Timoci Vula

Fiji

Reporter at The Fiji Times - Limited

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Articles

Safeguard gains - Members urged to manage resulting pressures responsibly

1 week ago | fijitimes.com.fj | Timoci Vula

THE World Trade Organization (WTO) Secretariat is closely monitoring and analysing the tariff measures announced by US President Donald Trump on April 2. It is understood many WTO members had reached out to the Secretariat that is actively engaging with those countries in response to questions about the potential impact on their economies and the global trading system.
Yee heads WFF - The Fiji Times

1 week ago | fijitimes.com.fj | Timoci Vula

Women’s Fund Fiji (WFF) has appointed Victoria Yee as its new Executive Director. Vicky, as she is widely known, has been serving as the Acting Executive Director,She has played a pivotal role in guiding the Fund through its transitionary period over the past few months. Following a rigorous recruitment process, she has now been officially appointed to lead the Fund into its next chapter. Governance Board chair Patricia Naisara expressed her confidence in Vicky’s leadership.
SUN posts $8.35m pre-tax profit

1 week ago | fijitimes.com.fj | Timoci Vula

General insurance company Sun Insurance Company Ltd (SUN) has recorded a pre-tax profit of $8.35million for the financial year ending December 31, 2024. This marks an increase of 117 per cent compared to the $3.85m reported in the previous year. The company’s insurance income registered robust growth, increasing by 23 per cent throughout the year to reach $32.97m.
Tuinamuana appointed FNPF board director

3 weeks ago | fijitimes.com.fj | Timoci Vula

The Fiji National Provident Fund (FNPF) has appointed chartered accountant Sikeli Tuinamuana as a board director. Mr Tuinamuana – previously a partner at Ernst & Young for more than 21 years, serves as a Partner at Raki Partners at present. He brings more than 40 years of leadership experience in finance, governance, and strategic management, making him a valuable addition to the FNPF board.
$500k-plus target - Company embarks on transformation journey

4 weeks ago | fijitimes.com.fj | Timoci Vula

GOVERNMENT-owned Food Processors Fiji Ltd (FPFL) aims to continue its profitability with a target of more than half a million dollars set for its 2025 financial year. The company, which specialises in processing and packaging agriculture and marine-based produce into premium foods, had recorded a net loss of $515,959 in 2019.
Strong cash flow - High-end palmwood furniture maker posts profit despite challenges

1 month ago | fijitimes.com.fj | Timoci Vula

DESPITE challenges posed by a pending legal dispute relating to intellectual property rights and online marketing/sales and other factors, Pacific Green Industries (PGI) recorded a net profit after income tax of $331,758 for the year ended December 31, 2024. The manufacturer and distributor of high-end coconut palmwood furniture had recorded $400,556 in NPAT for the 2023 financial year.
Air traffic growth - Capital airports investing heavily over next decade

1 month ago | fijitimes.com.fj | Timoci Vula

AIRPORTS in Fiji and the Asia Pacific region are investing heavily in infrastructural developments to the tune of hundreds of billions of dollars over the next decade to be ready for long-term passenger and airline traffic growth. The Airports Council International (ACI) Asia-Pacific and Middle East is conducting a study to ascertain the total monetary value being invested by member-airports, and a report to be provided in due time.
Customs officials learn cross-border e-commerce

1 month ago | fijitimes.com.fj | Timoci Vula

THE growth of e-commerce and surge in Pacific islanders’ use of online shopping have created challenges for customs administrations across the region in balancing efficient service delivery while maintaining appropriate safeguards. In response, the Oceania Customs Organisation (OCO) – the regional body for customs administrations in the Pacific, and the PACER Plus Implementation Unit (PPIU) held a five-day workshop for customs officials from 16 Pacific countries, including Fiji.
Cement rationing - Mill breakdown prompts company to halt production

1 month ago | fijitimes.com.fj | Timoci Vula

ONE of Fiji’s major cement manufacturer Pacific Cement Limited (PCL) will temporarily cease production for the next two to three months because of a mill breakdown that occurred two weeks ago. The company is looking at importing cement in anticipation of a potential shortage. The mill has been riddled with downtimes attributed to breakdowns over recent years affecting production and profitability, and had resulted too in importation of cement to cater to local market demand.
Consumers cautioned as Eid approaches

1 month ago | fijitimes.com.fj | Timoci Vula

Fiji’s consumer watchdog has advised consumers to exercise caution when making online purchases. With Eid fast approaching and consumers turning to online platforms to buy traditional attires and accessories, council CEO Seema Shandil also urged sellers to deliver products on time and as advertised. She said because of the high demand of traditional Indian attire, the council had observed many fraudulent sellers operating through social media platforms.