Government is taking bold action to uplift the business sector - PM

Government is taking bold action to uplift the business sector - PM

By Naveel Krishant
Monday 18/11/2019
[Photo:Fijian Government]

Prime Minister Voreqe Bainimarama says government is taking bold action to uplift the business sector and work closely with their partners to improve Fiji's ease of doing business ranking with the World Bank.

Bainimarama told the people present at the Prime Minister's International Business Awards while the methodology of this ranking has shown its flaws, and certainly has not reflected how businesses like those present at the awards on Saturday have thrived in Fiji, it is important we fight any perception that Fiji is nothing less than fully open for business.

The Prime Minister says just this month, Fiji held a workshop on digital identification which paves the way towards cashless transactions and new market opportunities for new and existing Fijian businesses.

He further says earlier this year, the Reserve Bank of Fiji launched an online Personal Property Securities Registry, which makes it easier for our people to use their assets as collateral to secure loans.

He adds that means access to finance has gotten easier, allowing our people and our businesses, particularly our small and medium sized enterprises, to make more efficient, lower-cost investments.

Bainimarama says the new bizFIJI portal has already brought unprecedented transparency to the processes of starting a business and obtaining a construction permit.

The Prime Minister says budding entrepreneurs and longstanding businesses alike are already feeling these improvements.

He adds these progressive steps have all come past the World Bank’s April 30th deadline for consideration in the 2020 Ease of Doing Business Rankings and they fully expect these achievements and others currently in the pipeline, to be considered in the 2021 Ease of Doing Business index and in later years.

FEATURE NEWS
Human bones found near Sigatoka resort
Bones of two humans have been found near a resort in Sigatoka. Police confirm resort workers were digging a drain when they discovered the bones. ...
5 minutes ago
LATEST NEWS
4.15 tonnes meth bust: Justin Ho and others PTC set for April 7
The Pre-Trial Conference for Justin Ho and others, charged in relation to the $2 billion methamphetamine bust in Nadi involving 4.15 tonnes, will be ...
3 minutes ago

Paradise Beverages renews partnership with Leadership Fiji, selects brewer for 2025 cohort
Paradise Beverages has renewed their partnership with Leadership Fiji as Jiujiuwa Uluiqalau, Supervisor Brewing, will represent the company in the ...
1 hour ago

NFA signs agreement with M-PAiSA for easy payment of NFA services
People will no longer have to pay cash for the National Fire Authority services after signing an agreement with Vodafone Fiji to adopt their M-PAiSA ...
2 hours ago

Army Commander attend senior military leaders retreat in Auckland
Army Commander, Major General Jone Kalouniwai and Force Sergeant Major Warrant Officer 1 Joeli Rabuli successfully concluded the 2025 Tōtara ...
3 hours ago

Special Constable allegedly found with 40kg of marijuana to take plea on 16th April
Special Police Constable, William McKay who was allegedly found in possession of 40.07 kilograms of marijuana at his Raiwaqa home, has had his case ...
3 hours ago



fijivillage Straight Talk with Vijay Narayan
Latest Videos

Stay tuned for the latest news on our radio stations

CFL radio frequencies
yb
IN DEPTH
Reverend Tugi on fijivillage Straight Talk With Vijay Narayan
Watch the General Secretary of Fiji Evangelical Fellowship, Reverend Simione Tugi on fijivillage Straight Talk With Vijay ...
19 days ago

fijivillage Straight Talk with Vijay Narayan and William Parkinson
Chairman of Communications Fiji Limited, parent company of FM96, LegendFM, VitiFM, Navtarang, Radio Sargam, fijivillage and PNGFM, William Parkinson ...
20 days ago

fijivillage Straight Talk with Vijay Narayan and Adi Tulia Nacola
The candid interview focuses on Nacola, coming from a chiefly family and being a daughter of a Minister who was ousted in the 1987 military coup, her ...
20 days ago

TOP