Business

Tourism Fiji targets Australia

Tourism Fiji believes that Fiji can still get more out of Australia in terms of visitor arrivals.

June 2, 2024 12:27 pm
 

Business

Fiscal discipline key to Fiji's economic sustainability

Finance Minister Professor Biman Prasad has once again highlighted the coalition government’s commitment to fiscal discipline, citing efforts to reduce debt-to-GDP ratio from nearly 90 percent in 2022 to below 80% by July this year.

June 2, 2024 7:46 am
 

Business

Mills struggle with cane supply issues

Despite ongoing efforts to enhance the sugar industry, the Fiji Sugar Corporation continues to face significant challenges with cane supply during the crushing season, according to Chief Executive Bhan Pratap Singh.

June 1, 2024 4:25 pm
 

Business

Sugarcane Industry struggles with declining cane supply

The Fiji Sugar Corporation faces several challenges, including a high number of inactive growers and a dominance of small-scale producers with low yields.

June 1, 2024 7:27 am
 

Business

Fiji’s inflation hits 10-year high at 7.1% in April

Fiji’s annual inflation rose to 7.1 percent in April, the highest observed in the past 10 years.

May 31, 2024 6:55 am
 

Business

Fiji to trial new EV leasing model

A pilot project will be trialed in Fiji looking to establish a new commercial electric vehicle leasing model.

May 30, 2024 2:45 pm
 

Business

IMF praises Fiji's economic rebound but warns of vulnerabilities

The International Monetary Fund Executive Board have welcomed the strong economic rebound in Fiji driven by the recovery in tourism.

May 30, 2024 5:54 am
 

Business

IMF forecasts moderate growth

The International Monetary Fund in its 2024 article IV consultation with Fiji says the country’s Gross Domestic Product growth is projected to moderate to three percent this year, owing in part to supply-side constraints in the tourism sector.

May 29, 2024 12:03 pm
 

Business

Rooster Poultry focuses on local demand

Rooster Poultry General Manager Stanley Raniga stresses that the company’s strategic focus is on meeting local demand while cautiously exploring export opportunities.

May 29, 2024 6:36 am
 

Business

FSC faces financial pressure amid declining cane production

The Fiji Sugar Corporation needs to produce approximately 235,000 tonnes of sugar to achieve break-even revenue.

May 28, 2024 4:50 pm
 

Business

Billion dollar opportunity for Fiji’s tourism industry

Tourism Fiji is forecasting a billion-dollar opportunity over the next four years.

May 28, 2024 4:38 pm
 

Business

Farmers urged to enhance packaging for export markets

Commercial agriculture farmers who mostly focus on export markets are being urged to pay attention to all the tiny details before sending their produce to their destined markets.

May 28, 2024 4:15 pm

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