Malaysia has prolonged is MCO nationwide lockdown as soon as once more. Thailand has tightened restrictions in Bangkok. Jakarta, the place I’m based mostly, is in a darkish place, with instances surging, with that sample being repeated throughout Java. In Australia, the Higher Sydney space lockdown was widened, and Darwin additionally entered a snap lockdown with the trans-Tasman air bubble suspended till the top of tomorrow. Milder restrictions within the Wellington space of New Zealand had been all prolonged
Though a lot has been made concerning the vaccine progress within the US, the UK, and Europe, Covid-19 and its new delta variant stay a extreme downside for a lot of the world. Nowhere extra so than Asia, with Japan and Taiwan additionally coping with persistent virus instances and Singapore topic to still-severe, home restrictions.
I’ve said earlier than that resurgent Covid-19 posed the most important risk to the post-pandemic financial bounce throughout Asia. We aren’t there but, but when we’re at this level this time subsequent month, many financial forecasts will must be revisited for surgical procedure.