Environment and Climate Adaptation Levy and Service Turnover Tax should be suspended - Nur Bano Ali
More than 7,000 applications received for concessional loans for Micro, Small and Medium Enterprises

Environment and Climate Adaptation Levy and Service Turnover Tax should be suspended - Nur Bano Ali

More than 7,000 applications received for concessional loans for Micro, Small and Medium Enterprises

By Dhanjay Deo
17/07/2020
President of the Fiji Chamber of Commerce and Industry Nur Bano Ali

The President of the Fiji Chamber of Commerce and Industry, Nur Bano Ali confirms they have supported the submission from the Tourism Industry that Environment and Climate Adaptation Levy and Service Turnover Tax should be suspended for a while.

Ali says ECAL is an additional burden for businesses as we go through these extraordinary times.

She says businesses are looking at reducing costs and they are in survival mode.

Ali says they have submitted that ECAL should be looked at with a lot of business interest at heart and they hope the focus of the 2020/2021 National Budget will be to reduce the cost of the businesses.

Ali says the Chamber plans to meet with Association of Banks in Fiji and work on strategies and options available to ensure the the loan deferment for businesses is extended for another six months particularly for the survival of small and micro businesses.

Ali also reveals that more than 7,000 applications have been received for concessional loans for Micro, Small and Medium Enterprises that the government had put out.

She says there will a substantial amount of money that will be paid to small and micro businesses and they will then spend the money which will circulate in the economy.

Ali adds that government will need to support businesses as without businesses there will be no economy.

FEATURE NEWS
Pregnant woman hospitalised after alleged cane knife attack by husband in Waiqanake
A woman is admitted in hospital after she was allegedly struck with a cane knife by her drunk husband in Waiqanake Village, Rewa. Police say the ma...
41 minutes ago
LATEST NEWS
Ba Rugby welcomes Sportsworld into their family
Ba Rugby just received a boost as Sportsworld signed an agreement this week to become the Official Match Ball Sponsor of the Ba Rugby Union. Ba ...
25 minutes ago

‘Superman’ smashes box office expectations, soaring towards US$130 million opening
It’s not a bird or a plane — it’s the latest “Superman” movie soaring towards the top of the box office. Warner Bros. Pictures’ ...
49 minutes ago

Human Rights Commission urges thorough investigation into temple desecration
Following the desecration of the Sanatan Shiv Mandri in Samabula, the Fiji Human Rights and Anti-Discrimination Commission is urging the Fiji Police ...
1 hour ago

Calls made for stronger government focus on AI as concerns raised over Fiji’s preparedness
Concerns have been raised about the lack of preparedness in Fiji for the fast-growing impact of artificial intelligence, with a call made for the ...
1 hour ago

Police psychologist Nicholas Fuata helps over 100 overcome suicidal thoughts
Fiji Police Psychologist Nicholas Fuata has personally assisted over 100 clients in overcoming suicidal ideation and attempts. Following the ...
1 hour ago



fijivillage Straight Talk with Vijay Narayan
Latest Videos

Stay tuned for the latest news on our radio stations

CFL radio frequencies
IN DEPTH
Professor Prasad on fijivillage Straight Talk With Vijay Narayan
The show will focus on the 2025/2026 National Budget.
4 days ago

Tui Nayau and Tui Lau Installation
The ceremony for the installation of the Tui Nayau Sau ni Vanua o Lau will be held tomorrow, while the installation ceremony of the Tui Lau will be held in Tubou on Thursday.
6 days ago

CFL 40th Birthday
CFL’s 40th Anniversary celebrations to culminate with free concert at Albert Park on ...
9 days ago

TOP