As more COVID-19 safety measures are loosened, we should see a further recovery in business activity. But the road ahead remains paved with uncertainty. If there is a spike in COVID-19 cases, movement restrictions could be re-imposed. Furthermore, safety measures will remain for common activities such as social gatherings and the size of group meals. By the end of this year, the use of the TraceTogether app or token will be made mandatory for high-traffic areas such as restaurants, workplaces, schools and shopping malls. In short, while we should see a recovery in economic activity, the upward trajectory will not be smooth. The winners of the pandemic As investors, we want to find companies that have done well during the pandemic. But that criteria is not enough. We also want these businesses to continue to perform as the safety measures are eased or removed....