The Permanent Secretary for Economy Makereta Konrote says the 2020/2021 National Budget will be focused on creating more economic activity.
Konrote says one of the important aspects of a budget is to create an enabling environment for the private sector to be able to lead economic recovery after COVID-19.
Read MoreThe Housing Authority has received 334 applications for COVID-19 assistance. 220 applications are from the Central and 114 from the Western Division.
Read MoreThe Reserve Bank of Fiji states that overall labour market conditions have worsened due to the weakening domestic economy.
The RBF says a total of 85,959 FNPF members received around $54.2 million under the COVID-19 withdrawal scheme in phase one, while 15,920 members will be paid around $17.5 million in phase two over a period of 10 weeks.
Read MorePublic Rental Board Acting General Manager, Patrick Veu confirms that no one has been evicted from any of their flats during the COVID-19 period, however people who were earning more than $16,500 and have lost their jobs or are on reduced hours have been reconsidered to stay in their flats.
Read MoreLorraine Seeto, Senikavika Jiuta, Roveen Permal, Anabel Ali and Mohit Raj have been appointed as the new board members of the Public Rental Board and Housing Authority.
Read MoreHousing Minister Premila Kumar highlighted this while visiting the Natokowaqa PRB flats in Lautoka earlier this week.
Kumar says they have found out that these tenants’ income threshold is higher and they do not qualify to stay in these flats.
Read MoreThe Revitalization of Informal Settlements and the Environment programme hopes to expand its current operations across the country.
Coordinator Isoa Vakarewa says the programme begins its operations in identifying the need for proper sanitation, waste management and hygiene at informal settlements last year.
Read MoreThe Housing Authority of Fiji is now under the spotlight after eight of its employees were sacked for allegations of corrupt practices earlier this year.
The eight employees had allegedly set up a company, bearing the same address as the Housing Authority, and were making money to develop plans and land on behalf of its clients.
Read MoreFijians who acquired Housing Authority lots through dishonest means will now face legal action.
Read MoreThe Minister for Housing welcomed the newly appointed board members of the Public Rental Board and Housing Authority of Fiji.
Read MoreThe occupation of rental spaces in the country is taking a dip due to the impact of the Coronavirus pandemic.
The Real Estate Agents Licensing Board has been monitoring the market whereby lots of rental properties are now vacant due to the tight budget of Fijians.
Read MoreChief executive Krishika Narayan says while the overall statistics indicate the market is low, if an investor has extra savings and is thinking of buying shares, this is the right time.
Read MoreHomebuyers are being warned to be cautious about the sale of homes located at sqatter settlements.
Read MoreLarge and small businesses are facing their toughest financial crisis with no apparent end in sight.
Read MoreMinister for Economy, Aiyaz Sayed-Khaiyum says all efforts should be focused on building confidence domestically to encourage more construction activity that can result in the creation of jobs.
Read MoreIllegal developments are rife in Fiji, however, the penalties are low and do not effectively deter people, says Minister for Local Government, Housing and Community Development Permila Kumar.
Read MoreMore than five hundred local businesses have indicated they may face bankruptcy if the COVID-19 pandemic continues for another six months.
Read MoreMore than 1600 households are occupying Public Rental Board (PRB) flats and 832 households are being assisted by the Housing Assistance Relief Trust (HART), Premila Kumar said.
Read MoreSixty-six businesses have closed down due the impacts of the COVID-19 crisis.
Minister for Local Government Premila Kumar says the survey conducted by municipalities highlights the virus has had an adverse effect on Fijian businesses who suffered the consequences of the economic fallout.
Read MoreAs the tourism and hotel business transitions into the next phase of survival, operators involved in the tourism industry will be considering extended Leave Without Pay options, terminations and redundancies in the coming weeks.
Read MoreThe Fijian Competition and Consumer Commission has assisted 252 tenants who have been impacted due to the COVID-19 crisis.
Read MoreANZ Fiji Country Head Saud Minam says they are not in the business of repossessing their customers’ properties and will continue to work with their customers till the last resort and this could be through three months, six months or nine months principal and interest deferment.
Read MoreResidents in Housing Assistance Relief Trust (HART) villages say a recent statement issued by Government of a rent freeze since March and that rent has been reduced by about 50 per cent is “not true”.
Read MoreEconomy Minister Aiyaz Sayed-Khaiyum says against the backdrop of the COVID-19 pandemic, this year’s budget purse strings will be tight.
Read MoreThe Reserve Bank of Fiji has stated that the national economy is now expected to decline more sharply than the earlier estimate of -4.3% on account of the catastrophic impact of COVID-19.
Read MoreThe real estate agents have seen a tremendous increase in the listing of the rental properties.
Read MoreThe real estate sector has not been spared by the impacts of the Corona-virus that has affected almost every other sector of the economy.
Read MoreHousing Authority confirms that real estate agents will be marketing, and selling 27 high-end residential, civic and commercial lots, on behalf of the Authority.
Read MoreThe Reserve Bank of Fiji says foreign reserves are sufficient to retain imports for the next six months. In its April economic review, RBF said foreign reserves were $2.2 billion and enough to sustain imports for the next 6.9 months.
Read MoreThe Reserve Bank of Fiji says foreign reserves are sufficient to retain imports for the next six months. In its April economic review, RBF said foreign reserves were $2.2 billion and enough to sustain imports for the next 6.9 months.
Read MoreEviction of tenants is only legal if proper notice is provided by the High Court, said the Fijian Competition and Consumer Commission (FCCC) chief executive officer Joel Abraham.
Read MoreAmidst the COVID-19 crisis there is some hope for people with bank loans.
Read MoreFrank Bainimarama made the remark at the Fifth Urban Forum at the Tanoa International Hotel in Nadi yesterday .
Read MoreResidents of Veivauceva Settlement in Tacirua are now a step closer to gaining titles for the land they currently occupy.
Read MoreThe 2019/2020 National Budget has been announced with many initiatives focusing on protecting our environment, expansion of ECAL or the Environmental and Climate Adaptation Levy on goods including vehicles, increased duty on new and used hybrid and non-hybrid vehicles, targeted assistance for people, reduced government expenditure and a target of economic growth for straight 11 years.
Read MoreEveryone is eagerly awaiting the 2019 National Budget which will be announced tonight at 7.30pm.
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