Invest
STI Outlook – As of 30th October 2021
By Loopholes Singapore  •  October 30, 2021
Have we gone accustomed to the spread of the virus? If you went out on a Friday night at around town, you would have realised that people are basically out and about despite the worrying number of infections. Although it is true that only vaccinated persons are allowed to enter malls, we are also aware that vaccinated persons are also susceptible to the new delta variant. So does this mean that the retail and service industry is bouncing back? With all that cooped up desire to head out in addition to saved up bonuses and holiday savings from 2020, I think it is natural to see a spike in retail spending. However, I do have my doubts on the aviation industry considering that the international travel are still recovering and the prices of flights are also much lower than before due to the increased cost for PCR test before...
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By Loopholes Singapore
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