309 articles tagged "economy"
The Fijian economy is on track to grow for the fourth consecutive year in 2025 by 3.4 percent, following a 3.5 percent expansion in 2024. The growth forecast is revised up marginally from the 3.2 percent projected
A memorandum of understanding for the Tax Crime Taskforce has been signed today by FRCS along with eight other key agencies, including the Fiji Police Force and FICAC, to enhance transparency and safeguard the integrity
Consumption activity remains strong so far into the year in Fiji fuelled by higher disposable income and steady remittance inflow. The Reserve Bank of Fiji says in the year to August, net Value Added Tax collection
The Reserve Bank of Fiji has transferred a record $146 million in profit to the Fijian Government for the 2024–2025 financial year. RBF Governor Ariff Ali says since the government is the Bank’s sole shareholde
Deputy Prime Minister and Finance Minister Professor Biman Prasad has announced bold measures to boost Fiji’s growing film sector, underscoring that the industry is a key element of the government’s economic diversi
Household income increased this year for 68 percent of families, compared to 71 percent last year while it has been stated that 65 percent of families have been forced to change shopping habits by buying only essentials
Deputy Prime Minister and Minister for Finance, Professor Biman Prasad has expressed the Government’s deep appreciation for the Fijian diaspora’s continued support. While meeting with a large gathering of the F
MCC says that as a close ally and partner on shared priorities, Fiji also represents an emerging economic hub for American businesses. Christopher Landau, Deputy Secretary of State and Acting Chair of the MCC Boar
A new mega port is to be built at the Rokobili Terminal in Suva and will handle up to 250,000 containers (TEUs) and help us grow beyond the year 2035. Prime Minister Sitiveni Rabuka stated this after receiving a di
The 2025/2026 National Budget is short-sighted, debt-heavy, and dangerously out-of-touch with the real needs of the Fijian people. While opposing the budget, Opposition Member of Parliament Hem Chand strongly criti
Following the announcement of investments underway in 177 projects valued at $5.8 billion, prominent businessman Ram Bajekal says these are sort of numbers that were bandied around in the past but they were very skeptic
The Household Income Survey for 2025/2026 is expected to be completed by March next year. Chief Statistician of the Household Survey Division Poasa Naimila says to make the work more manageable, the survey has been
68-year-old Osea Vutikalulu says cocoa farming is a business that has rarely been practiced in Fiji in recent years, and it is a source of income that needs to be revived. While speaking to fijivillage News during
People can hope for some relief as Deputy Prime Minister Professor Biman Prasad says in the upcoming National Budget, they will explore further measures to alleviate cost-of-living pressures—especially those aimed at
Fiji and Switzerland have the lowest interest rate of 0.25 percent. According to the Visual Capitalist, Venezuela has the highest interest rate of 59.4 percent as the country continues to battle high inflation.
The shadow economy, also known as the black economy, is estimated to be nearly a billion dollars annually, representing a significant loss in tax revenue that fails to reach government coffers. The shadow economy r
Unfortunately, people like Opposition MP Alvick Maharaj and former Minister for Economy Aiyaz Sayed-Khaiyum continue to lie thinking that it will improve their political fortunes and people who bankrupted their own poli
Fiji’s inflation rate dropped to -0.9 percent in April 2025, marking the lowest monthly rate since May 2021 and a significant decline from 7.1 percent recorded in April 2024. The Fiji Bureau of Statistics says th
Fiji is not just adapting to change but helping to shape the future of our region. Deputy Prime Minister and Minister for Trade, Manoa Kamikamica highlighted this while laying out a compelling vision for Fiji’s e
As people will have a chance to give their opinions on the National Budget, the Deputy Prime Minister and Minister for Finance, Professor Biman Prasad has had discussions with private sector stakeholders on the governme
