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Author Topic: Corona has killed economy of many businesses  (Read 3393 times)
Kiddy0831
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March 18, 2020, 12:07:47 PM
 #41

Many Company forced to shutdown because of the effect this pandemic. Specially those company who made business with China, it was there supplyer of there materials. But now as I observed global is suffering about this disease. I hope this will end soon.
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March 18, 2020, 12:19:44 PM
 #42

Fear is gripping my nation as my health sector is not prepared for the outbreak, if there is an outbreak in my nation like in Italy, then people are mostly going to die of hunger than the disease itself. My Crypto asset has gone down below expectations. I would that the world turn to Crypto.
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March 18, 2020, 12:45:25 PM
 #43

I need to add more on this headline, corona has killed many businesses and it seems it will kill many more. It seems like politicians don't know what to do, all options are open, and this closing will last for months maybe. Casinos, schools, many stores are closed... Coffee shops, restaurants and stores that will work will have rules, 1 person in 2 meters, old people to not get out, and many other rules. Nobody knows when will we see the end, some people already lost a bunch of money, and there are no good news for now.
This will turn to hell for some businesses, owners and workers, their families. But like always some businesses are making a lot of money. We will see what will happen, markets are going down and what happens around I think we will see more dropping in upcoming weeks.

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March 18, 2020, 12:54:19 PM
 #44

It is true that the economy of the businesses right now are dying because of this virus called COVID19 or the coronavirus and it is very sad for us to know that because we all know that if yhr business are dying then probably the market will eventually dying aldo so it would be better if this corona virus will stop right now so that it will not affect the economy of once company or business and so that the market will not continue to dump.

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March 18, 2020, 01:26:53 PM
 #45

How long will it last? What's the antidote for Corona?

I wonder if there is someone who will know how long the Corona will happen because so far, the vaccine still not be found, so people still need to survive. I am sure the scientist will found the vaccine so that it can help a thousand people who get infected. All countries still trying to figure out how the Corona Virus works so they can find the vaccine or the antidote for Corona. We can hope that it will not take too long before many people get infected too.

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March 18, 2020, 01:53:05 PM
 #46

I need to add more on this headline, corona has killed many businesses and it seems it will kill many more. It seems like politicians don't know what to do, all options are open, and this closing will last for months maybe. Casinos, schools, many stores are closed... Coffee shops, restaurants and stores that will work will have rules, 1 person in 2 meters, old people to not get out, and many other rules. Nobody knows when will we see the end, some people already lost a bunch of money, and there are no good news for now.
This will turn to hell for some businesses, owners and workers, their families. But like always some businesses are making a lot of money. We will see what will happen, markets are going down and what happens around I think we will see more dropping in upcoming weeks.

1 meter rule is now one of the measures that is taken out in our city, there are public utility vehicles but only few can ride like 2 eats apart from each other. This leads to people with no personal vehicles to run dry quickly as the price fair has risen up from 10 cents to 2 dollars each person. Aside from that our government is implementing a 2 person each house hold that can go outside this coming Friday and anyone caught on the road without a pass will be locked. We don't know yet what is there to come and when this will end, but if the trade from outside the city like foods will be banned, then this will be another problem, people will likely to panicked even more. Better we stay ready for the worst.
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March 18, 2020, 02:11:21 PM
 #47

We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
It is very sad that the coronavirus has been more disastrous and have a huge impact to our market especially to the business and workers of the different country. This is really a sad part of this virus because it brings negative outcome for us especially to the economic growth of a country because I am pretty sure that the economic stand of the countries will dump just because of this disastrous virus that occurs on us.
- The situation has come to many businesses so suddenly and has killed the economy of many businesses, create an atmosphere full of anxiety every day, although this is something no one wants to happen but it happened, the damage of businesses can be quite large but the government will definitely have some help, even provide economic support and direction when the recovery begins. So this is not a moment of endless sadness, everything can still return as long as we continue to survive, the priority task right now is to protect the health and loved ones


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matchi2011
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March 18, 2020, 03:24:02 PM
 #48

It is true that the economy of the businesses right now are dying because of this virus called COVID19 or the coronavirus and it is very sad for us to know that because we all know that if yhr business are dying then probably the market will eventually dying aldo so it would be better if this corona virus will stop right now so that it will not affect the economy of once company or business and so that the market will not continue to dump.
If this will continue it will take a lots of time before people will start to invest back, most of them will stay away and find other venue of investment.
Corona really hurting the entire economy as a whole, the entire world are suffering and nothing escapes the problem.
Study and take chance once you are already sure about your assessment.

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March 18, 2020, 03:31:48 PM
 #49

We never thought this corona will be so viral and disastrous and even I have mentioned in my previous posts downplaying the seriousness of Corona but now it has collapsed economy of many businesses except pharmacy business which have seen a spike as most of the stocks are out of stock but the restaurant and other daily operational business like tours and travel agency, malls, other event-based business, and meat shops are closed and going through massive loss.

How long will it last? What's the antidote for Corona?
The pandemic of corona virus had made a huge impact in every businesses and companies due to lockdowns and community quarantines, that is why a lot of productions have stopped and only pharmacies have only increased their incomes and other foods and beverages.



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March 18, 2020, 04:20:51 PM
 #50

The pandemic of corona virus had made a huge impact in every businesses and companies due to lockdowns and community quarantines, that is why a lot of productions have stopped and only pharmacies have only increased their incomes and other foods and beverages.

Changes and dynamics of the current global economic environment are very fast. That happened because of the spread of the coronavirus in various countries. The global economy which is driven by the movement of goods and people will be affected.

