Asia’s renewed surge in COVID-19 infections is compounding supply-chain blockages across the world’s biggest source of manufactured goods.
The new Disneyland Magic Key annual pass program, on sale starting Aug. 25, will require reservations, a change aimed at quelling overcrowding at the parks.recently, while in Southeast Asia — among the worst-hit regions — factory executives have stalled production of electronics, garments and scores of other products.
The Delta variant — as contagious as chickenpox — infiltrated China’s tough border defenses, seeding the first cases for months in places such as Beijing and Wuhan. Indonesia is leading Southeast Asia in cases and deaths, pushing the region toward being among the worst-hit globally as vaccination rollouts lag.
That extends to export hubs of Japan and South Korea, which have remained mostly on track. Samsung Electronics Co., for instance, said last month that revenue in its mobile phone business have been hit by the outbreak in Vietnam.Vietnam’s government has taken extreme measures to minimize the hit to exports — a broad basket that includes electronics and garments — as new cases jump to about 16,000 daily, up from single digits in April.
Malaysia has eased virus restrictions for those who have completed the full vaccination regimen, allowing them to cross state borders and dine at restaurants as authorities seek to reopen the economy.Economists are already paring their growth forecasts for Asia as real-time indicators show a hit to consumption and other activity.
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