business

MSMEs in the Informal Sector: Formalization Ensure Sustainable Finance and Decent Jobs?

About 2 billion workers, or over 60 percent of the world’s adult labor force, operate in the informal  sector –at least part-time, according to the ILO. The COVID-19 pandemic hit informal workers  particularly hard, especially women. Micro Small Medium Enterprises (MSME), both formal and  informal, make up over 90% of all firms around the globe and offer employment to one-third of 1.2  billion people in the world who work in the informal sector. They generate services for other sectors  like small and large industries, retail, tourism, transportation, construction, etc., and contribute to over  30% of GDP and more than 70% of all jobs created in developing countries. MSMEs were heavily  impacted by the pandemic and continue to face existential challenges on various fronts including but  not limited to business formalization.

MSMEs, both formal and informal, make up over 90% of all firms around the globe1 and contribute to more than half of the GDP in most countries irrespective of income2. As many countries struggle to cope with the growing debt burdens and limited fiscal space to finance the SDGs, the important role of MSMEs as catalytic forces for achieving the SDGs cannot be stressed enough. Despite formalization gathering pace, MSMEs and those in the informal sector also continue to struggle to access formal finance. Without the appropriate regulatory reforms, social protection measures, access to formal finance, and capacity building in tools such as financial literacy and numeracy tools to help manage finances effectively, inclusive growth and a decent work environment for those in the sector will remain a challenge. As part of the Development Cooperation Strategy 2020-25, the ILO is forging partnerships that advance policy objectives and coherence within the framework of Integrated National Financing Frameworks (INFFs) that promote Financing Decent Work. In this panel, the speakers will share global and on-the-ground perspectives and explore steps countries are taking through regulatory reforms, access to finance, and capacity building to ensure sustainable finance and decent work for MSMEs in the informal sector.

Register here!

Speakers:  

  • H.E. Mr. Arrmanatha Christiawan Nasir, Ambassador, Permanent Mission of Indonesia to the  UN (TBC) 
  • Ms. Chantal Line Carpentier, Chief, UNCTAD New York Office of the Secretary-General
  • Ms. Adriana Marina, Founder of Hecho por Nosotros & animaná, Argentina
  • Mr. Amar G. Prabhu, Principal of Don Bosco Industrial Training Institute Kurla, Mumbai, India
  • Ms. Sandie Ejang Elobu, CEO, Western Silk Road, Ltd., Uganda 
  • Ms. Nana Efua Brown-Orleans, Program Lead, Duapa Workspace, Ghana 
  • Ms. Estella Kabagaya Eldradaa, Founder, Mama Children Village, Uganda

Organizers: NGO Committee on Financing for Development, Virginia  Gildersleeve International Fund (DBA Women First International Fund), Salesian Missions Inc, Africa  Development Interchange Network, Institute of the Blessed Virgin Mary, Sisters of Charity Federation

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CoNGO Notes: The NGO Committee on Financing for Development is a Substantive Committee of the Conference of NGOs in Consultative Relationship with the United Nations. Likewise, for more information on the NGO Committee on Social Development, please visit ngosocdev.org. For more information on the NGO Committee on Sustainable Development/NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Sustainable Development/Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on the Status of Women/NY, please visit ngocsw.org. For more information on the NGO Committee on the Status of Women/Geneva, please visit ngocsw-geneva.ch. For more information on the NGO Committee on the Status of Women/Vienna, please visit ngocswvienna.org.

MSMEs in the Informal Sector: Formalization Ensure Sustainable Finance and Decent Jobs?

About 2 billion workers, or over 60 percent of the world’s adult labor force, operate in the informal  sector –at least part-time, according to the ILO. The COVID-19 pandemic hit informal workers  particularly hard, especially women. Micro Small Medium Enterprises (MSME), both formal and  informal, make up over 90% of all firms around the globe and offer employment to one-third of 1.2  billion people in the world who work in the informal sector. They generate services for other sectors  like small and large industries, retail, tourism, transportation, construction, etc., and contribute to over  30% of GDP and more than 70% of all jobs created in developing countries. MSMEs were heavily  impacted by the pandemic and continue to face existential challenges on various fronts including but  not limited to business formalization.

MSMEs, both formal and informal, make up over 90% of all firms around the globe1 and contribute to more than half of the GDP in most countries irrespective of income2. As many countries struggle to cope with the growing debt burdens and limited fiscal space to finance the SDGs, the important role of MSMEs as catalytic forces for achieving the SDGs cannot be stressed enough. Despite formalization gathering pace, MSMEs and those in the informal sector also continue to struggle to access formal finance. Without the appropriate regulatory reforms, social protection measures, access to formal finance, and capacity building in tools such as financial literacy and numeracy tools to help manage finances effectively, inclusive growth and a decent work environment for those in the sector will remain a challenge. As part of the Development Cooperation Strategy 2020-25, the ILO is forging partnerships that advance policy objectives and coherence within the framework of Integrated National Financing Frameworks (INFFs) that promote Financing Decent Work. In this panel, the speakers will share global and on-the-ground perspectives and explore steps countries are taking through regulatory reforms, access to finance, and capacity building to ensure sustainable finance and decent work for MSMEs in the informal sector.

