Latest news with #BusinessContinuityPlan


Asahi Shimbun
28-07-2025
- Health
- Asahi Shimbun
9,600 hospitals, care centers in Nankai Trough flooding zone
Some 2,300 medical institutions and 7,300 welfare facilities are at risk of flooding in a tsunami triggered by the long-expected Nankai Trough megaquake, according to a new analysis. In this zone are 12 disaster base hospitals that must now factor in the possibility their operations could be disrupted, according to The Asahi Shimbun's analysis of the government's predicted tsunami flood area announced in March. Each of the hospitals is designated by their respective prefectural government and responsible for providing medical care during major calamities. 30-PERCENT INCREASE The central government revised its Nankai Trough earthquake damage projections for the first time in a decade in March. This revision recalculated tsunami height, arrival time and flood zones across 11 scenarios based on epicenter location and other factors. It predicts a maximum area of 1,151.5 square kilometers, spanning from Fukushima to Okinawa prefectures, is likely to be flooded by a tsunami at least 30 centimeters tall. This represents a 30 percent increase compared to previous estimates after integrating updated topographical data. The Asahi Shimbun analyzed the flood zone map for the 11 scenarios by overlaying it with geolocations from the land ministry's 'Digital National Land Information' data that includes the locations of medical facilities, nursing homes and facilities for people with disabilities. The overlay indicates 2,347 medical facilities in Tokyo and 20 prefectures are located in areas at risk of flooding in at least one of the government's 11 scenarios. This accounts for 3.2 percent of all medical facilities in Tokyo and the 20 prefectures. By prefecture, Tokushima has the highest number of affected medical facilities, with 260 representing 31.6 percent of the prefectural total. Kochi follows with 252 facilities, or 38.2 percent of its total, trailed by Wakayama with 242 facilities comprising 21.8 percent of its total. An even greater number of welfare facilities dedicated to elderly care and individuals with disabilities fall within the predicted flood zone. The combined total for Tokyo and 22 prefectures is 7,270. Among these, Kochi Prefecture has the highest number with 1,286 facilities at 33.4 percent of its welfare facilities. This was followed by Tokushima with 1,199 facilities comprising 28.1 percent of its total and Ehime with 925 facilities making up 13.2 percent of its total. Being caught in tsunami waters of 30 cm or higher is life-threatening, according to the Cabinet Office. Additionally, not only could an earthquake-tsunami combination result in large numbers of injuries, but resulting power outages may endanger the lives of hospital patients. To counter this, the health ministry requires all medical institutions to be prepared to continue operations even after a disaster. However, as of fiscal 2022, only 60 percent of disaster base hospitals and emergency medical centers had established a Business Continuity Plan (BCP). The government's basic countermeasure plan for the Nankai Trough earthquake mandates that hospitals and welfare facilities in areas expected to see flooding of 30 cm or more must create evacuation plans, particularly those with high visitor numbers. Eighty-one percent had done so by 2023. EVACUATE UP, NOT OUT Nanko Hospital in Osaka's Suminoe Ward is one of the medical institutions that found itself at risk of flooding in the government's latest Nankai Trough earthquake damage projections. 'This is a region that has lived in tandem with water,' Tadashi Ito, senior hospital official said. 'So, the risk of tsunami flooding is something we've always anticipated. We will continue to strengthen our countermeasures.' Osaka's hazard map indicates the five-story hospital lies in an area that could experience flooding between 50 cm and 3 meters deep triggered by the Nankai Trough megaquake. The hospital was built in 1971 and does not meet current earthquake standards, but a new six-story facility is under construction nearby. Until then, Ito said the hospital's emergency plan for the current building entails moving patients to higher floors. Staff members are to divide the labor and implement an 'all-hands-on-deck approach' to reduce the evacuation time. Workers would need to evacuate the hospital's 36 inpatients from the second floor and all outpatients from the first floor up to the third floor or higher depending on how severe flooding is. Based on past drills, it takes four staff members about 10 minutes to carry one patient up the stairs to the next floor. This plan will not be as crucial at the new building—the first-floor ceiling is higher and all hospital beds will be located on the third floor and up. (This article was compiled from reports by Shoko Rikimaru, Kanato Ishii, Shun Niekawa and Yasukazu Akada.)


