The interim government’s new SME reform package, though well intentioned, misunderstands the challenges facing genuine small businesses. One of the measures removes the rule requiring entrepreneurs to keep 10 percent of export proceeds in banks. While this may ease cash flow for established exporters, it obscures the reality for small businesses such as street-side artisans, tech startup founders and women running food processing units from home.
Social media has become a crucial part of this transformation, influencing everything from politics to social movements.
As the world does its best to move on from the pandemic, one of the lasting legacies for many advanced economies has been greater adoption of digital technologies. Working from home is now common, and many companies have expanded online operations.
Digital transformation in learning is the 4th Industrial Revolution. Futurist Thomas Fey predicted that two billion jobs will disappear by