The news magazine of the South Pacific · since 1930

Pacific Islands Monthly, 1 May 1959Vol. XXIX, No. 10

Money for Fiji

p. 73 · Read in the full issue

Now its Singapore Money for Fiji

he arrival in Fiji of a irte r-million of Singapore ley for investment through Grand Pacific Hotel has sed quite a stir in the king department of Suva Business. itherto, the money which developed Fiji has come er from Britain, through irnmental loans; from big Corporations of Aus la, whose finances really ■inate the British Colony; rom New Zealand, through itutions like Bank of New land and Union SS Co. In nt years, a certain amount apital also has arrived from a.

'le introduction of Singapore ley is a new factor, of con rable interest. Chinese ionaires generally dominate great British financial cture operating in Malaya, mpore, North Borneo and some degree) Indonesia ; one of them, is the back -3 of the Cathay Organisa and, therefore, of the GPH.