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Report Finds COVID-19 Impacts Unrelenting on the Pacific Private Sector

Report Finds COVID-19 Impacts Unrelenting on the Pacific Private Sector Despite ongoing adverse impacts and delayed recovery expectations, the July survey showed stability in optimism among the majority of respondents with 70 per cent of Pacific businesses confident their business will survive the COVID-19 crisis, compared to 69 per cent last wave. Source: Supplied Thursday, 29 July 2021 13:41 PM The fifteenth Pacific Trade Invest (PTI) Pacific Business Monitor reports that sentiments among the Pacific business decision-makers remain critical and expected timelines for economic recovery are shifting back further. COVID-19 impacts on Pacific businesses have remained at severe levels since tracking began in May 2020, with between 79 to 92 per cent of respondents consistently reporting a negative impact. The recent July survey reinforced this ongoing severity with 84 per cent of respondents reporting a negative impact. Of Pacific respondents 33 per cent were from the touris

Fijilive - 56% women businesses struggle to stay afloat Gateway to Fiji, Fiji News, Fiji Rugby, Fiji Football, Fiji Sports, Fiji Picture Gallery, Fiji Business, etc

  Jul 08, 2021 12:14:31 PM 56percent of women-led businesses are struggling to keep afloat during this coronavirus pandemic, according to a survey carried out by Pacific Trade Invest. Pacific Trade Invest Australia commissioner Caleb Jarvis said women have a lot of barriers that prevent them from actioning initiatives to support their business. Jarvis while said as a result of the economic downturn, the well-being of the community and the mental health of business owners has also been negatively impacted. “Women are doing it harder as 56 per cent of female businesses reported having barriers that prevent them from actioning initiatives to support their business,” he said.

Fijilive - Commercial export of kava begins 2022 Gateway to Fiji, Fiji News, Fiji Rugby, Fiji Football, Fiji Sports, Fiji Picture Gallery, Fiji Business, etc

  Commercial export of kava from regional countries to Australia may begin early next year. Pacific Trade Invest Australia commissioner Caleb Jarvis said the unofficial word is that this commercial pilot of Kava will commence in January 2022. Jarvis while speaking during the economic recovery workshop said the quality of kava will be a big issue when commercial export of kava from regional countries begins early next year. He said when the export of kava begins early next year there will be a big push from buyers for kava to be produced and packed in a hazard analysis critical control point. “We have been having a consultation with our government on kava. The unofficial word is that this commercial pilot of Kava will commence in January 2022,” he said.

Fijilive - Coronavirus sets economies back by 10 years Gateway to Fiji, Fiji News, Fiji Rugby, Fiji Football, Fiji Sports, Fiji Picture Gallery, Fiji Business, etc

Fijilive - Coronavirus sets economies back by 10 years Gateway to Fiji, Fiji News, Fiji Rugby, Fiji Football, Fiji Sports, Fiji Picture Gallery, Fiji Business, etc
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