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The Low-down on USP

In drawing to conclude ‘What Is to Become of USP?’ (see Islands Business August 2020), I acquiesced to the prospect that the University may already be undergoing transition from a ‘public good’ to a ‘club good’. The basis of such a conclusion was that ‘whilst USP – the tertiary education provider – does not dwindle in supply as students consume it, it may however be already excluding some students due to congestion.’ I then concluded as follows: ‘Such a reformulation of the university may not necessarily hasten big changes in the immediate term. However, the mix of political economy considerations and ‘club’ myopia, intricately laced with local-level geopolitics, may just trigger nuances that may further undermine USP’s regionality that will cast a long shadow at Pacific regionalism.’

SPX suspends Fiji Television Ltd

April 25, 2021 4:40 am Fiji Television Ltd has been suspended from trading on the South Pacific Stock Exchange. Acting SPX Chief Executive Pretesh Prasad says after Fiji TV recalled its financial accounts for 2018 and 2019, it had to be suspended to protect the interest of investors. Prasad says the Stock Exchange has also notified the Fiji Institute of Accountants of this development as is required. Article continues after advertisement He adds until such time as Fiji TV is able to remedy its financial accounts and submits these to the SPX, it will remain suspended from trading. In February SPX had placed the first suspension in trading of Fiji TV shares.

Fiji briefs: ANZ, Kontiki, FijiLink, Lyndhurst, Port Denarau Marina

Fiji briefs: ANZ, Kontiki, FijiLink, Lyndhurst, Port Denarau Marina Fiji briefs: ANZ, Kontiki, FijiLink, Lyndhurst, Port Denarau Marina Jan 21, 2021 After five years leading ANZ’s business in Fiji, ANZ Fiji Country Head Saud Minam will leave ANZ on 30 April 2021. During his tenure at ANZ Fiji, Mr Minam oversaw the FJ$10m refurbishment of ANZ Fiji’s branch network, bringing it up to international standards, as well as advances in digital banking, including the introduction of the ANZ Pacific App to Fijian customers. The Market Capitalisation of the South Pacific Stock Exchange for the week ending January 22 slightly fell by 1.79% and concluded the week at $3.44 billion. This was mainly due to the negative share price movements recorded for Amalgamated Telecom Holdings Limited (ATH) and BSP Convertible Notes Limited (BCN).

The Fiji Times » Toyota models called for check for manufacturer issues

ANISH CHAND Picture: FILE. Owners of Toyota FJ Cruiser (GSJ15) Model – 2013-2015,  Toyota Corolla (ZRE172) Model – 2017-2019 and Toyota Fortuner and Toyota Hilux Model – June – Dec 2018 are being urged to take their vehicles to Asco Motors for a check. Asco Motors has been working with Consumer Council of Fiji and other relevant stakeholders in respect of these Toyota models “which may have certain manufacturer issues,’” said Asco Motors in a statement released on the South Pacific Stock Exchange. The Toyota FJ Cruiser 2013-2015 and the Toyota Corolla (ZRE172) Model – 2017-2019 have “Fuel pump issue” while the Toyota Fortuner and Toyota Hilux Model – June – Dec 2018  has an issue with “Brake Booster Part inspection and replacement.”

CFL completes 19 years on the SPX reaching an all time high market share price

CFL completes 19 years on the SPX reaching an all time high market share price CFL completes 19 years on the SPX reaching an all time high market share price Board Chairman William Parkinson. Communications Fiji Limited which is the parent company of Legend FM, FM96, Viti FM, Navtarang, Radio Sargam and fijivillage and is the South Pacific’s largest broadcast organisation has completed 19 years of listing on the South Pacific Stock Exchange. Board Chairman William Parkinson says at the time of listing, CFL offered 750,000 shares at $1 and now CFL has 3.558 million shares on issue with an all-time high market price of $6.22 which totals to a market value of $22.13 million.

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