500 people recruited through govt’s Stronger Together Job Support scheme
About 500 people have already been recruited via the Government’s Stronger Together Job Support Scheme. They have been hired by more than 20 companies that have
Tag: Economy
Agriculture contribution to the GDP has averaged around 4.2% in the last 5 years – Koya
For the past 5 years, agriculture contribution to the Gross Domestic Product has averaged around 4.2% and in 2019, agriculture contributed around $725.8 million. This
Survey to gain a better understanding of the financial situations of different segments of Fiji begins
The Reserve Bank of Fiji in partnership with the Fiji Bureau of Statistics, the United Nations Capital Development Fund managed by the Pacific Financial Inclusion Program
Cane farmers want Clark to be removed - Chaudhry
National Farmers Union General Secretary, Mahendra Chaudhry says angry cane farmers are demanding the removal of the FSC CEO, Graham Clark and senior management following
$300 million drop in earnings from tourism for June 2020 quarter compared to the March quarter
The June quarter earnings for tourism for Fiji was $300 million or 98.6% lower than the amount recorded for the March quarter of 2020. The Fiji Bureau of Statistics sa
15 businesses close in Sigatoka while some businesses get into selling liquor and transporting vegetables
About 15 businesses in Sigatoka Town have closed and more are showing signs of closure by the end of the year, four businesses have changed their business activity while
29,000 employed by FCEF members - unemployed or on reduced hours
29,000 people who were employed by members of the Fiji Commerce and Employers Federation have lost their jobs or are working on reduced hours post-COVID-19. Fiji Comme
Chaudhry maybe bitter about what Fiji Airways has achieved - AG
Minister for Economy, Aiyaz Sayed-Khaiyum says former Prime Minister, Mahendra Chaudhry may be bitter about what Fiji Airways has achieved after realizing an objective Ch
$800 for a tonne of rice in the country - Dr Mahendra Reddy
Minister for Agriculture Dr Mahendra Reddy has encouraged sugarcane farmers to complement their farm income and set aside one or two acres of land for rice production sin
Between 82,000 to 110,000 Fijians expected to fall below the poverty line – UN Women
A recent UN socio-economic impact assessment has found that the national poverty rate in Fiji is expected to increase where an additional 50,453 to 82,694 people are expe
HFC Bank working with auditors to understand the real risk and provisioning required for doubtful debts
The CEO of HFC Bank, Rakesh Ram says they are working with their auditors to understand the real risk for only Fiji owned commercial bank and the real level of provisioni
$30.6m injected into Fijian economy through World’s Toughest Race: Eco-Challenge Fiji production
About $30.6 million was injected into the Fijian economy through the production of the World’s Toughest Race: Eco-Challenge Fiji in September last year. Ministe
Tropik Wood will soon export $6 million worth of woodchips to China
Tropik Wood Industries Ltd will soon export $6 million worth of woodchips to China. Board Chair, Ratu Wiliame Katonivere says they explored their China market and succ
Total Fiji to invest $8 million in its business and re-opens Lautoka Service Station today
As many businesses are struggling to sustain themselves, Total Fiji has made an investment of $8 million for plans they will be rolling out in the next few months. Dur
Fijian economy projected to contract by 21.7% – Ariff Ali
The Fijian economy is projected to contract by 21.7 percent in 2020 which is the most severe contraction in our modern history. The Chairman of the Macroeconomic Commi
RBF says labour market conditions worsen while consumption and VAT collections continue to contract
The Reserve Bank of Fiji states that overall labour market conditions have worsened due to the weakening domestic economy.The RBF says a total of 85,959 FNPF members rece
Fijian economy anticipated to contract severely this year - RBF
The Reserve Bank of Fiji says the Fijian economy is anticipated to contract severely this year due to the significant decline in tourism activity and its knock-on effects
More than 120,000 Fijians expected to benefit from additional funds made available by the Australian govt
More than 120,000 Fijians are expected to benefit from the $10.7 million that has been made available today by the Australian Government to the Fijian Government. Thes
We cannot drop our guard after all COVID -19 patients were cleared – Doc Waqainabete
Health Minister Doctor Ifereimi Waqainabete says even though all the COVID-19 patients in Fiji have been cleared, we cannot drop our guard. Waqainabete says we all hav
With up to 40% of our GDP dependent on Tourism, our full recovery will be measured, not in months, but in years – PM
Prime Minister Voreqe Bainimarama says in the coming months, COVID-19 will trigger financial decisions that have the potential to reshape the world as we know it. Whil
Rakiraki Bus Stand Project now on its design phase - Premila Kumar
Minister for Local Government, Premila Kumar says that the Rakiraki bus stand project is now on its design phase. Kumar says upon completion, the new Rakiraki Bus Stan