Rounding up top reads from around the web, including articles shared by fellow investors in the
Financial Horse Facebook Group.
MAS reiterated the Government’s forecast for
the economy to shrink by a record 5 per cent to 7 per cent this year because of the coronavirus pandemic. It said the economy will post above-trend growth for 2021 due to the effects of the low base in 2020. “The path ahead remains clouded with uncertainty,” MAS warned in its twice-yearly macroeconomic review released on Wednesday. “Some pockets of the economy, particularly the travel-related and some contact-intensive domestic services, are not expected to recover to pre-pandemic levels even by the end of next year.”
Robinsons announced on Friday (Oct 30) that it will be closing its two remaining...
