Photo: The Edge Singapore

The impact of the heightened Phase 2 restrictions will be short-lived for now, given that it is slated to end in mid-June, says UOB Kay Hian analyst Adrian Loh and the Singapore research team.

This is also based on the assumption that the number of community infections in Singapore be brought under control, travel loopholes have been fixed, and that strict travel restrictions from highly infected South Asian countries remain in place.

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