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
Tag: Economy
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
Lami Kava significantly drops retail price of grog
Lami Kava has confirmed that a baby mix or 50 grams of grog which earlier cost $7 is now $5 while a 100 grams or Kota pack which was $14 is now $10. The company has als
PM opens new $6.3 million Rakiraki Market
Prime Minister, Voreqe Bainimarama has officially opened the new $6.3 million Rakiraki Market. Bainimarama says the market will have around 320 stalls with 30 beds whi
RBF says overall labour market conditions have worsened
The Reserve Bank of Fiji says overall labour market conditions have worsened with further announcements of layoffs. In its Economic Review for the month of May, the RB
The government now has a huge focus on offshore borrowings – AG
Minister for Economy, Aiyaz Sayed-Khaiyum confirms that the government now has a huge focus on offshore borrowings when asked by National Federation Party Leader, Profess
FTUC condemns contract terminations but Fiji Airways says all applicable laws were adhered to
Fiji Trades Union Congress National Secretary Felix Anthony says the termination of the contracts of 758 Fiji Airways employees have come without notice nor does it appea
Fiji Airways to make formal statement today after some workers report that more than 700 workers have been asked to go home
Fiji’s international carrier, Fiji Airways will release a formal statement later today as reports are coming in from the workers that more than 700 airline workers
A consumer can apply for a restructure in their credit if they are unable to make repayments – Consumer Council
The Consumer Council of Fiji is urging people to contact them through their National Consumer Helpline toll-free number on 155 if they require assistance for debt restruc
New Nasinu Laqere Market officially opened for over 92,000 residents
The new Laqere Market in Nasinu has been opened by Prime Minister Voreqe Bainimarama to cater for more than 92,043 people of Nasinu. The Prime Minister says the market i
PM opens the new Laqere Market in Nasinu
Prime Minister Voreqe Bainimarama has opened the new Laqere Market in Nasinu. While opening the market, Bainimarama says the $7.2 million project has 459 vendor stalls
Grog exports increase from 2015 to 2019 but are there signs of oversupply and a reduction in retail price
Grog exports have continued to increase from 2015 to last year however there are also indications that grog farmers are now getting $50 to $60 for a kg of grog compared t
8 new jobs at new S Nagindas Shop in Savusavu
Eight new jobs have been created and more than a quarter of a million dollars has been injected into the economy following the opening of a new S Nagindas Shop in the hea
We are looking for a solution as there is a shortage of vegetables and prices have increased – Dr Reddy
Minister for Agriculture Doctor Mahendra Reddy says the ministry knows that there is a shortage in vegetable supply in the last 4 weeks and the supply issue will remain g
Consumer Council seriously concerned with exorbitant local vegetable prices
The Consumer Council of Fiji is now seriously concerned with the exorbitant local vegetable prices in municipal markets around the country. Following the complaints, a
AG to present COVID-19 supplementary budget to parliament at 7:30pm today
Attorney General and the Minister for Economy, Aiyaz Sayed-Khaiyum will present a COVID-19 Supplementary Budget to parliament at 7.30 tonight. Sayed-Khaiyum says they
No shortage of fuel as fuel supplies are coming in - AG
Attorney General and Minister for Economy Aiyaz Sayed-Khaiyum says there is no shortage of fuel as the fuel supplies are coming in. Sayed-Khaiyum says in terms of impo
PM to make announcement following the confirmation of the first case of COVID-19 in Fiji
Prime Minister, Voreqe Bainimarama will make an announcement soon following the confirmation of the first case of COVID-19 in Fiji.As earlier highlighted on Legend FM New