Apac can withstand Covid-19 waves, S&P report says


A health worker walks around to check on coronavirus disease (COVID-19) patients admitted in the chapel of Quezon City General Hospital turned into a COVID-19 ward amid rising infections, in Quezon City, Metro Manila, Philippines, August 20, 2021. REUTERS/Eloisa Lopez TPX IMAGES OF THE DAY

KUALA LUMPUR: S&P Global Ratings believes low vaccination rates mean likely resurgences of new Covid-19 cases in some parts of Asia-Pacific in the next year or so.

“Government measures to suppress new infections will weaken economic growth and fiscal metrics further,” according to a report published on Monday.

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