Businesses: Reinvest, Rearrange

Businesses have reinvested, rearranged and made adjustments to overcome the impacts of COVID-19 pandemic.
Fiji Commerce and Employers Federation (FCEF) president Vinay Narsey said this during the FCEF organised, Top Executives (TOPEX) Conference at Sofitel Fiji Resort and Spa in Nadi, yesterday.
He said the theme “Resilience businesses ready for tomorrow – 2030” was a reflection to how businesses adapted to and evolved during the COVID-19 pandemic.
“Businesses in Fiji are up against adversity – cyclones, floods, droughts and now COVID-19.
“Fiji showed its resilience on the back of what many thought was a situation that was out of hand.”
He said TOPEX provided an opportunity for the business community to explore ways of regenerations and diversification to become more resilient from impending threats.
Participation
322 business delegates are participating in the conference, which ends today.
There has been a massive increase in participation, said Mr Narsey.
“TOPEX only gets better as the years progress,” Mr Narsey said.

Delegates to the Top Executive Conference 2021 at Softiel Fiji Resort and Spa in Denarau Island, Nadi on November 12, 2021. Photo: Shreya Kumar
Fiji Commerce and Employers Federation
Mr Narsey said FCEF would be restructuring in the coming months.
“It is only natural for FCEF to evolve, to not just stay abreast, but to forge innovative pathways in our ever-changing global business environment,” he said.
“The FCEF board and I are looking forward to reviewing and improving structures, processes and also the branding of FCEF.”
He said for an organisation which had stayed the same since its establishment, the evolution was important.

From left: Fiji Development Bank (FDB) board director Inia Naiyaga, FDB general manager Finance and Aministration Saiyad Hussain and FDB chairman and Fiji Airways managing director and chief executive officer Andre Viljoen at the Top Executive Conference 2021 at Softiel Fiji Resort and Spa in Denarau Island, Nadi on November 12, 2021. Photo: Maraia Vula.
“The integral functions of FCEF would be retained,” he said.
The conference entailed eight sessions with a total of 18 speakers.

HFC Bank chief executive officer Rakesh Ram (right) with some of his senior managers at the Top Executive Conference 2021 at Softiel Fiji Resort and Spa in Denarau Island, Nadi on November 12, 2021. Photo: Maraia Vula.
TOPEX ends today after two days of constructive dialogue between businesses on ways businesses could overcome the challenges of the COVID-19 pandemic and other adversities.