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Examples
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HONG KONG, Sept 12 Reuters - Credit Suisse Group AG has appointed Dereke Seeto as head of flow financing in Asia-Pacific, the Swiss bank said in a statement on Monday.
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Seeto says, "When the parent company is in a chapter 11 situation there's enormous focus on working capital for every entity, but to the best of my knowledge New Zealand's working capital is intact."
Reseller News 2010
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"We are hoping this will widen the interest in tourism industry and add more activities of jet-ski," Seeto said.
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Seeto is optimistic that given Air Pacific's twice weekly direct flights between Nadi and Hong Kong, Fiji is in an ideal position to take advantage of China's economic power.
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According to Seeto, there are currently tour packages for investors going into New Zealand and Australia to buy homes, which Fiji could tap into.
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Seeto made the comment in response to the signing by the Fiji government of preliminary documents to a Fiji / Hong Kong Air Services Agreement (ASA) for the Air Pacific flights.
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According to Seeto, in the last two years alone, there was a 25 per cent increase in hotel beds and these need to be filled.
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"They've learnt the tricks that we have learnt," Seeto said, calling for an "a cohesive government-private sector approach".
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"But for them to come I'm certain they have done their homework and this means increased business and visitor arrivals to Fiji," Seeto said.
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Seeto says interest is building up as the Chinese New Year on February 14, 2010, looms.
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