"To date, ASEAN has over 200,000 coronavirus infections across all 10 member states, with more than 6,000 fatalities as a result of the deadly disease. Although other regions such as Europe and the Americas have recorded more COVID-19 cases compared to Southeast Asia – the pandemic has still managed to ravage livelihoods and local industries in the latter region. The Asian Development Bank (ADB) has projected that growth in Southeast Asia will decelerate from 4.4 percent in 2019 to one percent this year before rebounding to 4.7 percent in 2021. “The evolution of the global pandemic – and thus the outlook for the global and regional economy –is highly uncertain. Growth could turn out lower, and the recovery slower, than we are currently forecasting,” said Yasuyuki Sawada, ADB’s chief economist. For ASEAN member state Myanmar, despite the low reported cases of COVID-19 in the country which stands at 343 infections as of 23 July – the social and economic effects could be severe, noted the International Monetary Fund (IMF). An IMF publication titled, ‘Six Charts on Myanmar's Economy in the Time of COVID-19’ states that the pandemic shock has affected the economy’s key growth engines. It explains that the kingdom has seen a sharp decline in exports, remittances, and tourist arrivals. At the same time, domestic economic activity has been constrained by strict measures to curb the virus. According to a recent report by the Myanmar Trade Promotion Organisation (MTPO), the tourism industry has been hit hardest by the pandemic, followed by the garment industry. Other sectors that have been feeling the pinch include the rubber export and manufacturing sectors. Local media in the country reported that nearly one third of all companies in the country have temporarily shuttered due to the pandemic..."