AGP Executive Report
Last update: 12 hours agoTax & Compliance: FRCS says Fiji could be missing VAT on overseas electronic marketplaces and is pushing an electronic marketplace framework, including work with global vendors, while also tightening transfer pricing checks as it strengthens international tax information sharing. Central Banking & Cash: The Reserve Bank of Fiji has gazetted demonetisation of old flora and fauna banknotes from Jan 1, 2027; businesses won’t have to accept them after Dec 31, 2026, with 72.3% already recalled by July 31. Public Finance & Education: FNU warns scholarship funding pressures could derail thousands of students after TSLS confirmed no new scholarship applications for Semester Two and Quarter Three 2026, and teachers report weeks without pay amid reconciliation efforts. Drug & Financial Crime: RBF Governor Ariff Ali says a reported $2b drug haul doesn’t automatically mean $2b left Fiji, pointing to transshipment networks and “small cuts” rather than large reserve outflows. Business & Services: Westpac Fiji reopens its upgraded Suva branch, while Post Fiji plans a Pacific Mail Hub in Nadi to boost regional mail movement and expand digital parcel services. Trade & Regional Links: Fiji’s High Commission in Kuala Lumpur has reopened to deepen Malaysia/ASEAN ties on energy security, trade, investment and education. US Visa Rules: The US makes permanent a refundable visa bond for PNG, Fiji, Tonga, Tuvalu and Vanuatu travellers applying for B-1/B-2 visas. Sugar Industry: Government plans a multi-year restructure of Fiji’s sugar industry, targeting better yields and mill efficiency, with a broader revival strategy expected by year-end. Sports & Youth: Vodafone Deans and Weet-Bix Raluve semi-finals run across Lautoka and Suva, with multiple age-grade clashes plus the Fijiana XV vs Springbok Women Test in Suva.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.