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Queen and the Pope lead world leaders in congratulating Biden: EU chief hails ‘the moment we’ve all been waiting for’, Merkel welcomes ‘new chapter’ and France’s Macron can’t resist a climate change dig at Trump

January 20, 2021 by www.dailymail.co.uk

The 78-year-old thanked his predecessors of both parties for being at his swearing-in. Former Presidents Barack Obama, Bill Clinton and George W. Bush attended – making Trump's absence even more notable. Trump skipped the event, flying to Mar-a-Lago after organizing his own pep rally sendoff, telling supporters and family members 'Have a good life, we will see you soon. … [Read more...] about Queen and the Pope lead world leaders in congratulating Biden: EU chief hails ‘the moment we’ve all been waiting for’, Merkel welcomes ‘new chapter’ and France’s Macron can’t resist a climate change dig at Trump

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VIETNAM BUSINESS NEWS JANUARY 21

January 21, 2021 by vietnamnet.vn

While 68% of training institutions in the country reported feeling well-equipped for 4IR, this was a lower rate than Cambodia who recorded 73%, the Philippines with 81%, and Indonesia at 95%. In addition, there is also a mismatch in perceptions between training institutions and employers in terms of the readiness of graduates to work. Only 4% of domestic training institutions reported using online training platforms, while 18% reported using augmented reality and virtual reality tools for training purposes. … [Read more...] about VIETNAM BUSINESS NEWS JANUARY 21

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VIETNAM NEWS JANUARY 21

January 21, 2021 by vietnamnet.vn

“It is expected to grow again around 7 percent this year because Vietnam signed recently several free trade agreements such as the European Union -Vietnam Free Trade Agreement (EVFTA), the Regional Comprehensive Economic Partnership (RCEP) agreement and the newly-concluded United Kingdom-Vietnam Free Trade Agreement (UKVFTA),” he told the Vietnam News Agency (VNA)’s reporter in Jakarta. … [Read more...] about VIETNAM NEWS JANUARY 21

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Opinion: Is PLI Scheme a game changer

January 21, 2021 by government.economictimes.indiatimes.com

In the era of big-tech dominated virtual world, hard-core manufacturing is hardly the place where one would look for excitement. But, back home here, that is the space that is buzzing with a lot of actions of late. Sample this…Apple to bring in more of its global suppliers in the component space (not handset assembly, but the entire eco-system for parts).Dixon to foray into ICT hardware (Laptops, Tablets, Desktops manufacturing in large scale.)Tata to invest in a green-field project for a phone component plant for Apple (entailing ₹5000 crore.)Corporates have lined-up significant capital investments in Specialty chemicals/API/ Agrochemicals etc. under PLI. India’s manufacturing has been on a secular decline for long. From 17%+ contribution to the GDP from the start of the decade, it has steadily slipped to an abysmally low level of 13% now. Arguing fiercely about India’s failing manufacturing has been a bit like flogging a dead horse so far. It was considered a … [Read more...] about Opinion: Is PLI Scheme a game changer

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Investing in health is good economics

January 21, 2021 by health.economictimes.indiatimes.com

by Anurag KumarHealth spending is largely viewed as a cost. This is true of Governments and individuals alike. Finance Ministries thinks of health as a social sector expenditure. Individuals avoid paying for health till it becomes absolutely necessary and unavoidable.It would be wise for both, Governments, and individuals to consider health as an investment instead. Individual ‘investment’ in self-care and preventive health yield returns by lowering need for, and spending on curative care. Government investment in health has a strong multiplier effect throughout the economy in addition to enhancing the population’s well-being.The 2021 budget presents an opportunity to mark a departure from the chronic, low public spending on health. Policymakers should take the Covid-19 pandemic as a cue to move health expenditure to a higher orbit. Beyond the immediate need to fund Covid-19 vaccination, it is also a critical juncture where the role and impact of public health funding … [Read more...] about Investing in health is good economics

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