Southeast Asia s factory powerhouses hit by vaccination woes, Delta
By Orathai Sriring and Liz Lee
Reuters
BANGKOK/KUALA LUMPUR (Reuters) - Fresh outbreaks of the Delta coronavirus variant in Southeast Asia have crippled its factory sector, disrupting global supplies of goods such as rubber gloves, semiconductors and SUVs and threatening the $3 trillion region s recovery.
A series of factory surveys this week showed business activity across most Southeast Asian economies fell sharply in July, a contrast to more resilient manufacturing economies in Northeast Asia and the West, where business growth has slowed but remained in expansion.
The economic disruptions in Southeast Asia caused by the virus have been made worse by slow progress in vaccinations in the region of 600 million people. Governments have struggled to secure doses and have imposed costly lockdowns that have left many factories without workers.
Wednesday, 04 Aug 2021 12:50 PM MYT
A foreign worker works at a plastic containers factory during an enhanced lockdown, amid the coronavirus disease outbreak, in Klang July 8, 2021. Reuters pic
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TOKYO, Aug 4 Fresh outbreaks of the Delta coronavirus variant in South-east Asia have crippled its factory sector, disrupting global supplies of goods such as rubber gloves, semiconductors and SUVs and threatening the US$3 trillion (RM12.7 trillion) region’s recovery.
A series of factory surveys this week showed business activity across most South-east Asian economies fell sharply in July, a contrast to more resilient manufacturing economies in Northeast Asia and the West, where business growth has slowed but remained in expansion.
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