Meaning of the word "in this regard" in English

What does "in this regard" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

in this regard

US /ɪn ðɪs rɪˈɡɑːrd/
UK /ɪn ðɪs rɪˈɡɑːd/
"in this regard" picture

Phrase

in connection with or concerning the matter just mentioned

Example:
The company has made significant progress, and in this regard, we expect positive results.
He mentioned the new policy, and in this regard, I have a few questions.