Monika Singh
3 April, 2021, 10:30 pm
The Pacifi c Business Monitor Fiji Focus 2020 Report
found that COVID-19 had a signifi cant impact on the
normal operation of businesses in Fiji, especially from
July to October 2020. Picture: SUPPLIED
THE continued impact of closed international borders in the heavily international tourism dependent country is placing immense pressure on business owners in Fiji and the Pacific.
Pacific Trade Invest (Australia) trade and investment commissioner Caleb Jarvis cited their recent Fiji focused report which found that in 2020 businesses in Fiji were more challenged by poor cashflow, local lockdowns, limited access to finance and the increasing cost of products/raw materials compared with businesses in the Pacific region.