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Repeated lockdowns leaving South-east Asian businesses on edge

The 'zero Covid' approach taken by the region's governments risks undercutting economic activity instead of supporting it: report

Angela Tan
Published Thu, Jul 1, 2021 · 09:50 PM

    Singapore

    SOUTH-EAST Asia's "zero-Covid" approach - entailing enforcement of strict lockdowns whenever cases emerge - has cast a heavy pall on business operations across the region, and investors have taken a wait-and-see stance.

    The Economist Intelligence Unit (EIU), the respected research and analysis division of Economist Group, has warned that enforcement of stringent lockdowns measures when infection cases emerge is not a sustainable route, because it could potentially undercut rather than support economic activity.