The whole world is facing a major problem that has destroyed the economic condition of the entire world badly. COVID-19 outbreak has spread all around and thousands of people died due to this virus attack. Many businesses have closed down due to this and a lot more people have lost their jobs in different parts of the world. Well, this is the worst situation which is affecting the whole world badly. Moreover, the whole world is searching out the remedies to get rid of from coronavirus attack by all means. It is very much important for the business industry to operate in the pandemic situation by following the remedies.
We are living in 2020 in which we have almost every type of effective solution available through which we can stand the business industry again efficiently. Moreover, we can better support it to include its share in the economic development of the country. As we all know that professional events are considered as a backbone for every business. Through these events, any type of business can be able to grab customers towards it. Moreover, these events have a unique spark that can boost any type and size of business up high it the sky. Now, due to the coronavirus situation, everyone is practicing the social distancing for a noble cause. In the pandemic situation, it is very much effective to stay at home and avoid any type of gathering all around. In this way, you will be safe and sound from this virus and you also have to follow described remedies to keep others safe from getting infected from you. Moreover, it is also expected that professional events that have canceled due to coronavirus effect will resume in 2021. Well, it is not a good option to delay these events more for the unspecified time of period.
Modern IT devices are very much supportive to boost business strategies up high in the market due to their brilliant support. Moreover, these devices will also help out the employees to get in touch with each other anytime they want. IPad rental, tablets, notebooks, laptops, and many other IT devices an organization can provide to their employees to work from home. These devices will also include the best and authentic solution for every employee in which they can better maintain the official task without any hassle.
Here we will describe to you the effective remedies that you can apply to promote virtual events until professional events get started normally. Virtual event support is the finest support you will see in a pandemic situation in which everyone has joined with business operations by all means.
Virtual Events- The right solution to boost business strategies:
No doubt, modern technology factors have covered the whole world with its true and positive factors. Moreover, everyone is utilizing these factors brilliantly in which they are getting the right type of results by all means. Here we will discuss with you in detail how Virtual Events have covered the whole situation of professional events intelligently and how it can be useful for the business industry by all means.
1. Can arrange Virtual events globally
With the great support of modern technology, it is very much easy to promote business strategies all over the world without any hassle. Virtual events are very much supportive of business life and you can also promote these events globally by using tablet rental, notebooks, laptops, tablets, and many other IT devices. There are several tools available that can help promote virtual events all over the world. Almost every organization in different parts of the world is utilizing these tools and they are getting desired benefits. It has cleared that business correspondence can be started by using modernize tools and effects.
2. Promote Event date on Social Media
As we all agree with the statement that professional events are the great solutions that will provide ultimate results to the business industry. In the same way, social media platform is also very much supportive for the business industry in which it can promote every type of event, brand name, products, or any other thing without any hassle. Well, it is the perfect thing that you need to take in your notice that social media is the finest solution through which you can spread the news of your event globally by targeting the professional industry specifically.
3. Stream live event on social media
It is also an effective solution to stream live an event on social media in which you can better invite people to join you. It is also a kind of virtual event and the best type of promotion which people will see you live and they will also take interest to contact you in the future regarding any type of need.
After discussing all these points finally, we have a strong recommendation about utilizing the virtual events which is the best replacement for professional events. The same trend has been followed by the people and they are also getting a lot more impressive results in return by all means.
Modern IT trends All Over the World During COVID Situation
As we all agree on the statement that modern technology factors are ruling around the world these days in every sector. You can better see the involvement of modern technology and its introduced gadgets all around. The success of the whole world is also based on these things and we are currently getting smart solutions to make everything smooth and comfortable with effective solutions. As we all have the idea that the role of modern technology factors has raised the standard of the modern business world and everything has transformed accurately by all means. You will never find this option useless by any chance and everything will get set perfectly by all means. The success of the story of the modern business world was based on modern technology factors and the success of professional events was also based on the modern solutions in the shape of effective gadgets.
If you ever had taken part in professional events, you can better see the modification in these events. Everything has transferred to a digital solution. The role of pen and paper was removed from these events. It was quite easy to share the details about the product and brand with the clients in these events by using the iPad hire option instead of using the printed papers. The role of the iPad was also bright in these events and it has also provided the best solution to everyone living around the world. The iPad device was much effective because it can individually handle a lot more tasks without any hassle. You can perfectly move all around in the event by holding it in your hands. It can easily get attached to the giant screens as well as it will also get connected with the other devices via a secure connection.
Now, everywhere around the world, we could better see the situation is quite worst due to the COVID-19 attack. Many countries have canceled their flights with the whole world in the last few months. Moreover, all types of professional events have been canceled due to the pandemic situation. It is a mandatory option for everyone to keeps a specific distance from each other and avoids gatherings. Every sector around the world has faced a lot more trouble and many other businesses have been shut down properly because they do not have enough backup to support their industry by all means. In this tough situation, the role of modern technology was quite impressive and it has provided us the best solution to stable everything perfectly. Here we will share with you these solutions in detail and you might find this solution useful and effective by all means. Make sure to read all of these points seriously and you will come to know the intelligence factors of modern technology during the pandemic situation as well.
