Location Profiles
Property Industry
Over $180 Million in Real Estate Transactions
Oct. 2, 2017, 11:30 p.m.
The first nine months of 2015 had 355 real estate sales transactions in the Western division.
While opening Fiji’s first ever real estate national workshop, Real Estate Agents Lisencing Bo...
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Review for Real Estate Act (2006)
Oct. 2, 2017, 11:30 p.m.
Plans are underway for a review of the Real Estate Agents Act that came into effect 10 years ago.
Industry and Trade Minister, Faiyaz Koya, noted that the Act needs to be brought in line with ma...
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Association for Realtors
Oct. 2, 2017, 11:30 p.m.
Agents at Fiji’s first National Real Estate Workshop have vouched to form an association that will represent their needs and concerns to the Real Estate Agents Licensing Board (REALB).
Abo...
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New VAT Change Vs Rent Freeze Order 2015
Oct. 2, 2017, 11:29 p.m.
Residential rent is a VAT exempted service charge under the VAT Decree 1991 (VATD). In the first schedule of the VATD, the following exemption statement is provided:
“The supply of accommo...
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Institutes Advised to Offer Affordable Home Loan Rates
Oct. 2, 2017, 11:29 p.m.
Members of the Fiji Association of Banks and other financial institutions have been advised to offer affordable interest rates for home loans.
Association members paid a courtesy visit to Attor...
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Less Than 10 Percent Insured
Oct. 2, 2017, 11:28 p.m.
Less than 10 percent of households in Fiji are insured. This was noted by Lolesh Sharma of the Insurance Council of Fiji, while presenting at a stakeholder’s seminar on policies, regulations ...
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Real Estate Vulnerability
Oct. 2, 2017, 11:25 p.m.
Fiji’s real estate sector is vulnerable to money laundering (MF) and terrorist financing (TF), the Fiji Financial Intelligence Unit’s recently released annual report, noted.
The Unit...
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Subdued Insurance Outlook for 2016
Oct. 2, 2017, 11:25 p.m.
A subdued insurance performance is likely in store for the industry this year, with the downward revision to forecasted economic growth following Tropical Cyclone Winston.
According to the Reser...
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