finance
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Parliament approves $220m guarantee to back Fiji Development Bank, easing funding costs and boosting lending to agriculture, housing and SMEs
A $220 million government guarantee to back the Fiji Development Bank’s lending could lower funding costs and keep vital finance flowing to agriculture, housing and SMEs. But the move raises questions about fiscal risk, oversight and how public support will steer development priorities.
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Labasa Man to Face Court Over Viber Scam Impersonating Supervisor in Mobile Money Transfers
A 34-year-old man is facing deception charges tied to a surge in mobile-money fraud carried out through messaging apps. He allegedly impersonated a workplace supervisor on Viber to persuade two victims to transfer funds, as investigators warn of a rising scam trend.