Savusavu Market set to open in early January, with 200 vendor spaces
The much-anticipated Savusavu Market is scheduled to open in early next month, providing 200 vendor spaces for sellers from Savusavu and surrounding areas. Chair of th
Tag: Economy
Prof. Prasad highlights economy shows promising growth, but Kumar questions impact on ordinary Fijians
With over a billion dollars in support for vulnerable and disadvantaged Fijians, debt to GDP ratio at 75.4 percent percent at the end of October, higher remittance flows,
We are facing difficulties, the budget is there – Prof. Prasad
Deputy Prime Minister and Minister for Finance, Professor Biman Prasad admits that the coalition government is not implementing things on time in all ministries as expect
Remittance growth to slow as migration trends shift – ANZ economists
As the number of Fijians leaving the country to work in Australia and New Zealand is gradually slowing down, remittances is expected to stagnate by 2024-2025. This has
Fijian economy forecast to grow by 3.8%, an upward revision from the 2.8% earlier projected - Ali
The Fijian economy is now forecast to grow by 3.8 percent in 2024, an upward revision from the 2.8 percent projected in June this year. Chair of the Macroeconomic Comm
Audiovisual industry created $255.9M economic activity in 2023-2024 and employment for 1,268 Fijians - Kamikamica
The audiovisual industry created $255.9 million worth of new economic activity in 2023-2024 and generated employment for about 1,268 Fijians. Deputy Prime Minister and
Discussions focus on development in the global economy
Deputy Prime Minister and Minister of Finance Professor Biman Prasad met with the First Deputy Managing Director of the International Monetary Fund, Professor Gita Gopina
Singh defends ERA review process
Minister for Employment Agni Deo Singh says the Ministry has been actively consulting its tripartite partners on the Employment Relations Act review however, the Fiji Com
Yavusa Navakavu Development Trust secures over $93,000 grant from Drua Innovation Small Grant Scheme
In an effort to foster sustainable development within their community, the Yavusa Navakavu Development Trust in collaboration with the Global Green Growth Institute (GGG
World Bank’s $400M boost set to transform Vanua Levu - Rabuka
In an effort to bring development to where the people live, the World Bank is committing $400 million over the next decade through the Na Vualiku-Fiji Tourism Development
Fiji delegation to make position clear at COP29 about achieving finances needed for Loss and Damage Funds
The Fiji delegation to the 29th Conference of Parties (COP29) will be making their position very clear at the meeting about the Pacific Island countries including Fiji ou
Fiji aims to become rich in the next 25-30 years – Prof. Prasad
Fiji aims to become rich in the next 25 to 30 years, from a middle-income country and for us to do that, the participation of women in the economy whether in the labour f
Pay increments for civil servants and increase in salaries and benefits for MPs, President and Speaker from today
The increase in the National Minimum Wage by 50 cents to $4.50 comes into effect from today. This will be followed by a further increase to $5 per hour, effective from
National Development Plan to be implemented from 1st Jan 2025
Fiji’s National Development Plan 2025-2029 and Vision 2050 is currently being finalised. The plan is expected to be implemented from 1st January 2025. Cabine
Co-operatives are critical for development and crucial contributions to the economy – Kamikamica
Co-operatives are critical for development and crucial contributions to the economy as they help to sustain the livelihoods of women and young people. Deputy Prime Min
Will Govt debt hit $10.5B next month and $11B by July next year?
The management of government debt, and growing the Gross Domestic Product will be the key for the coalition government as it prepares for the delivery of the 2024/2025 Na
Govt has not moved quickly enough to improve immigration measures to bring in skills Fiji needs – Fiscal Review Comm
The Fiscal Review Committee says the government has not responded to the developments with urgency and flexibility that is needed relating to the debilitating loss of ski
No comments from FCCC on inquiry on pricing practice of the grocery sector
The Fijian Competition and Consumer Commission has not made any comments on the market inquiry into the pricing practice of the entire industry that began on the 1st of M
Fiji-NZ bilateral trade worth $1.36B – Prof. Prasad
Fiji is the only Pacific Island country to rank in New Zealand’s top 20 trading partners with two way bilateral trade reaching an unprecedented $1.36 billion last
Land utilisation and entrepreneurship vital for iTaukei economic growth - Prof. Steven Ratuva
It is important now to begin to look at how the iTaukei can engage in entrepreneurship apart from other ethnic groups as a cause of their source of socio-economic conditi
Fiji joins global effort to fight tax evasion
In a bid to combat tax evasion and ensure fair tax practices, Fiji has officially joined the Group of Twenty (G20)/ Organisation for Economic Co-operation and Development