The Star
19-06-2025
- Business
- The Star
System downtime affects import, export services in Brunei
BANDAR SERI BEGAWAN: The Brunei Darussalam National Single Window (BDNSW) has been experiencing system downtime since Monday, June 9, impacting digital processes related to the import and export of goods. According to a joint announcement from the BDNSW portal and the Ministry of Finance and Economy (MoFE) released on June 5, the downtime is due to ongoing system maintenance and security upgrades. These enhancements are part of efforts to strengthen cybersecurity and ensure compliance with standards set by the E-Government National Centre (EGNC). The Royal Customs and Excise Department (RCED), in collaboration with EGNC, is working to complete the maintenance as swiftly as possible. In the interim, a Business Continuity Plan (BCP) has been activated to maintain operations through manual procedures at all relevant checkpoints. Traders and stakeholders are advised to download the necessary manual forms via the BDNSW portal at and submit completed forms along with supporting documents, agency-issued permits (if required), and payments (if applicable) to checkpoint officers. Authorities expressed their appreciation for the public's understanding and patience during the temporary disruption and assured that regular updates will be provided via the BDNSW portal and MoFE social media platforms. – Borneo Bulletin/ANN


GMA Network
22-05-2025
- Business
- GMA Network
SM Supermalls empowers MSMEs' future through inclusive resilience
Micro, small, and medium enterprise (MSME) tenants and Department of Trade and Industry (DTI)-supported entrepreneurs gear up for resilience through SM Supermalls' nationwide Business Continuity Plan workshops. SM Supermalls champions resilience as a shared responsibility, empowering communities and micro, small, and medium enterprise (MSME) tenants nationwide. For SM Supermalls, resilience remains an essential pillar in its pursuit of sustainability. Without safe, secure, and prepared communities, the vision of sustainable development becomes difficult to achieve. This is why the company believes that promoting resilience is not only a matter of operational readiness but a responsibility to the communities and businesses that form the backbone of the economy. At the heart of this commitment are micro, small, and medium enterprises (MSMEs). These businesses are often the most vulnerable to disruptions brought about by natural and man-made hazards. Yet, they represent a critical force in the national economy---generating jobs, driving local commerce, and sustaining livelihoods. Recognizing their importance, SM Supermalls has made it a priority to help cultivate an MSME sector that is resilient. Across its network, close to 70 percent of SM Supermalls' tenants are currently MSMEs. These businesses operate under unique lessee contracts that acknowledge their specific needs and challenges. To support them, SM not only provides space but also promotes an environment that values preparedness and long-term continuity. Beyond providing retail spaces, SM Supermalls promotes micro, small, and medium enterprise (MSME) resilience through emergency drills and dedicated Business Continuity Planning (BCP) initiatives. SM Supermalls' most notable resilience initiative for its MSME tenants is a dedicated Business Continuity Planning (BCP) program launched in 2024. This capacity-building initiative enables businesses to develop tailored Business Continuity Plans and implement adaptive measures to reduce the impact of disruptions. SM's tenants are each provided with free access to 5GB of remote digital storage where they can securely store critical business documents such as their BCPs, permits, registrations, and insurance policies, among others. In the event of a disaster, access to these documents becomes seamless, allowing faster processing of insurance claims and a quicker return to operations. To further scale its impact, SM Supermalls established a public-private partnership with the Department of Trade and Industry (DTI), formalized through a Memorandum of Agreement in 2024. Together with ARISE Philippines, a United Nations Office for Disaster Risk Reduction (UNDRR)-affiliated private sector alliance for disaster resilience, the partnership aims to ensure that 6,000 MSMEs have robust BCPs by the end of 2027. Business continuity subject matter experts guide micro, small, and medium enterprises (MSMEs) in crafting their own Business Continuity Plans (BCPs) for their company. The Department of Trade and Industry (DTI) - Bureau of Small Medium Enterprise Development and SM Supermalls representatives join together in disaster risk resilience awareness and business continuity for micro, small and medium enterprises. This collaboration is led by DTI Regional Operations Group Undersecretary Blesila Lantayonaand Bureau of Small Medium Enterprise Development (BSMED) Director Emma Asusano, alongside SM Supermalls' Corporate Resilience Department. The shared goal is clear: to safeguard MSMEs nationwide through proactive preparedness. One key feature of the initiative is the SM-DTI Calamity Recovery (CARE) Booth, activated during times of calamity. Located in malls with communities impacted by disasters, the booth serves as an accessible touchpoint for MSMEs needing post-disaster support---providing a practical and timely response mechanism that bridges the gap between public resources and private needs. Additionally, SM Supermalls regularly hosts scheduled BCP workshops for MSMEs in collaboration with DTI. These workshops are conducted in centralized SM locations across various regions and are open to both SM tenants and DTI-assisted MSMEs. During these sessions, business owners are introduced to the various risks posed by different types of disasters and are guided step-by-step in developing their own BCPs. These plans are tailored to the unique nature and geographical location of their operations, and the sessions extend to the BCP testing and validation phase to ensure practical application and effectiveness. The participants are given one month to finalize their BCPs, which must be approved by their business management and submitted to DTI. Since the program's launch in September 2024, over 1,500 MSMEs have already undergone training, with more scheduled in the months ahead. 'Resilience is not built overnight, and requires education, commitment, and collaboration across different sectors. Knowing this, SM Supermalls continues to invest in long-term resilience not just for its business, but for the broader ecosystem of MSMEs it supports,' said SM Supermalls President Steven Tan. 'In doing so, we are reinforcing the fundamental truth that sustainable progress is only possible when communities and businesses are prepared to face the challenges of tomorrow.' The article above is a sponsored press release from SM Prime Holdings.
