Post COVID Archives | Business News This Week

Home-buying preferences change post Covid, witness new trends

August 30, 2021 Praveen Comments Off

The COVID-19 pandemic has fundamentally changed the world as we know it. People are living differently and, in many ways, thinking differently. Consumers across the globe are looking at products and brands through a new […]

To boost the regional recovery in the post-COVID 19 era, ASEAN should accelerate its digital integration which has the potential to generate a US $1 Trillion uplift in GDP by 2025, said Dr. Aladdin D. Rillo, Deputy Secretary-General for ASEAN Economic Community, at an online panel on Thursday. Against the backdrop of the COVID-19 pandemic, the Foreign Policy Community of Indonesia (FPCI) in collaboration with Huawei Indonesia held an interactive dialogue among the policymakers, academics and industry experts on the current state of digital connectivity, challenges, and potentials towards a more digitized ASEAN. “I look at digital connectivity and transformation as important priorities and cross-cutting issues that affect every sector in the economy. Therefore, it would require multi-stakeholder approach or response. And, this also requires participation from stakeholders including private sector, like Huawei,” said Aladdin D. Rillo. He stated that ASEAN needs the contribution of all stakeholders, from country, academia, to the private sector - including companies like Huawei - to address a number of priorities in the region and ensure that digital transformation is here to stay. These include improving digital skills, promoting digital data governance and strengthening cyber security. This can be accomplished through two possibilities, firstly by sharing data to guide policies and deliver public services, and secondly by providing digital solutions to achieve resilience. During the COVID-19 pandemic, ICT has been playing foundational roles in the fight against the coronavirus and helping ease its adverse impacts. Across the ASEAN region, industries have started to put more confidence that ICT will be a major push to speed up post-pandemic recovery. The digital transformation strengthens connectivity among ASEAN country members to better use digital technology to sustain and grow business, governments and societies of 650 million population. Dr. Dino Patti Djalal, Founder and Chairman of FPCI, said that digital connectivity is becoming more relevant as the COVID-19 pandemic hits the world. Research showed that countries with robust connectivity infrastructure can mitigate up to half of the negative economic impacts resulting from the outbreak. “Regarding digitalization, we need to have more digital literacy, digital access and digital infrastructure. If we get these things right, we can actually achieve the vision of having emancipation of education. The most important thing would be the harmonization of regulation among the 10 ASEAN countries, whatever vision we have to digitize ASEAN, the key challenge will always be in the regulation. Once we sort this out, we can make progress by leaps and bounds,” the FPCI Chairman said. Sharing similar views with Dino, Jay Chen, Vice President of Huawei Asia Pacific, believed that leveraging knowledge, technology and data, digital integration will help synchronize ASEAN member countries’ efforts to boost the regional economy and open doors for ASEAN to solidify its place as a true and autonomous economic power in the new global digital economy. “As a leading global provider of information and communications technology infrastructure and smart devices, Huawei is dedicated to working with our global partners to support ASEAN on its initiatives for regional digital transformation and integration,” said Jay Chen. Themed “Towards a more digitalized ASEAN: Shifting Currents, Opportunities, and Challenges in time of Pandemic,” the panel featured region’s high-level figures including Dr. Rizal Affandi Lukman, Deputy Minister for International Economic Cooperation, Indonesian Coordinating Ministry for Economic Affairs, Odo Manuhutu, Deputy Coordinating Minister for Tourism and Creative Economy, Indonesian Coordinating Ministry for Maritime and Investment Affairs, Dr. Jayant Menon, Visiting Senior Fellow at Regional Economic Studies Programme of ISEAS - Yusof Ishak Institute Singapore & Former Lead Economist of ADB, and Sam Cheng Qingjun, Principal of Digital Transformation, Public & Government Affairs of Huawei.

ASEAN to accelerate digital integration for post-COVID economic recovery

December 12, 2020 Praveen Comments Off

To boost the regional recovery in the post-COVID 19 era, ASEAN should accelerate its digital integration which has the potential to generate a US $1 Trillion uplift in GDP by 2025, said Dr. Aladdin D. […]

Sahara Star partners with PREFME for a contactless experience

November 24, 2020 team Comments Off

Sahara Star is recognized by the industry thought-leaders to provide seamless hospitality to guests, PREFME is the state-of-the-art hospitality solution that comes with industry-first features to make stays completely contactless and personalized. The Hotel has […]

Business

Bus travel on path to normalcy: Over 3 lakh passengers travelled through redBus for the 2nd October long weekend

October 16, 2020 team Comments Off

RedBus, India’s largest online bus ticketing platform, recorded over 3 lakh seat reservations across the country over the 2nd October long weekend, in the latest sign of the industry returning to normalcy. States such as […]

Can India make it to Net Zero Carbon Emissions - Yes It can but must act with a sense of great urgency, Kulpati Prof PB Sharma

Would Brick and Mortar University Survive post Covid ? – Prof PB Sharma

May 18, 2020 Praveen Comments Off

The champions of higher education and their admirers in the industry and corporates have all along been laying a heavy emphasis on investment on infrastructure in the universities and institutions of higher learning. For them […]

Jayesh Ranjana places 3 suggestions to FLO and YFLO –Develop Tool Kits How to Restart Business Activities Post COVID

May 16, 2020 Praveen Comments Off

In a first of its kind, Virtual Change of Guard meeting in this part of the country, Sona Chatwani, Chairperson of FLO Hyderabad Chapter and Shilpa Datla, YFLO Chairperson demit their offices. Usha Manne, and […]

Time for Tough Decisions - Prof P B Sharma

Time for Tough Decisions in Post COVID times Prof PB Sharma

April 20, 2020 Praveen Comments Off

The prolonged nation-wide lockdown has undoubtedly helped India to control the spread of Corona virus very well. As against almost 2.2 million cases worldwide, India has only 13500 COVID-19 cases in a country of 1.3 […]