Role of Modern Technology During Pandemic Situation
As we have clearly defined you that the role of modern technology was incredible during the COVID-19 situation and it has brilliantly deal with everything by providing the best solutions. Some of them are here to define everything clearly and you will also praise the effort it.
1. Work From Home Option
Almost everyone around the world is working from home because their organizations have allowed them to do so. Well, it is all about safety purposes and everyone should have to maintain a specific distance from another person to avoid this virus seriously. It is all due to our safety and we can better understand that it is very much important and compulsory to utilize these modernized factors which can better boost up the appearance of the business industry again which has been badly destroyed by the COVID-19 respectively. now, technology factors are helping out the professional sector impressively and we all are getting virtually which is quite effective and amazing g by all means.
2. Virtual Meetings
Meeting sessions have been changed from meeting rooms to virtual sessions by all means. You can use modern IT gadgets like laptop, tablet rental, and many others for the respective task and you will be in touch with other professionals. This is the smartest way to get in touch with other professionals and this solution is highly effective all over the world these days.
3. Online Classes
Kids are also taking their online classes because around the world these days we can see that institutes are not operating openly. If you are at your home and you have some extra time to manage, you need to help out your kids in their online class sessions.
4. Robotic Deliveries
Robots are being utilized for sending deliveries from one place to another efficiently. You will find this option useful and smart and it will also help you out to avoid the COVID-19 pandemic situation completely.
Benefits of Fiberglass Electrical Boxes For Fire-Resistive Walls
Before electricians install electrical boxes in or through assembly, they must use only methods, materials, and components that are approved to maintain the rating of the wall. The most common fire wall assemblies for residential and commercial installations are 1 or 2 hour fire-rated walls.
In construction, a fire-resistive wall is meant to limit the amount of heat rise from one side of a wall to the other side. Choosing the right electrical box to maintain the integrity of a fire resistance-rated wall assembly is first based on the rating of the gypsum board and framing (fire-resistive wall assembly). Other factors include the size and spacing of the electrical boxes along with the gypsum panel fasteners.
Fire-Resistive Wall Ratings
Before choosing electrical outlet boxes for wall partitions, floors, or roof and ceiling assemblies, consider which of these 3 categories of fire-resistant assemblies you’re dealing with:
- Fire partitions– the least restrictive fire wall with a minimum fire-resistance rating of 1 hour
- Fire barriers– an assembly of fire wall materials for walls rated between 1 and 4 hours
- Fire wall – the most restrictive fire resistant-rated assembly that has a 2-hour minimum and 4-hour maximum rating.
These ratings cover fire-resistive walls that are either load-bearing, structural walls or non-structural (non-load-bearing) – with framing that is either wood or steel studs.
Allied Moulded Products exclusively manufactures fiberglass electrical wall boxes that can be mounted with 3″ horizontal separation in all U-300 series walls without the need for additional insulation or putty pads. We also provide fiberglass ceiling boxes that can be placed 5-1/2″ center-to-center of each other in solid wood or pre-engineered wood joist fire-resistive ceiling assemblies.
Benefit of Allied Moulded fiberglassBOX
Electrical contractors choose our fiberglassBOX™ series of FRP wall boxes because they can be safely mounted within 3 inches of each other in opposing U300 wall assemblies. Compare this to the 2 feet requirement for metal and PVC electrical boxes. Other benefits of our fiberglass electrical boxes for fire resistive walls include:
- Reduced installation costs – No additional fire protection components like putty pads, insulation, or mineral wool are required, saving you in both labor and material costs.
- Superior mechanical properties – Fiberglass has an excellent temperature range and the ability to withstand loads and impact, and is suitable for corrosive environments
- Install more with less space– UL tested and rated for 2-HR fire-resistive walls, these boxes allow for a closer spacing of 3″ and are available up to and including three-gangs FRP wall boxes.
- Shorter cable runs– Electricians can place multiple FRP electrical boxes in a single cavity, which significantly reduces the amount of nonmetallic sheathed cable required.
- Best for housing electronics – Fiberglass electrical enclosures are non-conductive and the material is transparent to radio frequencies, making them perfect for A/V equipment.
- Suited for wet locations– Use fiberglass electrical boxes for industries that are often hosed-down, such as food and beverage processing, car washes, and outdoor installation.
- Harsh outdoor installations– Because fiberglass does not contract or expand with stress, cold, or heat, FRP boxes are the best choice when exposed to inclement weather.
When choosing a fire-resistive, electrical box, always look for the UL Classification Marking on the box, along with the hourly rating which may state Class 1 or 2HR. Also, make sure the box indicates which type of assembly it is to be used for. This will typically be designated as “F” for floor, “W” for wall; “C” for ceiling; and “F/C” for floor/ceiling.
Always refer to the UL Electrical Construction Equipment Directory and Fire Resistance Directories for details describing which boxes are classified for use in specific fire-rated assemblies.
Learn more about Allied Moulded Products fiberglassBOX fire resistive rating here.
