AGP Executive Report
Last update: 12 hours agoAIIB Financing: The Asian Infrastructure Investment Bank approved US$80m (FJ$178m) for Fiji to boost economic resilience, climate and disaster preparedness, alongside World Bank budget support and private-sector reforms. Climate Risk Insurance: Tower Insurance launched Fiji’s first climate risk parametric insurance for MSMEs, with fast payouts after climate disasters—already tested in Kadavu. Tourism Surge: Fiji hit a record 98,522 visitor arrivals in June, led by Australia, as new resorts and routes lift demand. Consumer Protection: The Consumer Council flagged 35 complaints tied to four online platforms, warning shoppers to verify sellers and avoid paying upfront without clear delivery/refund terms; it also reported 234 food and beverage complaints this year. Port & Security: Police and Fiji Ports investigations continue after alleged vandalism of imported vehicles at Suva Wharf, and separate probes into alleged theft of nearly $500,000 in imported kava. Business Transparency: Fiji plans a central register of beneficial owners via a Tax Bill amendment to strengthen company ownership transparency. Energy & Infrastructure: Energy Fiji and Neoteric advanced a solar-plus-battery project, while bridge designs are complete for 11 critical crossings with four contracts due soon.
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