Pandemic Year 3: Old and new risks lie aheadAt the start of 2021, UOB's outlook for the regional economic recovery from the Covid-19 pandemic hinged on three things -- the wide availability of vaccines, aggressive fiscal stimulus and accommodative monetary policies. However, the reopening will also bring with it a set of risks for businesses to consider. China and the US are still expected to lead the growth recovery from the pandemic, even as the Delta variant drags down their previously rosy forecasts. With an exceptionally sharp demand in recovery, prices will jump even more acutely. This would also avoid risks to social and financial stability, ahead of the Winter Olympics in February.
Source: Bangkok Post November 23, 2021 06:25 UTC