Last Monday, Prime Minister Lee Hsien Loong delivered the long-awaited news.
Given the progress that Singapore has made in containing the COVID-19 virus, he said that the country is now ready to enter Phase III of reopening from 28 December onwards.
The announcement was welcome news for Singaporeans, residents and businesses alike.
Several restrictions will be loosened just in time for the festive season.
In short, Phase III marks another key step towards a return to normalcy that many have been craving.
Buy, Sell or Hold
As a country, we can look forward to a year of recovery in 2021.
But for all the optimism, investors can’t seem to agree on what are the best stocks to buy and when to buy.
For instance, some investors believe that companies such as ComfortDelgro Corporation Ltd (SGX: C52) and Genting Singapore Ltd (SGX: G13) will be beneficiaries of Phase III, making them good stocks to buy today....