The ANZ's Chief Economic Asia Pacific said Fiji has to look for a long term solution for economic recovery.
He said Fiji's economic recovery remains weak although tourist arrivals from Australia have turned around.
In an Economic Summit at Suvas Holiday Inn yesterday Paul Gruenwald highlighted that inflation in Fiji continues to rise and has eroded some of the competitiveness gains from the devaluation.
He said Fiji needs a recovery in discretionary demand in its major trading and tourism partners in order for growth to pickup this year.
He has highlighted in his report that foreign reserves were 1.1 billion dollars at end of January this year equivalent to three and half months of imports.
This summit was attended by some well known economists from Suva as a similar Summit is expected to be organised in the West today.
The Swire Shipping Fijian Drua have finally reclaimed their Fortress in Lautoka after winning their first game of the season beating the Hurricanes 25...
13 hours ago
Israeli Defence Minister Israel Katz says his country launched a "pre-emptive" attack on Tehra, as the Israeli military say Iran has fired ...
10 hours ago
Tropical Cyclone Urmil is
expected to potentially intensify to Category 3 within the next 12
hours, however it is not expected to directly impact ...
13 hours ago
Good news for drivers across Fiji as fuel prices will decrease, while households will pay more for gas.
The new prices will take effect from ...
13 hours ago
Fiji Airways is closely monitoring the evolving weather conditions and all flights are currently operating as scheduled.They say the airline remains ...
14 hours ago
A Heavy Rain Warning is in force for all of Fiji, while a Flash Flood Alert is in effect for the Western Division from Sigatoka to Nadi, Lautoka, Ba, ...
14 hours ago
The illicit drug situation in Fiji has been described as a national emergency, with 2,400 drug-related cases recorded in 2025. Minister for Policing ...
2 days ago
Fijian national, Charlie Charters is being held at immigration at Nadi International Airport because of a FICAC flag on his file.fijivillage News has ...
2 days ago
I was invited to travel to New Zealand by the Fiji Sports Council for a grassroots 7s tournament in 2024, I travelled business class but it was ...
23 days ago