Pakistan Real Estate Market Review by Sigma Properties
Pakistan’s property market is one of the country’s most important and fastest-growing markets. Per year, the nation invests more than $5 billion on building projects. Today, we’ll provide a detailed analysis of the property market in Pakistan. At the Pakistan property market in 2021. We will also address the forecast of the real estate market’s success in light of the present situation and potential future events.
Regardless of the fact that Pakistan’s property market is booming, the country to this day lacks simple housing amenities, such as houses with all of the necessities. This means that there is already a lot of space for development in this industry because people from all walks of life can make a decent living. Let’s discuss the contribution of real estate to Pakistan’s economy.
Contribution of Real Estate to Pakistan’s Economy
Pakistan’s real estate industry is among the country’s most critical economic foundations. Which most of the investors investing more in under developing cities like; Capital smart city, Nova City. According to World Bank estimates, real estate assets account for 60 to 70 per cent of a country’s overall wealth; if we extrapolate this to Pakistan, the estimated size of our property market was around $300 to $400 billion.
- Performance of the Real Estate Industry:
Due to a number of financial, commercial, and political challenges, Pakistani real estate has underperformed. However, we should expect that conditions will improve in 2021, if not suddenly, then eventually. Due to global unrest and fluctuating economic and financial policies, real estate has stalled since 2017. The lack of options for developers and the imposition of a non-filer ban contributed significantly to the real estate sector’s decline.
- FBR’s restrictions
The stringent regulations levied by the FBR on non-filers banking activities deterred investors from investing in the real estate industry in 2018-19. Another factor contributing to the property sector’s decline is the inability to use infrastructure budgets, which resulted in a recession in the construction industry.
- CPEC Initiative:
CPEC is among the few factors we think Pakistan’s property market will boom in the years ahead. The China-Pakistan Economic Corridor is a landmark initiative seen between two nations that have the ability to alter Pakistan’s economic dynamics. Although the CPEC’s substantial economic zones are yet to be developed, we can already see the project’s benefits in the improved power situation and the partial construction of the Lahore to Karachi motorway. Read more about Pakistan Real Estate Market below.
Budget for 2020 – 2021:
The government believes that the budget they are presenting is tax-free, which is a considerable accomplishment given the country’s dire economic condition. The budget was hailed as a significant economic stimulus. The PTI government’s budget for 2020-21 is nothing more than paper, far removed from reality. According to the IMF, Pakistan’s economy is forecast to contract by 1.5 per cent in 2021, while the government expects it to grow by 2.1 per cent. The actual GDP fall will be 4.5 per cent if the government’s inflation rate of 6.5 is considered.
COVID-19 was the last nail in Pakistan’s economy’s fall. Unstable border conditions add to the economy’s difficulties. People are also less likely to invest in real estate because of the unpredictable political and economic situation.
The Debt-to-GDP Ratio Record:
Between 2003 and 2013, the real estate industry was booming. During both boom years, the debt to GDP ratio was decreasing. The debt-to-GDP ratio was 50% in 2003, and that was 65 per cent in 2013. However, the debt-to-GDP ratio is currently at 86 per cent and increasing. As a result, we do not have solid expectations for real estate prices in Pakistan, at least certainly in the immediate future.
Diminishing Buying Power:
The commercial property market’s future buyers include native Pakistani workers, entrepreneurs, and emigrants. However, one of the many problems in the real estate market is the diminishing buying power of such local Pakistanis. On the other hand, Gulf nations have passed legislation requiring private firms to reduce the wages of overseas employees by 40%. According to this ratio, remittances are forecast to drop by about $5 billion in 2020-21, roughly equal to the cost of building one LAC home. In other words, our real estate’s low points will continue.
What does the year 2021 hold for real estate?
In 2020, the real estate industry was impacted by the disease outbreak and an unpredictable political climate. We can only expect that conditions will improve and that the real estate industry will begin to draw buyers in the coming years.
The China-Pakistan Economic Corridor (CPEC) is a significant undertaking. The economic corridor has the potential to attract a large amount of foreign investment. Pakistan’s Gwadar port is connected to China’s Xinjiang capital by the megaproject’s network of roads. This pathway will promote both countries’ trade operations and provide new opportunities and development for Pakistan’s real estate industry. The market for real estate in Gwadar and its environs is projected to increase as the centre of CPEC operations.
Government Challenges: Keeping Projects on Track
The real estate industry has been taken over by ignorant brokers and sellers who lack the experience to guide people further, resulting in theft in the majority of cases. To further secure the interests of land assigned individuals, the nation needs a federal and regional real estate authority. Furthermore, since the method of land acquisition takes many years, there is an urgent need to oversee the building of communities by developers and builders. People’s confidence in real estate authorities will grow, particularly among overseas Pakistanis, who will be able to invest the hard-earned capital in this business without fear of being scammed.
The real estate market in Pakistan is highly volatile. As a result, you must remain alert and informed about the new trends and updates in Pakistan’s real estate industry. Being mindful of current real estate trends will assist you in making a sound and profitable real estate decision. Hope you love reading about Pakistan Real Estate Market.
M Junaid Lead Writer, Content Marketer at Sigma Properties | Park View City , A writer by Day and reader by night
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