Page 35 - IB May 2018 Edition

Business Intelligence

- Upgrade of informal settlements
(F$2.8m)
SOUTH PACIFIC STOCK EXCHANGE (SPSE) MARKET U[DATE
Full story: https://www.islandsbusi-
ness.com/breaking-news/item/2061-fiji- Company Year To Date 15 Mar 2018
pins-435-million-on-green-bonds.html Share Price Share Price Gain/Loss No. of Volume Value
(15/03/2018) (15/02/2018) (%) Trades Traded Traded
PNG company slams ban on plastics
Port Moresby, Papua New Guinea Atlantic & Pacific Packaging 1.15 1.15 0.00% 3 15,650 17,998
Company Ltd (APP)
-- One of the companies involved in the Amalgamated Telecom
import and manufacture of plastic shop- Holdings Ltd (ATH) 2.28 2.26 0.88% 43 69,145 145,156
ping bags in the country has described Communications Fiji Ltd (CFL) 4.72 4.72 0.00% 1 880 4,154
the government’s proposed ban as “pre- Free Bird Institute Ltd (FBL) 3.00 3.00 0.00% 13 99,219 269,080
mature and inappropriate.” The ban on Future Forests Fiji Ltd (FFF) 0.79 0.79 0.00% NO TRADES
both non-biodegradable and biograd- FijiCare Insurance Ltd (FIL) 1.19 1.19 0.00% 1 24,663 29,349
FMF Foods Ltd (FMF)
51,678
4.92%
42,275
1.22
1.28
5
able plastic bags was announced by the Fiji Television Ltd (FTV) 2.20 2.16 1.85% 21 55,000 115,444
Minister for Environment, Conservation Kinetic Growth Fund Ltd (KGF) 0.63 0.63 0.00% 4 50,771 29,852
and Climate Change John Pundari. He Paradise Beverages Fiji Ltd (PBF) 13.00 13.00 0.00% 16 60,927 792,051
is giving a one-month grace period for Pleass Global Ltd (PBP) 2.28 2.28 0.00% 8 10,900 23,713
everyone to fully comply with the ban. Pacific Green Industries Fiji Ltd (PGI) 1.08 1.00 8.00% 1 1,500 1,620
Lams Trading Ltd, which has two environ- RB Patel Group Ltd (RBG) 4.38 4.36 0.46% 8 7,710 33,311
The Rice Company of Fiji Ltd (RCF)
4.13
4.13
1
5,105
0.00%
1,236
ment permits to manufacture and import Toyota Tsusho (South Sea) Ltd (TTS) 4.90 4.90 0.00% 2 713 3,494
plastic shopping bags raised its concern VB Holdings Ltd (VBH) 6.00 5.75 4.35% 7 378,720 1,728,303
that the Conservation and Environment Vision Investments Ltd (VIL) 3.25 3.15 3.17% 35 45,361 138,927
Protection Authority had not consulted Fijian Holdings Ltd (FHL) 5.25 5.20 0.96% 86 90,225 465,563
permit holders about the ban. General BSP Convertible Notes Ltd (BCN) 8.60 8.60 0.00% 7 1,715 14,665
manager Tony Sham said the government TOTALS 262 956,610 3,869,461
was “only trying to shift its failure of not
implementing the regulation on the ban Port Moresby Stock Exchange CURRENCY RATES
on the imports, manufacture and use of
non-biodegradable plastic shopping bags Equity Listed Companies AUD$ NZ$ USD$ Euro UK Yen
effectively” since the regulation came into Code Bid Offer Last Fijian $1 0.64 0.68 0.48 0.39 0.34 52.89
effect in 2014. - Pacnews BSP 9.78 0 9.76
CCP 0 1.55 1.5 PNG Kina $1 0.40 0.43 0.30 0.25 0.22 33.58
CGA 0 0.12 0.12
Climate tax campaign launched COY 0 0 0.05 Samoa Tala $1 0.51 0.55 0.38 0.32 0.27 42.49
London, United Kingdom -- The Climate CPL 0 0 0.65 0.66 Solomons $1 0.16 0.17 0.12 0.10 0.09 13.87
0.2
0.25
HIG
Damages Tax Campaign was launched at IDC 0 0 0 Tonga Pa’a $1 0.58 0.62 0.43 0.36 0.31 47.92
a side event alongside the CHOGM Pre KAM 0 0.89 0.94
Meetings and the Commonwealth People’s KPL 0 2.46 1 0 0.3 Vanuatu Va $1 0.01 0.01 0.00 0.00 0.00 1.00
2.46
KSL
Forum in London last month. Speaking NCM 50 57.5 50 Aud $1 1 1.06 0.75 0.62 0.54 82.46
at the event, Pacific Islands Association of NGP 0 0.66 0.65
NGOs (PIANGO) Executive Director, Emele NIU 0 0 0.02 NZ $1 0.93 1 0.70 0.58 0.50 77.16
Duituturaga, welcomed the initiative in OSH 18.68 0 0 18.8 US $1 1.29 1.41 1 0.82 0.71 109.18
0
5
SST
referring to the recent devastating and Pacific France 100 0.01 0.01 0.01 0.00 0.00 1.08
damaging floods in Vanuatu, Fiji, Tonga Prices updated as of 2018/04/26.
and Samoa earlier in the year. Duituturaga All prices are in PNG Kina (PGK). Market rates from www.xe.com as at April 27, 2018
said: “While we have joined other cam-
paign to keep fossils in the ground, taxing coconut industry in the Pacific. This was Vanuatu signs 11th EDF
major polluters must also be considered. highlighted in a meeting in Nadi where Brussels, Belgium - Vanuatu’s Prime
Extensive, devastating, catastrophic loss representatives from 14 Pacific Island
and damage at astronomical proportions countries attended a training workshop Minister, Charlot Salwai Tabimasmas has
never before felt or imagined has become on coconut production and seeds systems. signed the 11th EDF agreement with the
our new norm. Some of the losses are According to the leader of the Pacific Com- EU with funding support for Vanuatu
totaling Euros 41 million (USD49.50m)
economic and easy to quantify (damage munity’s (SPC) Coconut Industry Develop- under its national indicative programme
to infrastructure) and others cannot be ment for the Pacific (CIDP) project, Naheed
quantified (loss of life, culture, identity, Hussein, the project worked closely with (NIP) at the EU Commission. Primary
sovereignty) which are irreversible.” – small-scale producers who were engaged sector development is the key prior-
Pacnews in the coconut value chains. “Under the ity sector earmarked under the funding
programme. Vanuatu’s 11th EDF aims to
10th European Development Fund, the support poverty reduction and improved
EU allocates €4m for Pacific project European Union has allocated FJ$10m to livelihoods through equitable and broad
Nadi, Fiji - About 4 million Euros assist the growth of the coconut industry based sustainable economic growth of the
(USD4.83m) has been allocated by the in the Pacific through this project which rural economy. - Pacnews
European Union to assist the growth of the SPC is implementing,” he said. - Pacnews
Islands Business, May 2018 35