Economy
Unlike most cities and towns in Fiji and indeed many around the world, Suva did not grow around one industry but has gradually developed as a hub and one of the largest cities in Oceania. Suva is the commercial centre of Fiji with most banks having their Pacific headquarters here, including ANZ and the Westpac Bank. Most national financial institutions, non-governmental organizations and government ministries and departments are also headquartered here. At one point both Air Pacific and Air Fiji were headquartered in Suva.
A large part of Fiji's international shipping is conducted at Suva's Kings Wharf as well as docking of international cruise ships, which has led to a growth in Suva's tourism industry. Many services are provided in Suva and is the basis of Suva's industrial and commercial activity.
There are also large industrial areas, the largest being at Walu Bay, where there is a saturation of factories and warehouses and import and export companies. This area contains many shipyards for ship building and repairs as well as container yards. There is also a brewery and many printeries. Other notable industrial zones are located in Vatuwaqa, Raiwaqa and Laucala Beach.
There is also a large commercial and shopping scene in Suva with streets such as Cumming Street and Victoria Parade being popular. There are also many shopping complexes to visit and many markets.
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Famous quotes containing the word economy:
“It enhances our sense of the grand security and serenity of nature to observe the still undisturbed economy and content of the fishes of this century, their happiness a regular fruit of the summer.”
—Henry David Thoreau (1817–1862)
“The basis of political economy is non-interference. The only safe rule is found in the self-adjusting meter of demand and supply. Do not legislate. Meddle, and you snap the sinews with your sumptuary laws.”
—Ralph Waldo Emerson (1803–1882)
“The aim of the laborer should be, not to get his living, to get “a good job,” but to perform well a certain work; and, even in a pecuniary sense, it would be economy for a town to pay its laborers so well that they would not feel that they were working for low ends, as for a livelihood merely, but for scientific, or even moral ends. Do not hire a man who does your work for money, but him who does it for love of it.”
—Henry David Thoreau (1817–1862)