Business News

Virgin Coconut Oil is gaining popularity into the market as its increasing awareness on health benefits is spreading into houses. People are showing keen interest to explore into extracting VCO for commercial purposes.
Fiji has sent, through the Food Processors (Fiji) Limited, a consignment of taro and cassava with a combined weight of a tonne and a half last week.
Cabinet has approved the promulgation of the Mahogany Industry Development Decree 2010 after a submission by the Attorney-General Aiyaz Sayed-Khaiyum.
The Reserve Bank of Fiji recently created a National Financial Inclusion Taskforce made up of 11 members, to oversee the extension of financial services to unemployed and impoverished residents of Fiji.
Australia and New Zealand Banking Group's Chief Economic Asia Pacific Paul Gruenwald said Fiji has to look for a long term solution for economic recovery.
Consumers in Fiji are being warned to be aware of poor quality meat being sold as premium grade. The Consumer Council says meat is becoming a major problem as low grade meat is being imported and sold at high prices.
The Primary Industries Ministry intends to map out strategies to integrate development plans for rural development with talks being held with MPI and Commissioners Offices' for the Western and Northern divisions.
The Reserve Bank of Fiji has announced the setting up of a National Financial Inclusion Taskforce that will guide and monitor the development of greater financial inclusion in Fiji.
Former Fiji's Reserve Bank Governor says regional development partners are very important in the growth of the Pacific economies.

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