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PTI PACIFIC BUSINESS MONITOR
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PTI PACIFIC BUSINESS MONITOR REPORT 12 - MARCH 2021
The COVID-19 outbreak has caused a global health emergency and an economic slowdown impacting millions of small and medium-sized enterprises (SMEs) around the world, including the Pacific region. To understand the ongoing impact on the Pacific’s private sector, Pacific Trade Invest (PTI) commissioned Fifth Quadrant, an independent research agency, to run a regular survey to understand the ongoing effects of COVID-19 on businesses in the Pacific.
The twelfth PTI Pacific Business Monitor reports the lowest percentage of perceived local economy impact caused by COVID-19, since tracking began in May last year. The financial and emotional impact of COVID-19 continues to be a significant issue among business decision-makers. Worryingly, those reporting negative impact on their mental health worsened this month.
Key Insights from Pacific Business Monitor Report 12, March 2021:
- The extent and severity of COVID-19 on Pacific businesses has remained relatively stable, with 80% reporting a negative impact (up from 79% last wave).
- 81% of businesses reported a decline in revenue due to COVID-19, which is consistent with last wave.
- 69% are confident that their business will survive the COVID-19 crisis (up from 68% last wave).
- The top three challenges facing businesses are:
» Impact of closed international borders (86%)
» Not knowing how long the crisis will last (81%)
» Poor cashflow (80%)
This wave includes reports for the top three Pacific countries we received responses from in March 2021, Tuvalu, Niue and Fiji.
View and download the reports below.
Pacific Business Monitor Report 12
Download PTI Pacific Business Report 12 to understand how COVID-19 is impacting businesses across the Blue Pacific in March 2021.
Pacific Business Monitor Report 12 - Tuvalu Focus
Download PTI Pacific Business Report 12 to understand how COVID-19 is impacting businesses in Tuvalu in March 2021.
Pacific Business Monitor Report 12 - Niue Focus
Download PTI Pacific Business Report 12 to understand how COVID-19 is impacting businesses in Niue in March 2021.
PTI Pacific Business Monitor Report 12 - Fiji Focus
Download PTI Pacific Business Report 12 to understand how COVID-19 is impacting businesses in Fiji in March 2021.
PTI PACIFIC BUSINESS MONITOR 2020 REPORTS
The results of Pacific Trade Invest (PTI) Pacific Business Monitor 2020 Reports have been published. The 2020 report aggregates the results of nine surveys conducted in 2020, providing insight into the impact COVID-19 had on the Pacific's private sector in 2020.
Nine country focussed reports are also available, compiling data from the top nine Pacific countries we received responses from in 2020, highlighting the nuances COVID-19 is having on the private sector in different Pacific countries.
View and download the reports below.
PTI Pacific Business Monitor 2020 Report
Download the PTI Pacific Business 2020 Report to understand how COVID-19 impacted businesses across the Blue Pacific in 2020.
PTI Pacific Business Monitor 2020 Country Focus Reports
Download the PTI Pacific Business 2020 Country Focus Reports to understand how COVID-19 impacted businesses across different Pacific countries in 2020.
Cook Islands Focus 2020 Report
New Caledonia Focus 2020 Report
Papua New Guinea Focus 2020 Report
