Investing post-pandemic: Start with these 3 sectors
The news just keeps getting better. Just last month, outdoor mask-wearing was made optional while group sizes were doubled from five to 10. Alcohol restrictions were lifted, allowing revelers to party late into the night. Live performances and singing were also finally allowed, and many people rushed to make bookings at their favourite karaoke outlets.
Last Friday, the government announced another surprise. Singapore’s Disease Outbreak Response System Condition, or DORSCON, was lowered from Orange to Yellow for the first time in two years. Along with this move, there will no longer be limits on group sizes, all employees can return to their workplaces, and no pre-departure tests are needed for fully-vaccinated travellers entering Singapore.
In short, life is almost back to normal. And with borders reopening and economic growth creeping up, it represents a golden opportunity to park your money in good long-term winners at attractive valuations.
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