Changes in legislation and regulation drops from the Global ranking from #3 to #5 year-on-year. "The pandemic may have caused some delays of the regulatory train, but it did not stop or even derail it. Quite the opposite, 2021 promises to become a very busy year in terms of new legislation and regulation, particularly in the areas of data and sustainability," predicts Ludovic Subran, Chief Economist at Allianz. Natural catastrophes falls to #6 from #4 in the global rankings, reflecting the fact that although aggregated losses from multiple smaller events such as wildfires or tornadoes still led to widespread devastation and considerable insured losses in 2020, it was also the third consecutive year without a single large event, such as Hurricane Harvey in 2017. … [Read more...] about Allianz Risk Barometer 2021: Covid-19 trio tops global and Asia Pacific business risks
Supply chain management degree
“Investors and businesses used to pay little attention to the lifespan of logistics centres. However, as customers’ requirements are getting stricter, basic infrastructure will not meet their needs. Therefore, investors will need to consider the lifespan and cost-worthiness of logistics centres to better serve supply chains – and construction materials will be a key area of focus to ensure the safety of goods,” commented Bui from JLL Vietnam. … [Read more...] about What the future holds for logistics industry?
Referring to insights from the report, he said businesses recognise that going digital could enable a more holistic view of what is happening within supply chains, thus providing the ability to better anticipate challenges and periods of change and weather future shocks. … [Read more...] about More business leaders embrace digital technologies
For people to be more efficient, they need autonomy. This comes with workers understanding their roles in the organisation and value network. Technology such as virtual twins can empower the factory workforce by providing employees with access to data and information that can be used to objectively measure their performance, as well as to focus on skills enhancement. … [Read more...] about Visualising success in factories of the future
HCM City (VNA) - Food companies in the southern largest economic hub of Ho Chi Minh City have enough stocks to meet demand during Tet in mid-February, Trieu Do Hong Phuoc, head of the HCM City People’s Council's Committee for Economy and Budget, has said. Municipal authorities have stepped up inspection of food sold at wholesale markets to ensure safety during the festival, he said. Pham Khanh Phong Lan, head of the city’s Food Safety Management Board, said the board would closely monitor food production, processing, distribution, and import-export establishments. This year it plans to set up 20 teams of inspectors to check 8,187 establishments besides carrying out surprise inspections of those suspected of violating safety and hygiene regulations. A delegation from the People's Council’s Social and Cultural Committee will inspect food and agricultural products at wholesale markets such as Binh Dien, Binh Tay and Binh Tien. Cao Van Thanh, … [Read more...] about HCM City works to ensure food safety, steady prices during Tet