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Digital transformation | Fiji Airports-CG TECH partnership aims to modernise business systems
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Digital transformation | Fiji Airports-CG TECH partnership aims to modernise business systems

Fiji Airports has partnered with Australian digital transformation consultancy CG TECH to deliver a major corporate digital transformation program aimed at modernising and enhancing its business systems. The program focuses on transforming systems and processes across key business functions, including finance, human resources, asset management, project management, and safety management. Fiji Airports chief executive officer [...]The post Digital transformation | Fiji Airports-CG TECH partnership aims to modernise business systems appeared first on The Fiji Times.

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Panama Canal Publishes Prequalification Documents for Port Initiatives and Energy Pipeline
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Panama Canal Publishes Prequalification Documents for Port Initiatives and Energy Pipeline

The Panama Canal Authority published today, the prequalification documents for two strategic initiatives. These include the development of an energy corridor pipeline and the construction of container port terminals on both the Atlantic and Pacific coasts. The publication represents a significant step forward in the process of selecting future concessionaires. The Prequalification Document and its ...

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ING Monthly: Europe’s Arnold moment – why strategy over spectacle matters
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ING Monthly: Europe’s Arnold moment – why strategy over spectacle matters

Lessons from Arnold A confession: I have always been a secret fan of Arnold Schwarzenegger. More than his acting career – the Terminator, Kindergarten Cop, even those dodgy Conan movies – it’s his entire trajectory that fascinates me. Schwarzenegger is living proof that, beyond superficial posturing, the combination of strong will and a clear strategy ...

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Eurozone GDP growth held steady in the fourth quarter as outlook improves
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Eurozone GDP growth held steady in the fourth quarter as outlook improves

GDP growth in the eurozone held steady at 0.3% quarter-on-quarter in 4Q 2025. This was slightly better than expected, as sentiment data had been more downbeat towards the end of the year. But accelerating growth in Germany, Spain and Italy, to a lesser extent, made up for slow growth in France. But the eurozone economy ...

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Spain’s economy ends 2025 with a bang
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Spain’s economy ends 2025 with a bang

A strong finish to 2025 The Spanish economy grew by 0.8% quarter-on-quarter in the final months of 2025, an acceleration from the 0.6% QoQ growth in the third quarter, and beating the consensus by 0.2 percentage points. The figure was hot enough to briefly overwhelm the servers of the Spanish statistical office this morning. Jokes ...

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Your dad's camera no more: Nikon wins younger consumers as non-phone imaging enjoys hip revival
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Your dad's camera no more: Nikon wins younger consumers as non-phone imaging enjoys hip revival

Head of Nikon Imaging Korea Jung Hae-hwan sat down for an interview with the JoongAng Ilbo at the Nikon Imaging Korea headquarters in southern Seoul on Jan. 20. [WOO SANG-JO] Nikon used to be considered a camera brand preferred by professionals and older segments of the market, yet in Korea, over 61 percent of its new mirrorless and Z Cinema line customers are Gen-Zs and millennials. At a time when smartphones advertise 200-megapixel cameras — more than professional mirrorless cameras — and use AI to perfect every shot, traditional cameras are booming among younger generations, with manual dials and controls paired with lenses and larger sensors. Cameras have now evolved from simple tools into "hip" accessories that signal personal taste. Jung Hae-hwan, CEO of Nikon Imaging Korea, explained this shift during an interview on Jan. 20. Jung took the lead of the Korean subsidiary of Nikon in 2019 and serves as the first Korean head of the company, which celebrates its 20th anniversary this year. "Smartphones once posed a major threat," said Jung at the Nikon Imaging Korea headquarters in Gangnam District, southern Seoul. "Now, the smartphone and camera markets have clearly differentiated." Jung said that more young people are drawn to the effort required to take a photo with a dedicated camera, rather than the perfect, seamless images produced by smartphones. Two cameras sat on Jung's desk: the Zf and Zfc. These heritage models draw inspiration from the FM2, a popular Nikon film camera from the 1980s. "The dials and buttons require manual operation, just like old film cameras, yet the internal functions are cutting-edge digital," Jung said. These products are hits among younger users who want analog aesthetics with digital convenience. Younger buyers are now Nikon's core demographic. The share of users in their teens, 20s, and 30s who registered mirrorless and cinema line products on Nikon's website rose from 31 percent in 2021 to 61 percent as of November 2025, according to Nikon Imaging Korea. While the 30s age group grew by 7 percentage points, the group 20 and under jumped from 7 percent to 30 percent. Notably, younger buyers account for 66 percent of sales for the "heritage line," referring to the Nikon Zf and Zfc, according to the company. Jung identified the pandemic as the turning point for this trend. "Social distancing limited outdoor activities," he said. "People began sharing their daily lives through SNS and YouTube vlogs." K-pop idols and celebrities also began using Nikon cameras more frequently, even when we didn't run extra advertisements. This changed the brand's image for teenagers. They no longer see Nikon as a relic for fathers, but as a hip brand. Spending habits have also shifted. Premium products priced between 2 million won ($1,380) and 3 million won now lead the market. In the past, budget models under 1 million won were the standard. High prices do not stop young buyers, according to Jung. "I realized the market had changed when young customers told me they could afford a camera," Jung said. "They noted that an iPhone and iPad combo costs even more." When Nikon opens pop-up stores in Seoul, people queue for up to 5 hours before opening to buy a limited-edition camera, according to Jung. The strategic importance of the Korean market is growing. While annual revenue stands at 40 billion won and operating profit at 1 billion won, Korea serves as a vital test bed for Nikon. The company even exported its Korean pop-up store model to other global branches. Jung wants to grow Nikon’s video presence in 2026. "The video industry has high entry barriers because of established brands," Jung said. "We will build our position by investing steadily in cinematic cameras." BY YI WOO-LIM [cho.yongjun1@joongang.co.kr]

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