arabtoday
Last Updated : GMT 21:10:09
Arab Today, arab today
Arab Today, arab today

APEC officials: Better emergency planning can help business

Arab Today, arab today

Arab Today, arab today APEC officials: Better emergency planning can help business

Hanoi - WAM

Improved emergency planning among businesses in the Asia-Pacific is needed to boost their ability to limit potential disruptions to commercial activity in the world\'s most natural disaster-prone region, according to officials and disaster management experts of the Asia-Pacific Economic Cooperation (APEC) in statements during a two-day workshop on business continuity planning that concluded on Friday in Hanoi, Vietnam Governments can play a critical role in facilitating the effective use of business continuity plans, they said. \"Many businesses are unprepared for the effects of natural disasters which can lead to ongoing disruptions, financial losses and even bankruptcy,\" Dr Nyguen Huu Phuc, Co-Chair of the APEC Emergency Preparedness Working Group was quoted today in APEC\'s release as saying. \"Regional supply chains are now so intertwined that a single incident such as a flood or an earthquake can affect production and trade across the entire Asia-Pacific,\" he added. Over 70 percent of all natural disasters occur within APEC economies, according to the organisation. Among companies in the region which employ more than 300 people, nearly 70 percent have instituted or are preparing a business continuity plan to deal with a catastrophe, according to an APEC survey in 2012. But only 13 percent of smaller firms indicated that they have one in place. About half were unaware of the business continuity plan concept. \"Small businesses are the backbone of economies and communities in the APEC region,\" said Dr Li Wei-sen, who is also Co-Chair of the APEC Emergency Preparedness Working Group. \"When they are impacted by a disaster, the implications for people\'s livelihoods are potentially severe.\" \"Public efforts to raise awareness of business continuity planning benefits and development processes are critical to building the sector\'s capacity to continue operations during an emergency. This can increase confidence in the region\'s economies and even attract greater foreign investment,\" Dr Li explained. APEC members are examining ways to support this work. Some tactics include promotional campaigns and seminars, tools such as information websites and portable device applications, and possible training and funding outlets. They are also developing a handbook to assist government agencies with the implementation of these measures. A draft outline was unveiled during the workshop. The final version will be issued before the end of this year. Chaired by Australia, the workshop followed a one-day public symposium in Hanoi on business continuity planning for local small and medium enterprises.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today apec officials better emergency planning can help business Arab Today, arab today apec officials better emergency planning can help business

 



Arab Today, arab today
Arab Today, arab today Adidas Originals ‘reinterpreted’

GMT 14:52 2016 Thursday ,01 December

Adidas Originals ‘reinterpreted’
Arab Today, arab today At Milaidhoo Island, Maldives

GMT 08:42 2016 Wednesday ,07 December

At Milaidhoo Island, Maldives
Arab Today, arab today Paris's matchbox apartments

GMT 10:37 2016 Saturday ,24 September

Paris's matchbox apartments
Arab Today, arab today At least 50,000 Daesh fighters killed

GMT 07:57 2016 Friday ,09 December

At least 50,000 Daesh fighters killed
Arab Today, arab today 'Rookie' Trump must fall into line

GMT 08:02 2016 Tuesday ,06 December

'Rookie' Trump must fall into line

GMT 14:13 2016 Thursday ,08 December

British PM seeks to boost Gulf economic ties

GMT 15:45 2016 Wednesday ,07 December

Britain clamps down on spread betting industry

GMT 15:29 2016 Wednesday ,07 December

Oil firms and carmakers diverge in costly debate

GMT 09:41 2016 Tuesday ,06 December

Japan moves closer to legalising casinos in Tokyo

GMT 17:59 2016 Monday ,05 December

Uproar as Egypt sharply increases customs duties
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today The summer school raising aspirations

GMT 12:49 2016 Tuesday ,06 December

The summer school raising aspirations
Arab Today, arab today Ryan Gosling, Emma Stone immortalized

GMT 12:31 2016 Thursday ,08 December

Ryan Gosling, Emma Stone immortalized
Arab Today, arab today Australia's Rinehart, China group

GMT 10:02 2016 Friday ,09 December

Australia's Rinehart, China group
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Hyundai allows Saudi journalists

GMT 15:14 2016 Thursday ,01 December

Hyundai allows Saudi journalists
Arab Today, arab today Latest Infiniti QX to compete

GMT 13:16 2016 Saturday ,26 November

Latest Infiniti QX to compete
Arab Today, arab today France bets on Bollywood

GMT 10:48 2016 Tuesday ,06 December

France bets on Bollywood
Arab Today, arab today Swiss unveil stratospheric solar plane

GMT 13:47 2016 Thursday ,08 December

Swiss unveil stratospheric solar plane

GMT 11:20 2016 Monday ,05 December

By glorifying Soviet WWII 'myth'

GMT 10:52 2016 Tuesday ,06 December

Vanessa Redgrave makes directing

GMT 04:15 2016 Thursday ,30 June

World's largest uncut diamond fails

GMT 11:39 2016 Tuesday ,06 December

Indonesia expands protection

GMT 15:59 2015 Wednesday ,27 May

Seoul elevates gardening to high art

GMT 12:39 2016 Saturday ,26 November

Skin patch could help kids

GMT 13:17 2016 Friday ,25 November

Ajman Tourism launches time capsule

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 09:53 2016 Sunday ,15 May

OMEGA official timekeepers
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Powered and Developed by FilmMatters

Copyright © 2016 Arabtoday

Developed by FilmMatters

© 2016 Arabtoday

arabtoday arabtoday arabtoday
arabtoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabtoday, Arabtoday, Arabtoday