Register here!

Speakers:  

  • H.E. Mr. Arrmanatha Christiawan Nasir, Ambassador, Permanent Mission of Indonesia to the  UN (TBC) 
  • Ms. Chantal Line Carpentier, Chief, UNCTAD New York Office of the Secretary-General
  • Ms. Adriana Marina, Founder of Hecho por Nosotros & animaná, Argentina
  • Mr. Amar G. Prabhu, Principal of Don Bosco Industrial Training Institute Kurla, Mumbai, India
  • Ms. Sandie Ejang Elobu, CEO, Western Silk Road, Ltd., Uganda 
  • Ms. Nana Efua Brown-Orleans, Program Lead, Duapa Workspace, Ghana 
  • Ms. Estella Kabagaya Eldradaa, Founder, Mama Children Village, Uganda

Organizers: NGO Committee on Financing for Development, Virginia  Gildersleeve International Fund (DBA Women First International Fund), Salesian Missions Inc, Africa  Development Interchange Network, Institute of the Blessed Virgin Mary, Sisters of Charity Federation

__________________________________________________________________________________________________________

CoNGO Notes: The NGO Committee on Financing for Development is a Substantive Committee of the Conference of NGOs in Consultative Relationship with the United Nations. Likewise, for more information on the NGO Committee on Social Development, please visit ngosocdev.org. For more information on the NGO Committee on Sustainable Development/NY, please visit ngocsd-ny.org. For more information on the NGO Committee on Sustainable Development/Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on the Status of Women/NY, please visit ngocsw.org. For more information on the NGO Committee on the Status of Women/Geneva, please visit ngocsw-geneva.ch. For more information on the NGO Committee on the Status of Women/Vienna, please visit ngocswvienna.org.

Smart Solutions for Better Business: Is Your Enterprise Future-Ready?

CACCI is pleased to invite members and friends to join the webinar on “Smart Solutions for Better Business: Is Your Enterprise Future-Ready?” which will be held on October 4, 2022 at 2:00 PM Taipei time (GMT+8).

To register, please visit bit.ly/SmartBizSolutions.

The webinar aims to introduce successful cases of smart solutions in various fields of business. Experts will be invited to present various smart solutions applicable to business and provide the opportunity to discuss potential collaboration among businessmen in the Asia-Pacific region.

The 90-minute session will be moderated by Herman Sameisky, the International Director of Taiwan Smart Solutions Association. Mr. Samiesky is a technical communicator and data analyst who has previously worked for Google and Amazon.

(1) James Chiao, Chairman of the Asian ICT Council at CACCI and the Smart Cities Committee at CIECA-Taiwan; Founding President of Taiwan Smart Solutions Association; and CEO of Smart Cities Consulting, Ltd, Co.  will talk about the COVID-19 Pandemic’s impact on and opportunities for businesses. In particular, he will discuss the digital transformation of businesses, how smart solutions can optimize them, and how glocalization is a win-win business model for international partnerships.

The session will then delve into case studies of smart solutions for businesses.

(2) Joni Kuo, Chairman of Softfoundry International Pte Ltd., will introduce FacePro  “5G+AR Remote Xpert” Smart Service,” which enables experts to remotely guide on-site personnel with 4K ultra-high-definition video from the first perspective and conduct troubleshooting and maintenance, which not only improves maintenance efficiency and ensures safety, but also results in a sharing of expertise and technology.

(3) Shao-Jen Weng, CEO of Healthcare Systems Consortium (HSC), will focus on how hospitals and health systems are positioning their organizations for the future in a post-pandemic world, and the top 10 healthcare industry trends and innovations that impact healthcare companies worldwide.

(4) Bruce King, Marketing Director of GoodLinker Co., Ltd., will look into the two common barriers manufacturing SMEs face in reaching digital transformation to be smarter and more efficient. He will also tackle the benefits of Industry Internet of Thing (IIoT), and the service model with glocalization eco-system. Examples of different industry application cases will also be presented.

(5) The session will conclude with a Q&A.

Please note that registrants will also receive a link to the webinar’s video and presentation documents after the session.

_____________________________________________________________________________________________

CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development/Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Sustainable Development/New York, please visit ngocsd-ny.org. For more information on the NGO Committee on Social Development, please visit ngosocdev.org

Smart Solutions for Better Business: Is Your Enterprise Future-Ready?

