Conference to deal with new economic issues
By ROSI DOVIVERATA
Pacific Conference on Finance and Investment will highlight new knowledge on issues affecting small island economies like Fiji. The three day conference organised by the Fiji National University will bring together industry experts, heads of institutions and academics from around the world to the Nasinu Campus.
Dean for the College of Business, Hospitality and Tourism Studies, Dr Mahendra Reddy said the conference will bring to the forefront new knowledge which businesses, policy makers and private sectors can use.
Four keynote speakers will present a 45-minute plenary paper each day. This will be followed by a parallel paper session.
Raj Prasad, Fellow CPA Australia, will talk about the experiences of the mining sector in Australia and China on Day One.
Dr Reddy said this will be critical for Fiji. Recently the Government has shown interest in various mining projects around the country.
Professor Christine Jubb from Swinburne University in Australia will speak about the global situation in respect to auditing.
Day Two will highlight issues on Competition economics. Dr Martyn Taylor, a Competition Lawyer and Partner of Norton Rose, Australia, will present the first plenary paper.
This will be followed by research paper presentations by staff of the Commerce Commission.
Dr Reddy, who is also the Chairman of the Commerce Commission, welcomed discussions on the methodology that the Commission uses.
“If you want to know how we do pharmaceutical pricing, weighted average capital cost pricing for cement price and steel, how we do average food pricing, how we handle complaints, fair trading practices and land rent rental issues, come and listen.”
Emphasis will also be placed on the area of information communications technology (ICT) as countries around the world are storing data on an electronic platform.
“The critical thing is how do you safeguard and secure that data, especially financial data and documents,” Dr Reddy said.
An expert on the vulnerability and resilience of small island economies, Professor Lino Briguglio from the University of Malta will be making his presentation on Day Three.
All are welcome
According to Dr Reddy, the cost of running the conference is over $80,000.
While there is a registration fee of USD$150, Dr Reddy said there is an open invitation to those who wish to be part of the conference.
The Fiji National University hopes to conduct a similar event next year.