Christmas has certainly come early for the Fiji Pine Group workers as they distributed a record‑breaking Christmas Bonus Payment of over $650,000, which is more than triple what was paid out this time last year.
This was highlighted by Prime Minister, Voreqe Bainimarama while officiating at the Christmas Bonus Payment in Drasa, Lautoka.
Bainimarama says the payment breaks down into $1,000 Christmas bonuses each for the hard-working staff at Fiji Pine and every cent of which is well deserved.
He says the success would not have been possible without the right leadership which has brought energy, commitment and dedication to the government’s vision for the development of Fiji's forestry industry.
Bainimarama says leadership has brought disciplined, prudent financial management and transparency to the organization, and instilled Fiji Pine with a spirit of partnership and collaboration with its management, landowners and workers.
He says not so long ago, in 2010, the Fiji Pine Group was facing catastrophe where there were no payments to shareholders, no profits and no bonus payments during the holidays.
Bainimarama says Fiji Pine has achieved record profits these past six years, and they have repaid over 60 million dollars in loans and built a foundation for sustained growth investing over 70 million dollars in strategic upgrades.
