Fiji Time: 4:20 PM on Sunday 21 December

Fiji Times Logo

/ Front page / Business

Think big, get there

Timoci Vula
Thursday, November 15, 2012

RESERVE Bank of Fiji governor Barry Whiteside says the capital market is the sector that is supposed to provide the added impetus for any growing economy, the alternative to the banking sector.

"Unfortunately, while the banking sector has enjoyed strong growth and development over the last decade, we cannot say the same for our capital markets, which has only progressed at a snail's space," Mr Whiteside said in his opening remarks at the workshop themed 'Developing Fiji's Capital Markets'.

He said banks, for some time, had a big picture "outside the box" vision of developing Fiji into the preferred capital markets centre in the South Pacific.

"I see no harm in thinking big. It is getting there that is the issue," Mr Whiteside said.

"Being the preferred capital market means that we provide investors and issuers with an environment necessary to grow their investments," he said.

"It means that companies and investors in other Pacific island countries will look at Fiji first as a place where they can raise funds for capital growth and for investment opportunities. It means that we provide a safe investment choice for both local and overseas investors."





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. Millionth man
  2. Mourinho urges Hazard
  3. Rodgers makes sharp exit
  4. Lapse of defence costly
  5. Wardens win Mokani 7s meet
  6. $10m for State coffers
  7. In the top 3
  8. Joy of sharing and caring this festive season
  9. Good Samaritans bring smiles to gloomy faces
  10. Van Gaal waits for 'perfect' game

Top Stories this Week

  1. TV pair sent home Wednesday (17 Dec)
  2. My boy, my hero Monday (15 Dec)
  3. Justice and sleep at last Thursday (18 Dec)
  4. She's gone but the pain stays Tuesday (16 Dec)
  5. TERROR ALERT Gunmen strike Sydney cafe Tuesday (16 Dec)
  6. Clan leader calls for harsher penalties Wednesday (17 Dec)
  7. Five-try Fiji forge Plate final berth Monday (15 Dec)
  8. Court told of baby's tragic end Thursday (18 Dec)
  9. 441 new positions Wednesday (17 Dec)
  10. A-G: Claim ludicrous Friday (19 Dec)