2016

Partnership to benefit insurance service seekers

Partnership to benefit insurance service seekers

October 25, 2016

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by Monika Singh A PARTNERSHIP between Digicel Fiji, BIMA and Dominion Insurance Company is expected to benefit members of the public who are interested in getting an insurance cover for their family. A statement from Digicel Fiji yesterday said Digicel Fiji, BIMA and Dominion Insurance Company would work in partnership to take a revolutionary new...

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Solar power drives financial inclusion: MiBank pilots affordable solar loans platform in Papua New Guinea

Solar power drives financial inclusion: MiBank pilots affordable solar loans platform in Papua New Guinea

October 25, 2016

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Port Moresby, PNG – A new pilot partnership in Papua New Guinea (PNG) providing affordable green energy has the potential to drive the adoption and usage of financial services among rural low-income Papua New Guineans. MiBank is working with Empawa, a local provider of solar power units in PNG to target off-grid homes to supply...

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Work Underway For A Simple Consumer Credit Law Act For Fiji

Work Underway For A Simple Consumer Credit Law Act For Fiji

October 13, 2016

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by Rachna Lal, SUVA The aim of the review of the Consumer Credit Act is to put in place a Consumer Credit law that will be simple, provides clear rules for credit providers and is implementable. This was highlighted by the permanent secretary for Industry, Trade and Tourism, Shaheen Ali at the review of the...

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Revised law to focus on responsible lending

Revised law to focus on responsible lending

October 13, 2016

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by Manasa Kalouniviti THE Ministry of Industry, Trade and Tourism yesterday started its first in a series of workshops which will be conducted on the review of the country’s Consumer Credit Act. The ministry’s permanent secretary, Shaheen Ali said: “The revised legal framework should introduce responsible lending standards”. He said this was where the credit provider...

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RBF Launches Media Campaign To Raise Insurance Awareness

RBF Launches Media Campaign To Raise Insurance Awareness

October 7, 2016

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by RACHNA LAL, SUVA A worry that the penetration and uptake of insurance by individuals in Fiji is very low at only 12%   Given only 12 per cent of our population have a form of insurance, efforts are being made to increase this percentage and get more people to sign up for insurance. Playing...

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FOR MORE INFORMATION

or media inquiries please contact:
Erica Lee
Communications Associate
Tel: +679 3227538
Email: erica.lee@undp.org
Website: http://www.pfip.org/