Positive outlook for Fiji Economy

The positive outlook of the economy, which is supported by the latest Reserve Bank of Fiji (RBF) retail sales and business expectation survey, is pointing towards improved prospects for consumption and investment in the coming months. This, according to the Reserve Bank of Fiji acting board chairman Robin Yarrow, meant the Fiji economy was likely…

PNG govt buys oil shares

THE government will subscribe 149.39 million shares in Oil Search Lt at A$8.20 per share, Prime Minister Peter O’Neill announced last Friday. He said this was the deal reached by the government and the oil company. O’Neill said the agreement was subject to the execution of a final document with the international banker UBS and…

NZ aims high for pacific with SPC

New Zealand yesterday strongly reaffirms the Secretariat of the Pacific Community (SPC) as a key partner in providing high level scientific and technical services to help Pacific Islands address key development challenges. H.E. Linda Te Puni, New Zealand Consul General in New Caledonia, and Dr Colin Tukuitonga, Director-General of the Secretariat of the Pacific Community…

HFC launches banking services

CUSTOMERS can now access HFC banking services following its official opening yesterday morning. HFC Bank CEO Isikeli Tikoduadua said three years of hard work had finally paid off. He said the bank was 100 per cent Fijian-owned and profits would be channelled back to the people of Fiji through its stakeholders. HFC is a joint…

SSEC to mark 50th golden jubilee

SOUTH Seas Evangelical Church (SSEC) will celebrate its 50th Golden jubilee anniversary at Ambu near Auki, Malaita, next week. Up to 10,000 members of the church across the country are expected to converge for the week-long celebration. month. Pastor Stephen Ausuta, who is coordinating the event, said deputy prime minister Manasseh Maelanga will be their…