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The Fiji Times » Alternative financing platform for businesses

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The Fiji Times » Survey: 1 per cent of businesses were insured


Monika Singh
10 July, 2021, 6:30 pm
Royal Australian Air Force brought in Severe Tropical Cyclone Yasa relief supplies at Nadi International Airport. Picture: REINAL CHAND
A new research has revealed that just 1 per cent of businesses among the hardest hit by Tropical Cyclone Yasa were insured against the disaster.
Carried out by the International Finance Corporation (IFC) and the Ministry of Commerce, Trade, Tourism and Transport (MCTTT), the Fiji TC Yasa Business Survey revealed that the financial impact on more than 1500 Fijian businesses, which were among the hardest hit by TC Yasa, is estimated at $25 million.
The survey also revealed that 92 per cent of the businesses surveyed were impacted by TC Yasa, with the Northern region being the most impacted by the cyclone. ....

New Zealand , Northern Region , John Feakes , International Finance Corporation , Ministry Of Commerce , Fiji Tc Yasa Business , Tropical Cyclone Yasa , Business Survey , Deva De Silva , High Commissioner , Jonathan Curr , New Zealand High Commissioner , Business Link Pacific , புதியது ஜீலாந்து , வடக்கு பகுதி , ஜான் பெஆகேச் , சர்வதேச நிதி நிறுவனம் , அமைச்சகம் ஆஃப் வர்த்தகம் , வணிக கணக்கெடுப்பு , தேவா டி சில்வா , உயர் ஆணையர் , ஜொனாதன் கர் , புதியது ஜீலாந்து உயர் ஆணையர் , வணிக இணைப்பு பெஸிஃபிக் ,