Dose 16 6th July, 2020

Hey guys! Some exciting news today - we partnered with Ahmed Fahad to give away passes to the PDC

Top Stories

 

After a four-month hiatus, trade restarted between India and Bangladesh

 

Major Indian pharmaceutical firms pulled the plug on their US products

Digging Deeper:The US Food and Drug Administration said it detected N-Nitrosodimethylamine (NDMA) impurity - a possible carcinogen - above the acceptable intake in products of Marksans Pharma and Lupin. Other companies have received complaints of putting 50mg tablets in bottles labeled 100mg. These recalls have been classified as class II - meaning the use of such products may cause temporary or medically reversible adverse health effects.

 

With lower demand, prices of cattle have fallen significantly ahead of Eid

 

The Karachi Stock Exchange (KSE-100) continued its bull run with a 1,112 point gain

 

The Central Bank of Sri Lanka approved Rs. Fifty-four billion for COVID-19 affected businesses


After failing to reach a middle ground, Nepal’s ruling party leaders will sit for another round of talks

Market Index

South Asia Today 1-day YTD
 DSEX
3,982
-0.13%
-10.59%
 SENSEX 36,021
+0.50%
-12.89%
 KSE 100 35,051
+0.21%
-15.33%
 CSE Allshare 5,051
-1.14%
-17.25%
Global
 S&P 500 3,130
+0.45%
-3.92%
 FTSE 6,157
-1.33%
-19.03%
 Oil (Brent) 43
+0.35%
-35.17%
 Gold 1,772
-0.14%
+16.62%

Technology & Startups

Indian Prime Minister Narendra Modi launches app innovation challenge

Uber buys Postmates for $2.65 billion in an all-stock deal

A startup you should follow:

Want to get a new home in Pakistan but confused with all the options out there? Zameen.com connects buyers with sellers and tenants with landlords through a highly user-friendly real estate experience. With over 55,000 new listings each month, Zameen offers a wide range of options for their users.

Sports Corner

Bangladeshi star all-rounder Shakib Al Hasan rated the second Most Valuable Player (MVP) of the 21st century by Wisden

Ex-Captain of Sri Lanka Cricket Kusal Mendis arrested after a fatal road accident

Professional Development

Are you looking to launch a new product or service? Know the market first. Market sizing is an estimation of the size and potential that a market has for your business. It answers some key questions:

There are two established ways to go about market sizing:

1) Top-down analysis: In this method, you will use data already out there and interpret it in terms of your product. You can start by asking what the total demand is followed by adding filters like whether you are targeting online or retail sales and what demographic of consumers you are focusing on. 

2) Bottom-up approach: This is more applicable when your product is new, and the data is not widely available. You start by researching who your potential buyers are and how much they are willing to spend. From there, you build up an estimate of the demand and identify trends that can allow you to enter the market.

In both cases, using the right data is the foundation of the whole process, so do your research in-depth. In your calculations, keep in mind to account for organic growth or decline in years to come. You can learn more from Heini Zachariassen from Raw Startup.

Keep it Sharp

A man is pushing along the road when he comes to a hotel, and he shouts, “I am bankrupt!” why?

** Answer at the bottom of the newsletter

Here's Something Interesting

Many of us enjoyed Call of Duty, Need For Speed, and other video game binges, while our parents and teachers often tried to get us off the screens. It seems like parents have finally had enough -- after receiving numerous complaints about the addictive and violent nature of popular online multiplayer game PlayerUnknown's Battlegrounds (PUBG), The Pakistan Telecommunications Agency (PTA) has decided to employ a temporary ban. The agency is now debating whether to make the ban permanent.

PUBG started on mobile platforms before expanding to almost all popular gaming consoles. Reports estimate it earned $1.3 billion in 2019 alone. To date, PUBG tournaments have given away over 100 lakh rupees in prizemoney and allowed some players to make a living out of streaming the game.

With PTA seeking feedback on the ban by July 10, the debate is heating up in Pakistan this week. However, it is not just the gamers who hold high stakes in the issue - telecom companies that benefit from the increased use of data to play the game are in the mix, along with communities of professional streamers who may lose out on a medium to earn a living. This is a story worth following in the near future!

Of Art and Artists

If you’re a victim of dad jokes, check out Dad At Work Comics. From married life to parenthood, he has the desi dad covered in his cartoons.

** Answer: He's playing Monopoly

"Holding on to anger is like grasping a hot coal with the intent of throwing it at someone else; you are the one who gets burned."

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