Fiji Time: 3:53 AM on Wednesday 1 October

Fiji Times Logo

/ Front page / News

PM warns profiteers

Felix Chaudhary
Friday, November 09, 2012

PRIME Minister Commodore Voreqe Bainimarama reiterated his government's commitment to fostering business in the country but he warned against those seeking to get ahead by bending the rules.

"My government assists businesses because they provide people with jobs and sustainable livelihoods. Jobs and a sustainable livelihood lifts people out of poverty. But businesses also have a responsibility to play by the rules and ensure fairness for customers," he said, while speaking at the opening of a $3 million shopping complex at Carreras, Nadi.

Commodore Bainimarama said some business houses chose to impose unconscionable mark-ups in the prices of some goods and services.

"This practice becomes even more unconscionable when government has reduced or zero-rated duty to make goods more affordable for ordinary Fijians but certain business houses that import these goods do not reduce prices accordingly. They reap huge profits at the expense of government and the consumers."

He warned unscrupulous agents they were on the radar and action would be taken by the relevant authorities if the practice continued.

"They're on notice that we are watching them closely and we will take the necessary action to remedy this greed. We are building a Fiji to ensure that all Fijians benefit from our policies. We will not allow these policies to be thwarted by a few," he said.

The shopping complex is destined to revolutionise shopping at Carreras, housing U Save Supermarket, a seafood shop, a DVD movie outlet and vegetable markets. It is the first in a series of investments, said owner and managing director Bobby Khan.

"I would like to applaud the Bainimarama government for having the foresight to allow dual citizenship which has brought me back home after being away for 22 years. After the completion of this project, I will be looking at establishing a resort near Sonaisali and am also looking at the possibility of setting up a hospital as well," he said.

Commodore Bainimarama said entrepreneurs like Mr Khan were welcomed because of the positive impact on the local and national economies.

"The jobs being created here are jobs for ordinary people. People whose earnings filter back into their communities and strengthen the general economic base," he said.

He added that the development of the shopping centre was further proof that his government's multiple nationality policy was having a positive effect in encouraging investment by former Fiji residents.





Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Today's Most Read Stories

  1. Australia applauds Fiji
  2. FLP mourns death of party member
  3. Memorial for former teacher
  4. Advice against unhealthy diets
  5. Aussies restore ties
  6. Relief for Westerners as rain falls
  7. Forgiveness and reconciliation to benefit vanua
  8. Police treat death of girl, 13, as murder
  9. Longer dry spell looms
  10. Ministry gets updates

Top Stories this Week

  1. Ro Teimumu is Leader of the Opposition Wednesday (24 Sep)
  2. Mata apologises Wednesday (24 Sep)
  3. Luveni vacates her seat, Tuitubou is now an elected MP Wednesday (24 Sep)
  4. PM designates Cabinet portfolios Thursday (25 Sep)
  5. Our new Speaker Thursday (25 Sep)
  6. Moment of silence Thursday (25 Sep)
  7. Salary budget soon Thursday (25 Sep)
  8. PM's first official trip Wednesday (24 Sep)
  9. PM: Work with me Monday (29 Sep)
  10. Police intervene Friday (26 Sep)