Page 35 - IB July 2018

Business Intelligence - PACIFIC

or other, workplace dispute. “We’re mak-
ing sure temporary visa workers get the
information and protection they deserve,”
Minister for Industrial Relations Natalie SOUTH PACIFIC STOCK EXCHANGE (SPSE) MARKET U[DATE
Hutchins said. Year To Date 15 June 2018
Company
Share Price Share Price Gain/Loss No. of Volume Value
(15/06/2018) (15/05/2018) (%) Trades Traded Traded
2,000 to work in Australia ,New Zea-
land Atlantic & Pacific
TARAWA, Kiribati – Kiribati’s President Packaging Company Ltd (APP) 1.22 1.22 0.00% 4 17,150 19,828
Taneti Maamau says 2,000 people from Amalgamated Telecom
Tuvalu, Nauru including Kiribati will Holdings Ltd (ATH) 2.66 2.60 2.31% 80 123,050 284,709
15,880
76,454
be recruited in the Australian and New Communications Fiji Ltd (CFL) 4.82 4.72 2.12% 16 103,837 282,944
19
Free Bird Institute Ltd (FBL)
3.10
3.33%
3.00
Zealand major Pacific Labour Scheme Future Forests Fiji Ltd (FFF) 0.79 0.79 0.00% NO TRADES
scheduled to start in July, this year. Presi- FijiCare Insurance Ltd (FIL) 1.20 1.20 0.00% 10 6,186,961 6,809,019
dent Maamau said Kiribati has suitable FMF Foods Ltd (FMF) 1.36 1.31 3.82% 7 137,125 179,929
and potential workers for the scheme, Fiji Television Ltd (FTV) 2.38 2.30 3.48% 33 90,000 195,445
who have undergone various prepara- Kinetic Growth Fund Ltd (KGF) 0.62 0.62 0.00% 5 51,837 30,513
tory trainings conducted by the Ministry Paradise Beverages Fiji Ltd (PBF) 13.00 13.00 0.00% 24 73,099 950,314
0.00%
Pleass Global Ltd (PBP)
2.28
23,713
10,900
8
2.28
of Employment and Human Resources. Pacific Green Industries Fiji Ltd (PGI) 1.08 1.08 0.00% 1 1,500 1,620
He called for excellent commitment by RB Patel Group Ltd (RBG) 4.85 4.46 8.74% 24 21,128 94,296
I-Kiribati workers and wished them well The Rice Company of Fiji Ltd (RCF) 4.25 4.13 2.91% 2 4,336 18,280
in their various work areas. Toyota Tsusho (South Sea) Ltd (TTS) 4.90 4.90 0.00% 2 713 3,494
VB Holdings Ltd (VBH) 6.70 6.23 7.54% 17 409,065 1,918,910
Vision Investments Ltd (VIL) 3.35 3.30 1.52% 50 62,963 197,217
Vanuatu topping seasonal workers Fijian Holdings Ltd (FHL) 5.99 5.60 6.96% 460 139,276 736,924
PORT VILA, Vanuatu – Vanuatu is provid- BSP Convertible Notes Ltd (BCN) 8.79 8.70 1.03% 19 4,798 41,620
ing the biggest number of workers in the TOTALS 781 7,453,618 11,865,229
Pacific that are working under the seasonal
work schemes in both Australia and New Port Moresby Stock Exchange CURRENCY RATES
Zealand, says Patrice Koautonga, Compli-
ance Officer of Vanuatu’s Employment Ser- Equity Listed Companies AUD$ NZ$ USD$ Euro UK Yen
vice Unit. This year, he says up to 3,000 ni Code Bid Offer Last Fijian $1 0.63 0.69 0.48 0.40 0.35 53.39
Vanuatus will be recruited for work in the BSP 10.05 0 10.01
two countries. Koautonga says the num- CCP 0 1.5 1.5 PNG Kina $1 0.40 0.44 0.30 0.26 0.22 34.03
ber of seasonal workers on the ground in CGA 0 0 0.12 Samoa Tala $1 0.51 0.55 0.38 0.32 0.28 42.88
0
COY
0.05
0
Australia from January until May currently CPL 0 0.6 0.6 Solomon $1 0.16 0.18 0.12 0.10 0.09 14.19
stands at 1,170 workers and is growing. HIG 0.2 0 0.2
0
On the other hand, the numbers of work- KAM 0.4 0.87 0.94 Tonga Pa’a$1 0.57 0.62 0.43 0.36 0.32 47.85
0.4
0
KPL
ers from Tonga and Samoa have dropped KSL 2.47 0 2.47 Vanuatu Va$1 0.01 0.01 0.00 0.00 0.00 0.00
as employers are moving more to recruit- NCM 50 0 50 Aud $1 1 1.09 0.77 0.64 0.55 83.57
ing workers from Vanuatu. NGP 0 0.65 0.65
NIU 0 0 0 NZ $1 0.91 1 0.68 0.58 0.51 76.59
OSH 19.3 20 19.5
SST 0 0 5 US $1 1.32 1.45 1 0.85 0.74 111.10
French public servants assured Pacific France 1.30 1.42 0.98 0.83 0.73 109.4
PARIS, France - French public servants Prices updated as of 2018-07-04.
All prices are in PNG Kina (PGK).
working in the Pacific have been as- Market rates from www.xe.com as at July 7, 2018
sured that their indexed salaries won’t
be touched. The issue was raised in the
French National Assembly by a member
from French Guiana seeking clarification Movers & Shakers
of the Macron administration. The Over-
seas Minister Annick Girardin however af- Smith leads Fiji Water PR ence. Smith joined the Fiji Times as a
firmed that the current government won’t FORMER Fiji Television Limited CEO, cadet before moving to Fiji TV where he
curb the salaries of the 160,000 govern- Geoffrey Smith, has joined Natural rose through the ranks to become CEO.
ment employees working overseas. The Waters of Viti Limited as Director Pub- He is a regionally acclaimed documen-
indexed system allows for French public lic Relations. Smith worked for public tary producer and is passionate about
servants to earn up to double the salary relations firm George Rubine Ltd after the environment. The Director Public
of mainland France to help compensate quitting Fiji TV due to mounting board Relations position is a new post cre-
for the higher cost of living. Figures show pressure to sell critical commercial as- ated within the Fiji Water structure. Fiji
that the top-up in some territories is big- sets. He is expected to lead Fiji Water’s Water is an internationally renowned
ger than the higher cost of living, fuelling public relations team and will draw from brand with a factory in Yaqara on the
calls for public expenses to be adjusted more than 20 years of industry experi- northwest coast of Viti Levu.
accordingly.
Islands Business, July 2018 35