Fiji has over 50,000 registered businesses, with 72 percent potentially classified as MSMEs, a figure that could be higher when considering the informal sector.

Tourism Fiji Chief Executive Brent Hill says the tourism sector is experiencing a significant boost.

The Ministry for Trade, Micro Small and Medium Enterprise highlights the government’s commitment to developing a comprehensive ecosystem to support MSMEs.

Inward remittances are projected to grow by 10.1 percent, reaching $1.39 billion by the year’s end, despite the challenges posed by increased emigration.

All pensioners that reluctantly opted for a reduced pension rate, will have their pension restored effective from August 1st and moving forward.

The Fiji National Provident Fund will be paying the highest interest rate of eight percent in twenty years.

Finance Minister Professor Biman Prasad stresses that the government wants a tax and fiscal policy that provides certainty and confidence to the businesses and the private sector.

Fiji Airways keeps soaring new heights as it has announced it will join American Airlines’ award-winning AAdvantage travel rewards programme – a move set to benefit Fiji’s tourism sector whilst providing additional travel perks for passengers.

The Suva Retailers Association is hopeful that the 2024–2025 budget will have provisions in favour of the business community.

Former Governor of the Reserve Bank and Leader of the Unity Fiji Party, Savenaca Narube, emphasizes the need for a bold and transformative approach in the upcoming national budget.

Trade Minister Manoa Kamikamica has predicted a construction boom towards the end of the year and into the next.

The South Pacific Business Development aims to expand its loan portfolio beyond 20,000 customers and has requested financial support from the government.