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The Falls and Rises of Economy During COVID-19

In every crossroads, there are always losses as well as opportunities. COVID-19 has turned up the scale of the world economy. So, industries got affected by the stay-home policy that most of the countries have imposed.

There are significant industries that got disturbed by the pandemic of coronavirus; their revenue went to the downward slope because of the curfew. These industries are mainly associated with social gatherings, like tourism and hotels, airlines, MICE, restaurants, and more.

On the other hand, some industries have thrived in the pandemic. The isolation played a major role in making the returns of these industries at the peak like e-commerce, deliveries, entertainment streams, online services …etc.

This shift has opened the doors for many investors to change their attitude towards classic businesses; do you think this pandemic will change the direction of companies in the future?