Prior to the pandemic, Pakistan’s ports handled a total trade volume of approximately 110.69 million tons during 2019. In 2020, with COVID-19 slowing the global economy, the volume dropped to 92.85 million tons, thus a difference of about 17.84 million tons or about 16.12% on the volume of 2019. Almost the entirety of the aforementioned volumes were handled by Karachi Port and Port Qasim, both situated at Karachi. Both these …
Read More »Sports industry viewpoint
Sports have long been an integral part of our culture, from the earliest form of football in ancient China, Cùjū, to the spectacle of the Colosseum in ancient Rome. Sports and entertainment leaders around the globe have long understood the importance of atmosphere and excitement in keeping fans happy and engaged. Infectious diseases present an omnipresent threat to the health and safety of the global community. In 2020, the COVID-19 …
Read More »Roshan Digital Accounts: let’s see what transpires
Mudasar, a young Pakistani adept at graphic designing, left for the UAE a couple of years ago and resided in Sharjah with his family having gotten assurances from his boss in the UAE that his job is stable and there is no need for any sort of perturbation. His confidence inflated in the wake of adulation received for his work acumen. To undergo a tantalizing foreign experience, he concurred to …
Read More »Fast changing dynamics of global LNG market
Qatar witnesses a prosperous start to 2021, first scoring a major political goal by restoring diplomatic relations with Saudi Arabia and ending its almost 4-year long embargo. Following a political breakthrough come an unexpected revenue bonanza, which saw Doha happily riding the waves of spiking Liquefied Natural Gas (LNG) prices in Asia. The combination of both developments – Qatar casting away its pariah state and probably playing a more nuanced …
Read More »Psychological impacts of Covid-19 on children
There are around 2.2 billion children in the world; which is approximately 28% of the world’s population. COVID-19 has impacted the lives of people around the world including children and adolescents in an unprecedented manner. This pandemic and lockdown has brought a sense of fear and anxiety around the globe. This phenomenon has not only effected short term but long term psychosocial and mental health implications for children and adolescents. …
Read More »COVID-19 and acceleration of new trends in transport, logistics and global supply chains
A unique and terrifying moment in modern history is unfolding before us, every day but it teaches us a lesson of rapid transformation in many areas of public life as no country, or state, or locality, or even individual hospital was properly prepared for Covid-19. At this time of crisis where social distancing and culture of stay home to be safe are promoted supply of basic needs and goods is …
Read More »Socio-economic and political implications of COVID-19
The outbreak of pandemic COVID-19 in 2020 was not only unexpected but also a surprise for the world. The COVID-19 has deep long-lasting impact on every sphere of life extending from social to cultural and economic spheres. As this is highly contagious disease, social distancing is in the crux of solution to this whole crisis. This has changed the social norms on one hand and the economic rules on the …
Read More »Some steps for Pakistan’s insurance industry to counter impact of pandemic
With the world battling the novel coronavirus pandemic, the impact has been felt on every sector and everyday life. Perhaps one of the biggest effects of this pandemic has been on the financial services industry and the insurance industry. In many cases, insurers have already started taking the necessary action for protecting their businesses, which have left many consumers in the lurch in this challenging time. On the other hand, …
Read More »Automobile industry review and outlook
Monthly sales of automotive industry for July 2002 were reported at 11,836 units, up 32%MoM, but down 10%YoY. This indicate a reversion to pre-COVID normalcy, completing a “V-shaped” recovery over five months while extending consecutive YoY downtrend to its 21st month (back to levels seen during 2009). Consequently, 7MCY20 total industry offtake was reported at 57,509 units, down 57%YoY), where major constituents moved down for Passenger Cars/LCVs. Recent comparisons reveal …
Read More »COVID-19: The bigger setback to corruption and global imbalances in gender equality
COVID-19 threatened the world in each and every sector of their economies and may also increase the chances of corruption as every government nowadays are busy to counter the health crisis. Corruption, the abuse of public office for private gain, it erodes the social contract and corrodes the government’s ability to help grow the economy in a way that benefits all citizens the COVID-19 pandemic has heightened the importance of …
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