Will Phase Two of reopening spur recovery for shops, restaurants and Reits?

ON Friday, the first day of Phase Two of Singapore's reopening process, I ventured out of my house to a food and beverage outlet that served alcoholic refreshments to meet some friends with whom I frequently communicate via a WhatsApp chat group.

In keeping with the current limits on social gatherings, I was hoping for a turnout of no more than four other people.

Only two turned up.