May 29, 2017 Last Updated 1:08 PM, May 23, 2017

2014 December (28)

Fiji’s government of Frank Bainimarama is continuing with its expansionary economic policy in the $3.3 billion (US$1.69 billion) budget for 2015 it handed down in Fiji’s Parliament on November 21st. Its capital budget of U$S687m makes up 41 per cent of the total budget. More roads and bridges will be upgraded or constructed and more people will be connected to…
By the first quarter of 2015, the Secretariat of the Pacific Community (SPC) hopes the construction of its new base in Fiji would have started. Green light for this has been granted by the host government, and in keeping with the host of regional organisation arrangements, Fiji will fund the entire project. Cost of the Pacific Village is estimated at…
Tourism, airports key to island plan Marshall Islands’ revived investment agency is in search for new money aimed at boosting the island economy, its ailing aviation and tourism industries in particular. Chief Executive Officer of Marshalls’ Office of Commerce and Investment Ravuni Uluilakeba is spearheading the search. RMI poached him from Investment Fiji where he was CEO for several years.…
Parties hope for resolution soon
Fletcher to built Marriott resort The troubled Momi Bay Resort Development Project is making a comeback seven years after it fell apart due to financial turmoil which landed the Fiji National Provident Fund in hot water. The comeback is going to cost FNPF an estimated US$101 million with the construction contract being awarded to New Zealand company Fletcher who will…

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