19 Jul 2007

Fiji businesses worry about costs

11:33 am on 19 July 2007

The Fiji Retailers Association has expressed serious concern about the rising cost of doing business in the country.

The association has attributed this to government bureaucracy, in particular the cost of inspection and re-inspection of goods by customs and the military, high bank fees and charges, and losses sustained through repeated robberies.

The Fiji Times quotes association president Himmat Lodhia as saying their members are seeking a meeting with the new commissioner of police, Commodore Esala Teleni, to discuss their concerns.

Mr Lodhia says as a result of the coup, smaller businesses are suffering and some have had to close down.

In other cases the association has had to step in to have rent and other payments deferred, because members have been under severe financial constraints.