After being lauded for their successful containment of Covid-19 in 2020, the ASEAN-6 economies have experienced a surge in cases since the start of the year. New daily cases in Malaysia are currently above the peak reached during the first wave and an infection rate of over 235 cases per million at the time of writing is higher than in India (Figure 1). But while hospital capacity is becoming stretched, the humanitarian cost has not been as large. Thailand has recorded over 120,000 cases since April against less than 7,000 in all of 2020. At the other end of the spectrum Singapore and Vietnam averaged 5 and 1.1 per million new cases a day in May, which is still very low regionally and globally.
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Topics: Asia, Coronavirus, Recovery Tracker, GDP, Asia Pacific, Recovery, ASEAN, South East Asia, SEA, Philippines, Indonesia, Singapore, APAC, Asian Economy, Covid19, Exports, Inflation risks, Vietnam, Economic recovery, Thailand, Malaysia