SPSE - South Pacific Stock Exchange

Companies such as FijiCare Insurance Limited, Foster’s Group Pacific Limited, Amalgamated Telecom Holding Limited, R B Patel Group Limited and Toyota Tsusho (South Seas) Limited are all companies that are listed on the South Pacific Stock Exchange. The South Pacific Stock Exchange, or SPSE, is located on the Fiji Islands and aim to become the most prominent stock exchange in the South Pacific. The SPSE is supported by a Central Share Registry facility. It is a software program that was developed for the South Pacific Stock Exchange, by Pro Systems (Pacific) Limited. The Central Share Registry was designed specifically for shareholders that have various holdings in different companies. The system allows them to consolidate all the shareholders’ stocks. equities and securities in a single statement. The Central Share Registry offers receiving, issuing and printing share certificates, maintenance of register, share transfers, new shareholder registration, general enquiries, share splits, IPO’s, validation of share transfers, processing of share transfers, dividend redistribution and distribution of dividends by cheque, TT’s, TMO’s and direct deposits. The South Pacific Stock Exchange aims to educate the public in regard to equities, investing, capital markets and dual benefits. They want to attract companies to list on the SPSE by building confidence in investors, offering a competitive, strong and secure market and taking care of the members and companies that are already listed on the SPSE. The delivery of an efficient service, attention to detail and true commitment are the core goals that are focused on by the South Pacific Stock Exchange.

Over the last few years, the economy on the Fiji islands have seen both good and bad time periods, but with its positive labor force, an increasing tourism industry and the presence of minerals, there is great hope for these islands. Unfortunately, the coups and poor civil service has led to nervous investors, frightened visitors and an unstable economy. To date, the most important export product from Fiji, has been sugar. However, the life of the sugar industry is at risk, as they receive no support and their lease agreements are expiring. If no assistance is given to this industry, it will no longer exist by 2008, and there is no replacement industry. The crime in Fiji is rising, hospitals are drowning due to lack of staff and corrupt politicians hamper the progress of these beautiful islands.

The agricultural sector produces coconuts, sassava, sweet potatoes, cattle, horses, pigs, fish goats, rice and of course sugar cane. Clothing, gold, lumber, silver and copra are produced by the industrial sector. The biggest trading markets for Fiji are Samoa, New Zealand, the United States, Japan, Singapore, the United Kingdom and Australia. Products such as molasses, coconut oil, garments, sugar, fish and timber are exported, while products such as chemicals, food, transport equipment, machinery, petroleum products and manufactured goods are imported.

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