The Manila Times

Post-pandemic opportunit­ies for Singapore

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business during the lockdown, corporate travel may reset at a greatly reduced pace as corporatio­ns embrace more time and cost-efficient remote collaborat­ion and communicat­ion platforms. Global trade will require time to recover as nations and corporatio­ns navigate near-term economic challenges and assess transpired vulnerabil­ities as they rethink their supply chain strategies.

It is likely that travel- and tourism-related sectors will struggle due to lack of consumer liquidity as some people choose to stay closer to home and focus on rebuilding battered personal finances.

Natural candidate

In a similar manner Singapore, with its globally interlinke­d economy, will be impacted. Many of its business sectors will be under pressure for a considerab­le period ahead. This will include traditiona­l segments such as tourism, hospitalit­y, airlines, shipping and trade-related sectors as well as financial, real estate and REITs — real estate investment trusts .

Fortunatel­y, Singapore is well

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