5 December, 2025, 5:25 pm Central - 27°C Clouds

Prof. Prasad emphasises vital role of SMEs in Fiji's economy

Prof. Prasad emphasises vital role of SMEs in Fiji's economy

By Iliana Biutu
05/04/2024

Micro, small, and medium enterprises are vital components of many economies, including Fiji's as they offer numerous job opportunities.

This has been highlighted by the Deputy Prime Minister and Minister for Finance, Professor Biman Prasad during the launch of the National Small and Medium Enterprise Awards 2023 in Suva this morning.

Professor Biman says SMEs are integral to the supply chain in any economy and it is very important to support them.

He also acknowledged the Fiji Development Bank’s role in assisting the MSME sector to thrive and to recognize them through awards.

Meanwhile, FDB Chief Executive Officer, Saud Minam says the awards eligibility criteria will be published on the FDB website soon.

FEATURE NEWS
Attorney General must work closely with the GCC on reform of native land laws - President
The principle of free, prior, informed consent or the requirement for effective consultations is crucial to the reform of our laws on native land and ...
19 minutes ago
LATEST NEWS
People's Fiji and Next Gen Alliance Party applications released for public objection
The Fijian Elections Office has confirmed the publication of applications from two proposed political parties.Speaking to the media, Supervisor of ...
4 minutes ago

$140,000 renovation project of Empower Pacific Counselling Centre aims to provide improved services
A $140,000 renovation project, funded through a donation by the Church of Jesus Christ of Latter-day Saints, has soft-launched the Empower Pacific ...
51 minutes ago

Tourism Fiji strengthens its engagement with operators in Vanua Levu and Taveuni
A platform for open discussion on opportunities, constraints, and pathways to improve tourism outcomes in Vanua Levu and Taveuni was the main focus ...
1 hour ago

Vou makes history as first Fijians to headline major NZ Arts Festival
A proud moment for Fiji’s creative industry is on the horizon, as Vou Dance Company prepares to make history on two of New Zealand’s major arts ...
2 hours ago

Family left homeless after house fire in Navicula Village, Korovou
A family is left homeless after a property fire completely destroyed their one-bedroom home in Navicula Village, Korovou, on Wednesday afternoon.The ...
2 hours ago



Stay tuned for the latest news on our radio stations

CFL radio frequencies
IN DEPTH
Fiji Law Society Convention 2025
There is a constant struggle that we seem to have in Fiji with upholding and respecting the rule of law, and in my view, I think it starts at the ...
7 hours ago

Tribunal case of suspended Commissioner of Corrections Dr Nakarawa
Tribunal proceedings for suspended Corrections Commissioner Dr Nakarawa are underway, focusing on allegations of misbehaviour during his tenure as ...
7 hours ago

Inspire Pacific Founder Ben Morrison and Peer Mentor Tikiko Tavualevu on fijivillage Straight Talk with Vijay Narayan
Pastor Ben Morrison and Tikiko Tavualevu on fijivillage Straight Talk with Vijay Narayan as they discuss Inspire Pacific’s specialised ...
1 day ago

TOP