Fiji’s Naiyaga urges stock exchange listings
Inia Naiyaga, an acting deputy governor of the Reserve Bank of Fiji, on 3 September encouraged prominent local businesses to issue share capital rather than rely solely on bank loans.
Listing on the South Pacific Stock Exchange, the only licensed securities exchange in the Fiji Islands, comes with a 20% reduction in corporate tax rates for companies with a minimum of 40% local equity shareholding, he noted.
Government bonds, treasuries, Reserve Bank of Fiji notes and tradable term desposits are
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