The good that has come out of Covid-19

The Covid-19 pandemic has taken a toll on our economy. Yet there is a silver lining - it has made businesses stronger and more resilient.

“Through that disruption, Covid-19 has brought forth the 4th Industrial Revolution . A good example is the disruption of the supply chain as ships and planes are grounded,” Naguib, who also runs Strand, a technology consulting company, said. “If you’re a knowledge-based economy, you are more agile and will be able to adjust as supply chains and markets adjust. You are also at the higher value spectrum of industry which in turn creates higher value jobs,” he added.

“This type of business model also makes it easier for products to be recycled or reused as they are part of a service. This will optimise the utilisation of resources. “The pandemic has accelerated the shift towards digitalisation, particularly towards IoT and IR4.0, which has helped to manage the pandemic through applications such as MySejahtera,” he toldMeanwhile, Malaysian Employers Federation executive director Datuk Shamsuddin Bardan said new work arrangements have emerged alongside greater opportunities for the local workforce.

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

11 kes baharu, 19 pulih Covid-19putrajaya covid19 SEBANYAK 11 kes baharu jangkitan Covid-19 dilaporkan kepada Pusat Kesiapsiagaan dan Tindak Cepat Krisis Kebangsaan (CPRC), setakat 12 tengah hari, hari ini, sekali gus merekodkan 9,094 kes positif keseluruhan.
Source: hmetromy - 🏆 26. / 51 Read more »

11 new Covid-19 cases against 19 recoveriesFive of the new cases are imported, and the rest local infections. FMTNews Covid19
Source: fmtoday - 🏆 5. / 72 Read more »

19 kes pulih, 11 kes baharu Covid-19 dicatat | The Malaysian InsightTiada kematian akibat Covd-19 dilaporkan hari ini.
Source: msianinsight - 🏆 8. / 63 Read more »

Covid-19: Another school in Kuala Sanglang closed for two weeksKANGAR (Bernama): Another school in Kuala Sanglang has been ordered to close for two weeks by the Perlis state education department following the enforcement of the targeted enhanced movement control order (MCO) since Saturday (Aug 8) night.
Source: staronline - 🏆 4. / 75 Read more »

Indonesia Covid-19 cases rise by 1,893, deaths by 65, says official data | Malay MailJAKARTA, Aug 9 — Indonesia reported 1,893 more novel coronavirus infections today, taking the total tally to 125,396 infections, the country’s Covid-19 taskforce website showed. The number of death rose 65 today, bringing the total number of deaths to 5,723. — Reuters 
Source: malaymail - 🏆 1. / 86 Read more »

Vietnam: Covid-19 cases piling up as total goes above 800 casesHANOI, Aug 9 (Vietnam News/ANN): Two more Covid-19 community infections were announced on Sunday morning, including one in Hanoi.
Source: staronline - 🏆 4. / 75 Read more »