Fiji, ADB ink loan and grant deal

Fiji, ADB ink loan and grant deal

Fiji has signed a loan and grant agreement with the Asian Development Bank (ADB) in November to enhance the country’s infrastructure and economic resilience. The agreement, valued at $199.5 million, aims to fund the replacement of critical bridges on Viti Levu,...
TLTB to establish Resource Owners’ Bank

TLTB to establish Resource Owners’ Bank

The iTaukei Land Trust Board (TLTB) announced the establishment of the Resource Owners’ Bank, aimed at empowering local resource owners by providing better access to financial services. The bank is set to be operational by mid-2025. The iTaukei Land Trust Board (TLTB)...
Fiji eyes investment route to drug rehab

Fiji eyes investment route to drug rehab

The Fijian government last month announced a bold initiative aimed at addressing the growing issue of substance abuse by encouraging private sector investment in drug rehabilitation centres. The initiative offers a 13-year tax holiday to businesses that invest in...
Fiji’s plastic pollution battle needs investment

Fiji’s plastic pollution battle needs investment

Fiji is grappling with a significant plastic pollution crisis, impacting both its terrestrial and marine environments. A substantial portion of this pollution originates from external sources, with ocean currents carrying debris from as far afield as South Africa and...