18 Jan 2008

Two Fiji companies lay off workers

10:24 am on 18 January 2008

About 100 people have been laid off in Fiji by two local companies that are struggling to survive post-2006 coup period.

The Fiji Times paper says flour Mills of Fiji has closed down two milling factories and Fiji Fish Marketing Group has tied up four of its vessels.

Both companies say more job losses are inevitable in the upcoming months if nothing is done by the interim Government.

FMF Group of Companies chairman, Hari Punja, says they would be closing the rice and pea milling factories because of the impact the reduction in import duty for the two products had on their operations.

The company started sending people home from the beginning of the year.

Import duty on split peas reduced from 27 to 5 per cent and polished white rice from 27 to 15 per cent.