Fiji needs to continuously uplift burgeoning industries like aquaculture and agriculture where there is an opportunity for the participation of embracing technology.
This was shared by Divik Deo, the president of Fiji Institute of Accountants (FIA) at the FIA congress 2012 yesterday in Nadi.
"We live in an increasingly challenging business environment and there is a need to rethink and innovate to adapt for survival," he said.
“Isn’t that another good innovation? Fiji has already launched M-paisa and Mobile Money for a greater financial inclusion. Imagine the benefits of a connected world on resources based micro enterprise."
Deo said the world is suffering from a similar contagion today albeit more sophisticated.
He said it is having a profound impact on most economies around the world.
“Fiji is also not isolated from its effects.”
“We live in an increasingly challenging business environment and there is a need to rethink and innovate to adapt for survival. If there is any survival lesson which the great depression of the 1930’s has taught us, it is to innovate.”
Deo further said Fiji needs to continuously explore new dimensions in industry, for example tourism which is Fiji’s largest revenue earner.
He added these challengers require talents to push the boundary and challenge conventional wisdom, for new ideas, for new opportunities.
“It also requires professionals like you to create value for long term sustainability.”
Deo said he is confident that the congress will encourage accountants to push boundaries, explore new terrain and set the scene to discover new opportunities.
By Ropate Valemei