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Semiconductors, Electronics and Pharmaceuticals Lead Digital Transformation in Manufacturing

The Smart Industry Readiness Index is the first international programme to benchmark the current state of manufacturing globally
Data from nearly 600 manufacturing companies across 30 countries reveals new trends and identifies leading industries
Semiconductors, Electronics, and Pharmaceuticals sectors are frontrunners in digital transformation, with top companies focusing on connectivity and digital process integration
Productivity and quality-linked performance indicators are key focus areas for both multinational corporations (MNCs) and small and medium-sized enterprises (SMEs) alike, but flexibility and speed are fast-emerging areas of priority
The International Centre for Industrial Transformation – an independent, non-governmental, not-for-profit organization – has been established to work with both public and private sector partners to scale the SIRI Programme internationally

World Economic Forum Annual Meeting rescheduled to 22-26 May

The World Economic Forum is pleased to announce that it will hold its Annual Meeting 2022 in Davos-Klosters, Switzerland, from Sunday 22 to Thursday 26 May. Under the theme, Working Together, Restoring Trust, the Annual Meeting 2022 will be the first global in-person leadership event since the start of the pandemic.

Prime Minister Scott Morrison Highlights the ‘Australian Way’ on COVID, Climate Change and Growth

At the Davos Agenda, the Prime Minister said Australia is emerging strongly from the pandemic and remains a stable and reliable partner as well as an important geopolitical stabilizer in the Indo-Pacific region
Morrison appeals for the world to “grow together”, with a rapid economic recovery necessary to close widening inequality gaps
He said Australia will be at the forefront of the new energy revolution, focusing on low-emission technologies
Australia aims to become a top 10 digital economy by 2030, underpinned by safety, security and trust

US Treasury Secretary Yellen at Davos Agenda: Optimistic about Prosperous Future and Recovery

Janet Yellen says despite impact of the COVID-19 pandemic, the economic recovery in the US has exceeded the most optimistic expectations
US labour market is exceptionally strong, with 6 million jobs added in 2021 and the unemployment rate below 4%.
The Biden administration’s economic growth strategy is guided by modern supply-side economics, which prioritizes labour supply, human capital, public infrastructure and investments in a sustainable environment.

Davos Agenda Closes with Calls for New Models of Public-Private Cooperation

World leaders met during the Davos Agenda and made urgent calls for public-private cooperation to identify and scale solutions for health, the environment and social justice
Heads of state and government, chief executives and civil society leaders spoke in open dialogue about their challenges and priorities in the year ahead
The discussions will feed into initiatives and platforms in the run-up to the Annual Meeting 2022 in Davos-Klosters from 22-26 May


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