CACCI is pleased to invite members and friends to join the webinar on “Smart Solutions for Better Business: Is Your Enterprise Future-Ready?” which will be held on October 4, 2022 at 2:00 PM Taipei time (GMT+8).

To register, please visit bit.ly/SmartBizSolutions.

The webinar aims to introduce successful cases of smart solutions in various fields of business. Experts will be invited to present various smart solutions applicable to business and provide the opportunity to discuss potential collaboration among businessmen in the Asia-Pacific region.

The 90-minute session will be moderated by Herman Sameisky, the International Director of Taiwan Smart Solutions Association. Mr. Samiesky is a technical communicator and data analyst who has previously worked for Google and Amazon.

(1) James Chiao, Chairman of the Asian ICT Council at CACCI and the Smart Cities Committee at CIECA-Taiwan; Founding President of Taiwan Smart Solutions Association; and CEO of Smart Cities Consulting, Ltd, Co.  will talk about the COVID-19 Pandemic’s impact on and opportunities for businesses. In particular, he will discuss the digital transformation of businesses, how smart solutions can optimize them, and how glocalization is a win-win business model for international partnerships.

The session will then delve into case studies of smart solutions for businesses.

(2) Joni Kuo, Chairman of Softfoundry International Pte Ltd., will introduce FacePro  “5G+AR Remote Xpert” Smart Service,” which enables experts to remotely guide on-site personnel with 4K ultra-high-definition video from the first perspective and conduct troubleshooting and maintenance, which not only improves maintenance efficiency and ensures safety, but also results in a sharing of expertise and technology.

(3) Shao-Jen Weng, CEO of Healthcare Systems Consortium (HSC), will focus on how hospitals and health systems are positioning their organizations for the future in a post-pandemic world, and the top 10 healthcare industry trends and innovations that impact healthcare companies worldwide.

(4) Bruce King, Marketing Director of GoodLinker Co., Ltd., will look into the two common barriers manufacturing SMEs face in reaching digital transformation to be smarter and more efficient. He will also tackle the benefits of Industry Internet of Thing (IIoT), and the service model with glocalization eco-system. Examples of different industry application cases will also be presented.

(5) The session will conclude with a Q&A.

Please note that registrants will also receive a link to the webinar’s video and presentation documents after the session.

_____________________________________________________________________________________________

CoNGO Notes: For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org. For more information on the NGO Committee on Sustainable Development/Vienna, please visit ngocsdvienna.org. For more information on the NGO Committee on Sustainable Development/New York, please visit ngocsd-ny.org. For more information on the NGO Committee on Social Development, please visit ngosocdev.org

Economic Empowerment of Women in Rural India

Join us for this HLPF side event featuring a lively panel discussion followed by an entrepreneurial showcase.

Register here: https://us02web.zoom.us/meeting/register/tZApcu2tpjoiGdMZpmkCuFutzIkkr9mdBP3N?mc_cid=13e5b4d572&mc_eid=e1bba69d46

__________________________________________________________________________________________

CoNGO Notes: For more information on the NGO Committee on the Status of Women-NY, a Substantive Committee of the Conference of NGOs in Consultative Relationship at the United Nations, please visit  ngocsw.org. Likewise, for more information on the NGO Committee on Social Development, please visit ngosocdev.org. For more information on the NGO Committee on Migration, please visit ngo-migration.org. For more information on the NGO Committee on the Status of Women-Vienna, please visit ngocswvienna.org. For more information on the NGO Committee to Stop Trafficking in Persons, please visit ngocstip.org. For more information on the NGO Committee on the Status of Women-Geneva, please visit  ngocsw-geneva.ch. For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org

Economic Empowerment of Women in Rural India

Join us for this HLPF side event featuring a lively panel discussion followed by an entrepreneurial showcase.

Register here: https://us02web.zoom.us/meeting/register/tZApcu2tpjoiGdMZpmkCuFutzIkkr9mdBP3N?mc_cid=13e5b4d572&mc_eid=e1bba69d46

__________________________________________________________________________________________

CoNGO Notes: For more information on the NGO Committee on the Status of Women-NY, a Substantive Committee of the Conference of NGOs in Consultative Relationship at the United Nations, please visit  ngocsw.org. Likewise, for more information on the NGO Committee on Social Development, please visit ngosocdev.org. For more information on the NGO Committee on Migration, please visit ngo-migration.org. For more information on the NGO Committee on the Status of Women-Vienna, please visit ngocswvienna.org. For more information on the NGO Committee to Stop Trafficking in Persons, please visit ngocstip.org. For more information on the NGO Committee on the Status of Women-Geneva, please visit  ngocsw-geneva.ch. For more information on the NGO Committee on Financing for Development, please visit ngosonffd.org