With the COVID-19 pandemic sweeping through the nation, governments and health authorities have implemented various social distancing measures in order to curb the spread. These new regulations and measures have forced companies to adapt their operations to the evolving situation.
Here are 3 examples of how some ASX shares are innovatively combating the COVID-19 pandemic.
Casinos implementing social distancing
Crown Resorts Ltd (ASX: CWN) and other casino and entertainment operators have been and will continue to be hit hard by the social distancing measured to curb COVID-19. In order to comply with government regulations, Crown has introduced innovative measures to keep people apart.
One such measure is switching off every second gaming machine at its casinos and restricting the number of players at table games to 5. The company also plans to install hundreds of alcohol-based hand-sanitizers across its gaming floors and strengthen cleaning measures. In addition, Crown will limit the number of people at its banqueting and conference facilities to 450 patrons.
Domino's goes 'zero contact'
Australia's biggest pizza chain Domino's Pizza Enterprises Ltd (ASX: DMP) is poised to implement a range of measures in order to limit social contact. The company released a statement earlier this week stating that it will follow the advice of government and health authorities in order to safely provide meals to consumers.
In response to the pandemic, Domino's has planned to implement procedures that offer zero customer contact for deliveries and for take-away in all markets. One of the 'zero contact' measures involves delivering pizzas to homes and properties and leaving them at the doorstep to ensure social distancing is adhered to.
Telstra work from home
At the start of this week, Telstra Corporation Ltd (ASX: TLS) had its entire Australian workforce working from home. The telco giant's precautionary measure is expected to impact thousands of workers as the company has offices in each capital city and stores around the country.
Telstra recently announced that it will also be giving its consumer and small business home broadband customers unlimited data until the end of April. As part of the COVID-19 pandemic, Telstra is also providing pensioners with unlimited home phone calls.
Foolish takeaway
Although there are extreme uncertainty and fear surrounding global markets, these stories serve as an important reminder to investors. Despite the short-term pain and panic, the innovative nature of these business shows that there is a light at the end of the tunnel.
