Question

what is the effect of infomation communication technology sector in corona virus related in ASEAN

Answer 1

COVID-19 Pandemic Outbreak throughout Asia has disrupted technology companies, It is inevitable that,situation changing daily & roller coaster ride of financial markets. As per the information the importance of information technology , it will forge new bond of digital connectivity between India & ASEAN to help connect remote areas, with regard to information & communication technology cooperation, PM emphasized on a new area of cooperation through a regional high capacity fibre optic network to digitally connect remote areas.ASEAN based investors into the country can effectively manage their businesses operations in china, while considering paying IT sectors resources extra to ensure they are working during the holiday period in preparation , the IT staffs in ASEAN countries available to deal with connectivity & other related issues,with employees working remotely, more problem can be expected to arise.

As a lot of companies forced to work from home remotely in the account of the public health concerns , there is a massive loss in the companies who have international dealers.Due to the coronavirus, a lot of opportunities opened up in the IT industry, such as the growing need for the 5G technology, which helps connecting remote interactions. The COVID-19 Pandemic has caused drastic changes in many industries, Information technology industry is the major among them, weaknesses the IT sector facing fall in the economy, The spread of this deadly virus caused a lot of technological conferences to get cancelled. It impact on technological sector ;affecting raw materials supply,disrupting the electronics value chain, causing an inflationary risk on products.Technological leaders evaluate the value chain & How disruption can be mitigated i future, drive technology innovation to support the future scenarios