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Business Standard
14-05-2025
- Business
- Business Standard
Groww Invest Tech pays Rs 47.85L to Sebi, settles regulatory lapses case
Groww Invest Tech on Wednesday settled a case pertaining to the alleged violation of stock brokers' rules and other norms after the online investing platform paid Rs 47.85 lakh towards settlement amount. The order came after the broking company filed an application with Sebi "without admitting or denying the facts and conclusion of law", through a settlement order. "In view of the acceptance of the settlement terms, the adjudication proceedings initiated against applicant vide SCN dated November 25, 2024 is disposed of," Sebi's Adjudicating Officer Amit Kapoor said. The case stemmed from a comprehensive inspection of Groww Invest Tech (formerly Nextbillion Technology Pvt Ltd). The Securities and Exchange Board of India (Sebi) alleged that Groww had violated multiple provisions of the securities contracts (regulation), several Sebi circulars and stock broker regulations. Among the lapses cited, the regulator observed that the applicant (Groww Invest Tech) had sent retention statement containing incorrect information to clients viz. discrepancy in financial ledger balance and margin obligation in 38 instances. The markets watchdog also flagged Groww for offering non-securities services such as UPI payments and bill payments through its trading app, which could expose users to financial liability, the order said. Further, Sebi found that Groww's Business Continuity Plan was being reviewed annually instead of the mandated half-yearly frequency. Inadequacies were also noted in the firm's surveillance framework, particularly in analysing client trades based on financial capacity and updating income details, as per the order. Thereafter, a show cause notice was issued by the regulator to Groww Invest Tech for the alleged violations on November 25, 2024. Pursuant to the receipt of the settlement application, Groww filed revised settlement terms, which was cleared by Sebi. After remitting the settlement fee of Rs 47.85 lakh, Groww settled the case with Sebi. However, Sebi has reserved the right to reopen the case if it finds that the company did not make full disclosures or breached the settlement terms. On Tuesday, Groww Invest Tech settled with markets watchdog Sebi a matter related to alleged failure to handle a technical glitch in January 2024 by paying Rs 34.12 lakh.


Observer
16-03-2025
- Business
- Observer
MoUs signed to strengthen Oman's digital future
MUSCAT: The Sultanate of Oman's premier provider of managed cybersecurity and cloud solutions,Oman Data Park (ODP), announced the signing of three strategic Memorandums of Understanding (MoUs) recently. The agreements, signed with First Abu Dhabi Bank (FAB), Oman National Energy Investment Company (ONIEC), and NTG, mark a significant step toward advancing Oman's digital transformation across the banking, energy, and cloud services sectors. ng Maqbool al Wahaibi, CEO of ODP, stated, 'These partnerships reflect ODP's unwavering commitment to empowering organizations with secure, scalable, and cutting-edge cloud solutions. Whether in banking, energy, or enterprise technology, our mission is to equip businesses with the digital infrastructure they need to operate seamlessly and innovate confidently. By continuously investing in next-generation technologies and fostering strategic alliances, ODP is shaping a more resilient, efficient, and technology-driven future for Oman.' As part of its commitment to ensuring business continuity in the financial sector, ODP has signed an MoU with First Abu Dhabi Bank (FAB) to establish a state-of-the-art Disaster Recovery (DR) site at ODP's highly secure Tier 3 data center. This partnership ensures that FAB's critical data and systems remain protected against potential disruptions, reinforcing the bank's ability to maintain seamless operations under all circumstances. Beyond the DR site, ODP is also developing a comprehensive Business Continuity Plan (BCP) Centre for FAB, allowing the bank to quickly transition its operations in case of an unexpected crisis. This initiative strengthens operational resilience, enabling FAB to maintain service uptime and regulatory compliance while ensuring uninterrupted financial services for its customers. In line with Oman's national sustainability goals, ODP has entered a strategic collaboration with Oman National Engineering and Investment Company (ONEIC) to host a smart metering solution on its advanced cloud platform. This national-level project aims to revolutionize energy consumption monitoring across Oman by enabling real-time remote management of energy usage. By leveraging ODP's secure and scalable cloud technology, ONEIC will gain advanced capabilities in energy monitoring and data analytics, driving enhanced efficiency and sustainability in power consumption. This initiative marks a significant step in modernizing Oman's energy infrastructure and supports the country's vision for a smarter, greener future. Further strengthening its role as a digital enabler, ODP has signed an MoU with NTG to formalize a Reseller Agreement for Oracle Cloud Infrastructure (OCI) products. Through this partnership, NTG will serve as a front for ODP, offering OCI solutions directly to businesses across Oman. By expanding access to world-class cloud computing services, this collaboration will accelerate cloud adoption and digital transformation across various industries, empowering organizations with cutting-edge cloud capabilities. The initiative aligns with Oman's broader efforts to enhance digital infrastructure and boost business agility in an increasingly tech-driven economy.