Tag Archives: COVID-19

Tourism amid pandemic: Silver lining in the clouds

Tourism amid pandemic: Silver lining in the clouds

Globally, travel and tourism are the significant contributors to a leading sector for job creation, socio-economic and cultural development worldwide. In many countries, tourism and leisure industry plays a critical role as a strategic pillar of the economy’s GDP. However, it has also become the most vulnerable industry member. Before …

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Global warming will increase poverty and inequality

Global warming will increase poverty and inequality

Original agenda of Paris meeting of 2015 relating to seventeen highlighted Sustainable Development Goals to be achieved by 2030 had placed climate change or global warming concern at 13th level, whereas apprehensions relating to failure of arresting global warming at 1.50% level keeping in view climatic changes happenings during last …

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Open source covid vaccine: a new hope

Open source covid vaccine: a new hope

The swift development of effective vaccines against COVID-19 was an unprecedented scientific achievement. But production challenges, vaccine nationalism, and variants such as Omicron are the hurdles. The global efforts to develop and distribute an effective vaccine produced several safe and effective options. The accelerated development of multiple vaccines is unprecedented; …

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Better, improved business likely in 2022

Better, improved business likely in 2022

Interview with Mr Nasir Chand — Assistant Director, Banquet Sales, Movenpick Hotel Karachi PAGE: Tell me something about yourself and your career, please: Nasir Chand: I have worked in Food & Beverage Operation/Event management for almost 15 years. At present, I am working for Movenpick Hotel Karachi as Assistant Director Banquet Sales. …

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Digital Economy during COVID-19

Digital Economy during COVID-19 

The COVID-19 pandemic had disrupted both supply and demand sides of an interconnected world economy. Lockdowns, travel and trade restrictions affected nearly all aspects of cross-border economic activity. Global supply chains were forced to acclimatize. Foreign direct investment became slowed. Trade was hit hard as demand fell. Financial vulnerabilities were …

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Impact on education under covid

Impact on education under covid 

Education is a particularly challenging issue in the context of the pandemic. The global disruption to education caused by the COVID-19 pandemic is without parallel and it has brought substantial interruptions to education across the globe. Its effects on learning have been severe. The crisis brought education systems across the …

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Pakistan capital market has ability to step forward

Pakistan capital market has ability to step forward

Business sentiments ending on good note but coming year will be tough Interview with Muhammad Azam Khan — Economist/Capital Market Expert PAGE: How would you comment on the performance of capital market during 2021? Muhammad Azam Khan: Currently Pakistan Capital market is used as a tool to show government progress through …

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Economic review in FY2021

Economic review in FY2021

According to the economic survey of Pakistan, economy of Pakistan rebounded strongly in FY2021 and recorded growth of 3.94 percent which is not only substantially higher than the last 2-year but also surpassed the target (2.1 percent for FY2021). Despite strict fiscal constraints, timely and appropriate strategy measures taken through …

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Learning accounting: benefits and prospects

Learning accounting: benefits and prospects

Interview with Mustafa Mirchawala – CEO, Mirchawala’s Hub of Accountancy PAKISTAN & GULF ECONOMIST had exclusive conversation with Mustafa Mirchawala regarding the state of accounting education. The excerpts of the conversation are as follows: Many of my students nationally and internationally have benefited from my teaching style for many years and …

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Review of Govt steps for health facilities

Review of Govt steps for health facilities

According to the statistics published in Pakistan Economic Survey, socio-economic factors such as health, education, income, employment etc., are closely interlinked with Human Development Indicators (HDI). Pakistan has recorded improvement in health indicators over the previous 3-year. Life expectancy is grown from 66.9 years in 2017 to 67.3 years in …

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The private sector is key to fighting corruption

The private sector is key to fighting corruption

As the world continues to respond to the COVID-19 pandemic, the climate crisis and economic uncertainty, corruption needs to also be addressed. From small and midsize enterprises to multinational corporations, and for countries around the world, everyone bears the burden of corruption. Like the COVID-19 pandemic and climate change, corruption …

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