It’s a welcome sight to see airports chock full of people once again as borders reopen.
Pent-up demand remains strong for holidays and cruises as many are keen to stretch their muscles abroad after being cooped up for more than two years.
Despite the surge in consumerism, dark clouds are gathering on the horizon.
Singapore’s high core inflation of 5.5% in January this year threatens to dampen spending while surging interest rates are inflicting pain on borrowers and indebted businesses.
Prime Minister Lee Hsien Loong has also warned that this year or the next could see a recession hit our shores.
During times of uncertainty, you should lean on blue-chip names with solid financials to help your portfolio weather the storm.
Here are four Singapore blue-chip stocks whose businesses are solid as a rock.
Wilmar International Limited (SGX: F34)
Wilmar is an integrated agri-business group with over 500 manufacturing plants and an extensive distribution network covering around 50 countries and regions....