Westpac Fiji CEO Marks 40 Years

Westpac Fiji CEO Marks 40 Years

Shane Smith, Chief Executive Officer of Westpac Fiji, recently celebrated a remarkable milestone—40 years of dedicated service with the nation’s oldest bank. Joining Westpac’s Suva branch as an 18-year-old, Smith has devoted his entire career to enhancing...
Financial indicators signal positive trajectory

Financial indicators signal positive trajectory

Fiji’s economy exhibited favourable growth in 2024, underpinned by robust financial indicators and sectoral performances. The Reserve Bank of Fiji (RBF) reported an 8.4 per cent expansion in broad money, reflecting increased liquidity and financial activity within the...
Investment lending sees gradual growth

Investment lending sees gradual growth

Fiji’s investment activity is showing signs of improvement, with a 25.9 increase in new investment lending in 2024, according to recent data from the Reserve Bank of Fiji (RBF). This growth signals cautious optimism among businesses and investors, reflecting increased...
Zane Yoshida elected President of AFBC

Zane Yoshida elected President of AFBC

The Australia Fiji Business Council’s new President is Zane Yoshida, Founder of The Calmer Co (formerly known as Fiji Kava). He was elected as the 15th President of the Council (AFBC), effective immediately, at the Council’s 38th Annual General Meeting on November 21....
Fiji, ADB ink loan and grant deal

Fiji, ADB ink loan and grant deal

Fiji has signed a loan and grant agreement with the Asian Development Bank (ADB) in November to enhance the country’s infrastructure and economic resilience. The agreement, valued at $199.5 million, aims to fund the replacement of critical bridges on Viti Levu,...
TLTB to establish Resource Owners’ Bank

TLTB to establish Resource Owners’ Bank

The iTaukei Land Trust Board (TLTB) announced the establishment of the Resource Owners’ Bank, aimed at empowering local resource owners by providing better access to financial services. The bank is set to be operational by mid-2025. The iTaukei Land Trust Board (TLTB)...