Fiji
Fijian governor foreshadows application of mobile payments in agriculture
Barry Whiteside says mobile banking is fast becoming an ‘accepted mode of payment’ and has the ability to transform Fiji’s agricultural sector
Reserve Bank of Fiji adviser targets 5% growth
Lorraine Seeto believes the Fijian economy can grow by 5% each year; highlights the need for more investment, more exports, and a low and stable inflation rate
Reserve Bank of Fiji turned to unconventional monetary policy in wake of last year’s ‘devastating’ floods
Central bank forced commercial banks to lend to agriculture and renewable energy sectors; provided funds to affordable housing projects
Fijian governor praises private investment but concerned by export slump
Barry Whiteside attributes Fiji’s return to growth to the increase in private sector investment; urges export sector to ‘improve quickly’ to prevent further slide in trade deficit
Pacific island countries cannot rely on external demand
IMF office in Pacific warns island countries the impetus from growth ‘will need to come from within’; urges central banks to keep inflation in check and promote external competitiveness
Fiji governor unveils first polymer banknote
New five Fijian dollar note to incorporate polymer substrate for the first time; $2 note replaced with coin
Fijian governor welcomes banking competition
Reserve Bank of Fiji’s Barry Whiteside approves new entrant into banking industry, saying Fiji is not ‘sufficiently banked’
Fijian police get anti-money laundering training
Fiji’s financial intelligence unit and police force to run an intensive workshop on investigating complex fraud cases
Reserve Bank of Fiji governor promotes financial inclusion innovations
Barry Whiteside extolls benefits of co-operation between stakeholders in the bid for financial inclusion; encourages novel projects to reach the under-served
Reserve Bank of Fiji delivers positive economic review
Latest economic review reveals generally optimistic developments in Fijian economy; growth and inflation expected to meet projections
Reserve Bank of Fiji annual report highlights steady recovery
Annual report for 2011 reviews policy challenges throughout year; says central bank delivered on mandate of low inflation and stable reserves while helping to spur growth
Reserve Bank of Fiji grapples with credit card surcharge decision
Fijian central bank looks to Australian experience of updating rules regarding credit card surcharges; weighs up benefits of allowing additional charges ahead of final decision this month
Fijian central bank reports on financial investigations
Reserve Bank of Fiji publishes annual report of its financial intelligence unit; says the unit investigated a large number of serious financial offences in 2011
Fiji governor highlights importance of microfinance
The governor of the Reserve Bank of Fiji opens microfinance expo; encourages participants to gain greater understanding of microfinance
Fiji governor calls for improvement in securities trading regulation
Barry Whiteside says international co-operation is needed to keep up with market developments in securities trading
Fiji's Whiteside introduces new financial literacy mascot
Barry Whiteside applauds work of Financial Literacy Working Group in Fiji and unveils new mascot
Fiji appoints new deputy governor
Acting deputy governor, Inia Naiyaga has role made permanent; spent nearly 37 years working at the bank
Reserve Bank of Fiji reports $11.8m profit
Rise in value of foreign exchange reserves spurs $11.8m profit at Reserve Bank of Fiji in 2010; all profits transferred to capital Suva
Fiji’s Whiteside on microfinance challenges
Reserve Bank of Fiji governor Barry Whiteside says poor infrastructure presented challenges in extending financial services into the rural areas
Fiji's Reddy resigns
Reserve Bank of Fiji governor Sada Reddy resigns from his post for unspecified reasons; deputy Barry Whiteside to serve as interim governor
Fiji names two new executives
Reserve Bank of Fiji makes Lorraine Seeto advisor to the governor’s office and Esala Masitabua chief manager of financial institutions
Fiji's Reddy: better microfinance data needed
Reserve Bank of Fiji's Sada Reddy on the challenges in developing and promoting microfinance in Fiji
Fiji's Reddy calls on banks to offer microfinance
There is no reason why all banks cannot provide microfinance, said Sada Reddy, the governor of the Reserve Bank of Fiji.
Fiji sacks Narube and devalues dollar
The Reserve Bank of Fiji devalued the Fiji dollar by 20% on Wednesday hours after Savenaca Narube, the governor, was removed from the central bank by government officials.