In addition, business slowed down and even stopped because investors and business people began to withdraw their money to be on guard and urgent preparations due to fears of lockdown and the spread of the coronavirus could last longer and the impact might also be greater due to the scale of the outbreak that has been globally infected.

Corona has caused a blow to companies engaged in the service sector, transportation to tourism. And it has a bad pinball effect for many countries especially those that depend on China because China is the biggest export market and also the biggest importer.

What the state can do is mitigate the risk of the coronavirus. Many people argue that the economy will recover, after an incubation period of two months, plus the repair process for the next four months. That way, then in six months the economy of a country is expected to slow down and is predicted to improve in the second half. The most important thing is the short-term economy to avoid chaos in society.

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March 18, 2020, 04:23:19 PM
 #51

My cousin has a 20 rooms hotel...
My business deals with corporate events (MICE), and.. I have zero inquiries after the corona came to visit my country.
Luckily, my company managed to earn big up to that moment, and we have pretty much zero inventories.

Well, my source of income now practically only from the signature campaign. Grin

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March 19, 2020, 06:25:37 AM
 #52

I think the antidote is still being sought and developed at this time. I have not heard that an antidote for this virus has actually been found. besides, leading to business, even this economy is quite difficult. it's just that, I don't think that crypto can be affected by this. I thought that the safe investment was in crypto, but seeing the current price down, it made me think that almost all types of investments were paralyzed.

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Negotiation
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March 19, 2020, 07:34:50 AM
 #53

Many Company forced to shutdown because of the effect this pandemic. Specially those company who made business with China, it was there supplyer of there materials. But now as I observed global is suffering about this disease. I hope this will end soon.

Yes because the drug was invented to cure the disease or because the Chinese Embassy said that China has been much easier than before and has been able to prevent the virus. But till now trade in different places of the country has stopped because it has spread to many countries.

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March 19, 2020, 11:25:06 AM
 #54

Indeed so many businesses are affected right now I think every business are being affected,
The only business that is doing great right now is the medical and food fields other business are losing some profit.

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March 19, 2020, 02:15:32 PM
 #55

Indeed so many businesses are affected right now I think every business are being affected,
The only business that is doing great right now is the medical and food fields other business are losing some profit.
Yes, the most pronounced price increases are drugs, especially antiseptics, and also food. in the fields of health, and food, it looks like their business increase has reached hundreds of percent. Well, this is happening at health centers in my area. however, businesses such as gold, oil, and crypto, seem to experience a pretty severe effect from this.

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March 19, 2020, 04:34:32 PM
 #56

No one can tell when this corona virus will end, maybe not even scientists that keeps on doing everything they can to make antidotes and medicine for this virus. And yes, the economy and stock market keeps on suffering from this pandemic. It is very sad and alarming but there's nothing else we can do to stop this except for following the government's rule and implementations about how to keep ourselves safe to lessen the possibilities of getting this deadly virus.
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March 19, 2020, 04:38:18 PM
 #57

No one can tell when this corona virus will end, maybe not even scientists that keeps on doing everything they can to make antidotes and medicine for this virus. And yes, the economy and stock market keeps on suffering from this pandemic. It is very sad and alarming but there's nothing else we can do to stop this except for following the government's rule and implementations about how to keep ourselves safe to lessen the possibilities of getting this deadly virus.
If this will continue for some more months then surely we have many other casualties in many ways as in third world countries workers going for daily wages will go down and many other small businesses also suffer with big loses which are not easy to recover we are in just start and have very serious impact as many are afraid of job loses and other issues for coming days.
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March 19, 2020, 05:58:06 PM
 #58

Many Company forced to shutdown because of the effect this pandemic. Specially those company who made business with China, it was there supplyer of there materials. But now as I observed global is suffering about this disease. I hope this will end soon.

Yes because the drug was invented to cure the disease or because the Chinese Embassy said that China has been much easier than before and has been able to prevent the virus. But till now trade in different places of the country has stopped because it has spread to many countries.

Today, we received very positive news from China: there has not been a single case of a new coronavirus disease in the past 24 hours. But new cases have been recorded in those who have now returned home from Europe. They were all quarantined. And now China has gone from an exporter of coronavirus to an importer of infection.
Many industrial enterprises have resumed their work.

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March 19, 2020, 06:07:49 PM
 #59

Many Company forced to shutdown because of the effect this pandemic. Specially those company who made business with China, it was there supplyer of there materials. But now as I observed global is suffering about this disease. I hope this will end soon.

Yes because the drug was invented to cure the disease or because the Chinese Embassy said that China has been much easier than before and has been able to prevent the virus. But till now trade in different places of the country has stopped because it has spread to many countries.

Today, we received very positive news from China: there has not been a single case of a new coronavirus disease in the past 24 hours. But new cases have been recorded in those who have now returned home from Europe. They were all quarantined. And now China has gone from an exporter of coronavirus to an importer of infection.
Many industrial enterprises have resumed their work.

oh really ? thats a nice news man  . china is the first to hit the virus and many people died and many business were affected so its nice to know that the country was now corona free  .

i think that is also the reason on why btc are going back to normal now because many chinese are now going back to thier work    . i just hope that other country will catch up too asap so that the recovery of all cryptos not just btc are now going to be succesful because there are still a major event that people are waiting and one of it was halving  .
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March 19, 2020, 06:39:49 PM
 #60

I think many businesses killed economic by Corona virus and almost country have got their money value down, many people panic with Corona virus situation because thousand people around the world get corona and many of them was pass away, we can see how drastically cases in Italy every day.

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