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With immunity assuming importance in the fight against the COVID-19 pandemic, dairy manufacturers in India are giving ‘Ayurveda’ twist to cash in on the growing popularity of healthy beverages with immunity boosting functionality, says GlobalData, a leading data and analytics company. As the world is still waiting for a vaccine that will allow a return […]
UK commercial property insurance to plunge in 2020 as lockdown hits construction, says GlobalData
The growth in the UK commercial property insurance market will plummet in 2020 before recovering and returning back to growth stage, claims GlobalData, a leading data and analytics company. Growth in the commercial property insurance market is closely linked to the health of the UK economy and the construction industry. New developments and office buildings […]
COVID-19 expected to put short-term financial stress on Chilean utilities and generators, says GlobalData
With the outbreak of the COVID-19, Chilean distribution utilities are supplying electricity to the customers despite non-payments from them and hence, the utilities are finding it difficult to pay back to the generators as per the power purchase agreements (PPAs). Consequently, the utilities have warned to claim force majeure to protect themselves from the short-term […]
Pet insurers opt for virtual appointments amid COVID-19 lockdowns, says GlobalData
Due to COVID-19 induced lockdowns, pet insurers are moving towards virtual appointments as face-to-face consultations have been restricted only to emergencies, says GlobalData, a leading data and analytics company. Dog owners, in particular, would have welcomed the introduction of on-demand, virtual vet appointments given that they are the most likely to hold pet insurance. According […]
COVID-19 presents opportunities for naturally-based fruit and vegetable disinfectants in India, says GlobalData
COVID-19 offers fast moving consumer goods (FMCG) companies an opportunity to develop hygiene products that address specific consumer concerns. One category rarely acknowledged during pre-COVID-19 times but now presents an opportunity is naturally-based disinfectants for fruits and vegetables in India, according to GlobalData, a leading data and analytics company. Consumers in India usually wash fruits […]
MDHSS extends support to help energy customers keep electricity services connection amid COVID-19, says GlobalData
In a bid to provide some relief to the financially crunched state residents amid the COVID-19 pandemic, the Michigan Department of Health and Human Services (MDHHS) is making energy bill payments directly to the utility accounts of consumers. This will not only help the energy consumers financially but also allow them to keep services, which […]
Construction industry growth in Indonesia to slow down to 0.5% in 2020, says GlobalData
Before the COVID-19 outbreak, the Indonesian construction industry was expected to continue to grow at a fast pace over the forecast period owing to the government’s plan to drive forward large-scale infrastructure developments. However, reflecting on the recent COVID-19 related disruption and the weaker outlook for economic growth, the construction output growth in 2020 is […]
Brazil’s gross written premium will grow but claims spike will be significant in 2020, says GlobalData
With Brazil becoming a hotbed for COVID-19 pandemic, the country’s insurers are open to paying out on claims even if there is no pandemic clause and there will be a substantial upsurge in the claims in 2020, says GlobalData, says GlobalData, a leading data and analytics company. GlobalData expects the gross written premium (GWP) in […]
Effects of COVID19 on pregnancy remain uncertain and debatable, says GlobalData
A recent research study showed that for 16 COVID19 positive women there were evidences that their placentas had blood clots and indications of abnormal blood flow from the mother to the baby with most of the women having normal pregnancies. Though these types of issues are present in women without COVID19 and placentas possess a […]
COVID-19 expected to delay renewable power projects in Argentina in near-term, says GlobalData
The COVID-19 pandemic and the tightening of the economy over the last two years are expected to delay the construction and commissioning of the renewable energy projects in Argentina, says GlobalData, a leading data and analytics company. Reportedly, the tightening of the economy had restricted the project awardees of the RenovAr auction program to access […]
Philippines and Vietnam among APAC markets with very good prospects to accelerate infrastructure investment, says GlobalData
Amid the COVID-19 crisis, governments across Asia-Pacific (APAC) are seeking to advance investment in infrastructure to boost their economies. Among the countries in the region, five major markets China, India, Philippines, Singapore and Vietnam have ‘very good’ prospects to accelerate investment in infrastructure projects, according to latest research by GlobalData, a leading data and analytics […]
COVID19 has not yet reached its peak in Brazil, says GlobalData
Recently, Brazil has steadily climbed the chart of the top 10 countries with the highest total of COVID19 cases, now ranking number two just behind the US. The epidemiology forecast shows that Brazil has not reached peak and it is likely that the outbreak will continue to worsen there, says GlobalData, a leading data and […]
Travel resumption and robust hygiene measures key for revival of travel and tourism in Singapore, says GlobalData
Following the news that visitor arrivals to Singapore hit historic low in April 2020; Animesh Kumar, Director of Travel and Tourism Consulting at GlobalData, a leading research and consulting company, offers his view: “Singapore witnessed almost 100% decline in international tourist arrivals as only around 750 visitors arrived in April 2020. According to Singapore Tourism […]
Contactless application can be preferred format in skin care post-COVID-19 in India, says GlobalData
Eye care and face care brands can benefit from introducing products in contactless application formats such as sticks, roll-on or sprays that allow consumers to apply products without touching their face. The lesson learned from not touching the face with the hands could become an instilled behavior that consumers will keep in mind when purchasing […]
Hydroxychloroquine’s effectiveness for COVID19 treatment continues to be debated, says GlobalData
There is no clinical evidence that hydroxychloroquine is effective against COVID19. Some studies using hydroxychloroquine have shown no benefits or even an increase in risk of death, but the number of clinical trials investigating hydroxychloroquine as a primary or secondary intervention continues to expand to determine whether the drug candidate is a key contender as […]
COVID-19 recession bites deep into automotive, recovery strategies for companies now vital, says GlobalData
With the vehicle markets decimated across the world due to COVID-19, automotive companies are coming under considerable pressure. However, this is the time to formulate strategies to bounce back and recover from the current economic slump, says GlobalData, a leading data and analytics company. David Leggett, Automotive Analyst at GlobalData, says: “Automotive companies are facing […]
Travel intermediaries need to increase transparency to restore consumer confidence, says GlobalData
Transparency will be the key to provide service to the future tourists. During this COVID-19 pandemic, many aspects of future travels have been labelled as ‘uncertain’. Intermediaries offering more information and clearer policies will indisputably be at an advantage in terms of restoring consumer confidence, says GlobalData, a leading data and analytics company. Issues surrounding […]
China’s vehicle market gains by 12% in May 2020, reinstates confidence in auto industry, says GlobalData
Following the news that vehicle sales in China rose by 12% in May 2020 to 2.14 million units according to preliminary data released by the China Association of Automobile Manufacturers (CAAM); David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his views; “The COVID-19 crisis has brought an unprecedented and sudden […]
China and US lead new-build capacity growth in global LNG regasification and liquefaction sectors, says GlobalData
China and the US and are expected to lead the capacity growth in the global LNG liquefaction and regasification sectors from planned and announced (new-build) projects between 2020 and 2024, says GlobalData, a leading data and analytics company. GlobalData’s report,‘Global LNG Industry Outlook to 2024 – Capacity and Capital Expenditure Outlook with Details of All […]
India risking surge of COVID19 cases as strict lockdown measures are loosened, says GlobalData
Based on the current trajectory of COVID19 daily confirmed cases, India will be the fourth most heavily affected country in the world behind the US, Brazil and Russia in the next two weeks. It will take at least six additional weeks of continued strict social distancing efforts to reduce the new positive cases to fewer […]