part of a weeklong Congress of the

February 25, 2023 4:01 pm
 

Business

Boeing shares fall after new Dreamliner delivery halt

Shares of Boeing Co (BA.N) fell nearly 5% on Friday after the U.S. planemaker temporarily halted deliveries of its 787 Dreamliner jets over a documentation issue related to a fuselage component.

February 25, 2023 3:50 pm
 

Business

Hyundai to divest Alabama subsidiary following child labor revelations

South Korean automaker Hyundai Motor Co (005380.KS) on Friday told shareholders that it would divest its controlling stake in a major Alabama auto parts plant where Reuters last year documented children as young as 12 were working.

February 25, 2023 3:02 pm
 

Business

Meta heats up Big Tech's AI arms race with new language model

Meta Platforms Inc (META.O) said it was releasing to researchers a new large language model, the core software of a new artificial intelligence system, heating up an AI arms race as Big Tech companies rush to integrate the technology into their products and impress investors.

February 25, 2023 1:55 pm
 

Business

Naisoso project set to boost economy with $500m investment

Tourism Capital Partners has launched the $500 million Sorena Naisoso project, aimed at creating economic growth in Fiji.

February 25, 2023 12:34 pm
 

Business

CTO has the potential to help navigate: Kamikamica

The world has changed irrevocably and continues to change at an unprecedented pace, fueled by rapid technological innovation.

February 25, 2023 12:09 pm
 

Business

Air India to hire over 4,200 cabin crew, 900 pilots after record aircraft deal

Tata Group-owned Air India on Friday said it planned to hire over 4,200 cabin crew and 900 pilots in 2023, as part of a major revamp that saw the carrier seal orders for a record 470 jets earlier this month.

February 25, 2023 6:31 am
 

Business

U.S. dollar holds seven-week high after strong inflation data

The dollar held a seven-week peak on Friday, as another round of data showing still-high inflation reinforced expectations that interest rates could stay higher for longer.

February 25, 2023 5:41 am
 

Business

Finance Minister replies to claims by Narube

The Ministry of Finance has clarified that the objective of the medium-term fiscal strategy tabled in Parliament last week was to set the broad fiscal parameters that will guide the formulation of the upcoming budget.

February 24, 2023 11:52 am

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