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Transition to Dorscon Green, Singapore Reopening Beneficiaries
@diggydog：
Feb 13 marks the end of pandemic restrictions, a day before Budget 2023. Masks no longer mandatory, shift to Dorscon Green, and cessation of the multi-ministry task force, highlights the receding threat of COVID-19 in Singapore. While the news is unlikely a gamechanger for tourist arrivals and retail sales, it nevertheless completes Singapore's transition to normalcy. Passenger traffic at Changi Airport has recovered to 80% of pre-COVID. Further recovery should take hold with the return of Hong Kong and China tourists as they made up c.21% of visitor arrivals in 2019. They are also in net cash position, that's a big plus in this high interest rate era. Net cash is a measure of a company's liquidity - its ability to quickly meet its financial obligations. Investors can use net cash to help determine whether a company's stock is an attractive investment. Aviation-related: $SINGAPORE AIRLINES LTD(C6L.SI)$ Public transport: $COMFORTDELGRO CORPORATION LTD(C52.SI)$
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