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09-Jul-2020

(Ordinary member only) JCC /JETRO/KPMG Web Seminar COVID-19 ~Implications of COVID-19 for the Society and Industry~

  • Date: 9 July 2020 (Thu)
  • Time: 14:00 – 15:35
  • Tool: Microsoft Teams
  • Admission: Free of Charge
  • Registration deadline: 7 July
  • Language: Section 2&3 in Japanese / Section 1 in English

 

14:00 – 14:05 (5 min) Opening Remarks by JCC
14:05 – 14:25 (20 min) (Section 1) “20 predictions for the next 20 years”  by Karina Kuperus – Partner – Head of Innovation and Digitalization – KPMG Netherlands Advisory
14:25 – 14:30 (5 min) Japanese summary for Sec 1 by Keiji Maeda – Senior Manager – KPMG Netherlands
14:30 – 15:10 (40 min) (Section 2) “The economic impact of the COVID-19 crisis” by Koji Kobayashi, Chief Representative, London Office, Mizuho Research Institute
15:10 – 15:30 (20 min) (Section 3) “COVID-19 financial support packages” by Kenichi Miyamoto – Senior Manager – KPMG Netherlands
15:30 – 15:35 (5 min) Closing Remarks by Cees van der Helm – Partner – KPMG Netherlands

All of us are in the midst of the COVID-19 crisis and have grasped the first implications of the crisis on the society and the industry. Whereas the immediate concern for all of us was to deal with the short-term implications, we are slowly developing to getting an eye for the long-term implications. Wide ranging predictions are being published by the OECD, IMF, the EU and local governments on the economic implications of the COVID-19 crisis. However, besides the economic implications, also the way that we work and live is likely to be impacted with lessons learned from this crisis. The so-called ‘new normal’ has been introduced as a term to describe the adopted live and working style to counter any revival of the COVID-19 outbreak.

 

At the seminar, we will first begin with a presentation by Karina Kuperus, Head of Innovation & Digital at KPMG in the Netherlands. She will present KPMG’s “20 predictions for the next 20 years”.

Just 20 years into the 21st Century, we have already seen remarkable changes that our 20th Century selves could never have anticipated. In the 1990s, no-one had bought an iPhone or logged into Facebook or Twitter, and Google failed to sell for US$1 million. If so, much can change in such a short time, what does the next 20 years have in store? Karina will go into several of the 20 predictions like “Planet of the Bots” and “Lifelong learning will become a human need” and will describe the European business impact. She will also describe how several of these trends have accelerated during the last 5 months due to Covid-19 like “the transformation of food production and consumption” and “the future of mobility”.

Next, we will receive insights Koji Kobayashi from Mizuho Research Institute on the economic impact of the COVID-19 crisis. Based on the data analyzed by Mizuho Research Institute, the impact since the outbreak of the crisis as well as the forecasts for the impact going forward, will be discussed. The seminar will close with an overview presented by Kenichi Miyamoto – Senior Tax Manager – Global Japanese Practice – KPMG The Netherlands – of the various COVID-19 financial support packages that the Dutch government has introduced since mid-March to support the industry and entrepreneurs in general. Whereas the first package was focused to protect employment, further packages are more refined and conditional.