Axiom wins again, sets eyes on project

AXIOM says it will recommence exploration at its Isabel Nickel Project this week after the Court of Appeal set aside the interim injunction instigated by Sumitomo on 30 September. Shares in the company in the Australian stock market are trading higher on the news. Key points of the decision included: – The interim injunction ordered…

Media briefed on financial road map

THE Ministry of Finance and Treasury held a briefing session for the media on the Public Financial Management Reform Roadmap, where the purpose of the Mid-Year Budget Review was discussed in depth at an inaugural Media Workshop on the road map on Friday. The Mid-Year Budget Review was released by the Minister for Finance and…

Fataleka people told to vote wisely

THE nephew of outgoing MP for Fataleka Steve Abana has urged voters in the constituency to vote wisely in the November 19 elections. Billy Abana, who was the first born of Steve Abana’s brother Billy Buga, made the comments, claiming not much development has happened in the constituency in the last eight years. Billy said…

Kausimae: Building strong financial management is everyone’s business

“BUILDING a strong Public Financial Management (PFM) system is everyone’s business,” a top government officer says. Supervising Permanent Secretary for Finance, Elizabeth Kausimae pointed this out at an inaugural media workshop on the new PFM Road Map in Honiara yesterday. She stressed that a robust financial management system will help achieve our collective vision of…

18 storey tower planned for MHCC

SUVA, (FBC NEWS) – An 18 storey tower for MHCC in downtown Suva will add to the capital’s skyline, it has been confirmed. The Carpenters Fiji Group which owns the building, has been given the green light for the project to proceed. Malaysia based company owner, Sir Mogan Lourdenadin was recently in Fiji, and has…

New shipping firm critisised

Finance Minister in the Choiseul provincial government Alfa Kimata, has strongly criticized a newly set up shipping company in the province. In a statement he said Choiseul Provincial Government does not support it nor does it reflect the views under the existing Lauru Shipping Company. The criticism came in the wake of an announcement of…