Retail sector on firmer path to recovery
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After several stops and starts along the way, it looks like things have finally reached an inflection point for the retail sector.
The easing of travel curbs through the launch of the Vaccinated Travel Framework is gradually helping to bring tourists back to Singapore, which should benefit shopping malls in areas popular with holiday-makers, such as the Orchard Road shopping belt.
The Central Business District (CBD), meanwhile, is starting to regain a bit of buzz after the government lifted capacity limits in offices to 75 per cent, up from 50 per cent.
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