Positive impact to business
This will definitely contribute to recovery efforts with a positive impact on the economy and well being of the people of both Singapore and Malaysia. I would expect the opening to help keep overall market sentiment strong and attract further foreign buying of local equities. The removal of strict quarantine and testing requirements are key to reviving leisure and business travel. We should also see some positive impact from the tourist spending.
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Talklili : Affected by the COVID-19, the tourism industry will not recover so quickly. This is what all industries need to face. I hope you can understand.