ABAC 2022 Focuses on Digital Transformation

[snoop1130]

 

BANGKOK (NNT) - The first meeting of the APEC Business Advisory Council (ABAC 2022) in 2022 has emphasized Digital Transformation, as the region experiences sudden and extreme changes in the business environment.

 

The meeting was chaired by Supant Mongkolsuthree, chairman of the Federation of Thai Industries (FTI), and ran from February 15-18 at the Resorts World Sentosa Convention Center in Singapore.

 

During the meeting, the Regional Economic Integration Working Group (REIWG) resolved to promote the works of the World Trade Organization (WTO) under the multilateral trading system. It also recommended the promotion of trade and investment in the region, along with the safe opening of borders in the post-pandemic era.

 

The Digital Working Group (DWG) meanwhile said it would promote digital infrastructure at the regional level in order to boost trade and improve competitiveness.

 

The MSME and Inclusiveness Working Group (MSMEWG) also said it favored promoting the development of a digital system for MSMEs, along with digital infrastructure for supply chain financing.

 

The Sustainability Working Group (SWG) meanwhile suggested that APEC focus on climate change and an environmental-friendly economic recovery by promoting alternative energy sources and food security.

 

Finally, the Finance and Economics Working Group (FEWG) recommended the development of public-private partnerships for pandemic risk financing. The aim would be to fund sustainable infrastructure projects in the region.

 

The working group also suggested that the bloc create a favorable environment for digital currency systems.

 

-- © Copyright NNT 2022-02-23

 

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[John Drake]

How does their digital transformation compare with this one: "Last Friday, the Thai Digital Economy and Society Minister Chaiwut Thanakhamanusorn appeared to resurrect plans first mooted by the military junta up to 2015, to install a national internet gateway in Thailand to control and restrict access to external online content as an issue of national security."    https://aseannow.com/topic/1251112-minister-signals-a-move-to-resurrect-a-national-internet-gateway-and-stronger-online-controls/

 

[Phuketshrew]

Upgrading from Windows 3.1 to Windows 95 ?

[Cake Monster]

" Digital Transformation "

Dream on Thailand, you have no idea.

My Daughter is about to finish Matiyom 6 and progress to University.

For Years she has been Digitally Aware, doing online Python Courses , AI , and other progressive Courses.

18 Months ago, her school closed its Computer Club, and she was gutted.

However she has persevered with online courses that have helped her to gain a place at a Top University ( had a choice of 3 with direct entry based on Academic Proficiency ) to study in her dream of becoming a Data Scientist.

Her Computer Club and all her Computer classes at her school have been replaced with the life enhancing skills of - wait for it

Dance Classes, and Art Classes.

Skills that are required by every potential Employer in the World - NOT