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Businesses to adapt to technological change: AG

September 2, 2018 5:19 pm

Economy Minister Aiyaz Sayed-Khaiyum has called on businesses to adapt to new technological changes and move forward with change.

Speaking at the Business 2025 forum over the weekend, Sayed-Khaiyum says sometimes businesses become lax and depend on government to set the pace.

He adds businesses need to become more innovative in their approaches as it will benefit not only their profits but the economy as a whole.

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The Minister says adapting digital policies will advance both growth and creativity in the business sector.

He adds this will have a ripple effect and other businesses could learn off each other.

Sayed-Khaiyum also challenged businesses to step out of their comfort zones and make tough decisions when and where necessary.