Asian Insider

Covid-19 credit crunch: Households and small businesses in Asia struggle to get loans

Across Asia, millions of households and enterprises are struggling after years of lockdowns and restrictions. PHOTO: EPA-EFE
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BALI - At the Mimpi Bungalows, two years of lockdowns have taken their toll. A termite infestation has partially collapsed the ceiling in one cabin.

Situated a three-minute walk from the beach, many cabins have had their locks rusted in place by the corrosive sea air. The swimming pool, now an emerald green, is home to dozens of catfish to keep the mosquito population in check.

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