Fijivillage
NEWS SPORTS IN DEPTH
30 March, 2026, 1:14 pm
Central - 29°C Rain
30 March, 2026, 1:14 pm Central - 29°C Rain

Hotels and resorts are empty but have to pay insurance premiums – Sayed-Khaiyum

Hotels and resorts are empty but have to pay insurance premiums – Sayed-Khaiyum

By Dhanjay Deo
25/05/2020
Minister for Economy Aiyaz Sayed-Khaiyum

Minister for Economy, Aiyaz Sayed-Khaiyum says during the COVID-19 situation, the only certainty we have is the uncertainty.

He made this comment while speaking on the debate on Reserve Bank of Fiji Insurance 2017 Annual Report where Sayed-Khaiyum stated that there is a big issue in the tourism sector where hotels and resorts are empty but they have to pay insurance premiums.


Sayed-Khaiyum says no revenue is being generated, however these hotels and resorts have to pay premiums.

Sayed-Khaiyum says some of the insurance companies are working with these businesses.

FEATURE NEWS
Fiji Airways reports a loss of $25M in 2024, primarily due to unrealised foreign exchange losses
The Fiji Airways Group reported a loss after income tax of $25 million in 2024, primarily due to unrealised foreign exchange losses of $83.5 million ...
1 hour ago
LATEST NEWS
Coffee drink laced with ingredients used in Viagra- Solomon Health Ministry warns
The Solomon Islands Ministry of Health has issued a public warning for men not to consume a Malaysian coffee drink after tests showed it contained ...
2 minutes ago

Trust your mother's instincts - Victoria Taria shares son’s fight with cancer
Trust your mother's instincts; if your child is unwell and you feel something is wrong, please take your child to the hospital. Early detection is ...
19 minutes ago

Many step forward to support CFL Foundation Charity Walk
An appeal is being made for people to support the CFL Foundation Charity Walk today and help raise money for children living with cancer and their ...
21 minutes ago

Communications Fiji Foundation Charity Walk draws strong support for children battling cancer
The CFL Foundation Charity Walk has drawn overwhelming support, with thousands donating to help children living with cancer. Senior Content Director ...
22 minutes ago

Bail variation hearing for Charters to reside in Hong Kong will be heard this Wednesday
The bail variation application for Fijian and British national Charlie Charters, seeking permission to reside in Hong Kong, will be heard on ...
49 minutes ago



Stay tuned for the latest news on our radio stations

CFL radio frequencies
IN DEPTH
Fiji Sports Council Saga: Minister ready to repay business class air fare for wife as concerns grow about Sports Council deals
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 ...
24 days ago

National Talanoa Session on Illicit Drugs in Fiji: 2,400 drug-related cases recorded in 2025
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 ...
31 days ago

Charlie Charters held at Nadi Airport because of a FICAC flag on his file
Fijian national, Charlie Charters is being held at immigration at Nadi International Airport because of a FICAC flag on his file.fijivillage News has ...
31 days ago

TOP