The most exciting news this week was the establishment of a travel bubble between Singapore and Hong Kong.
Beginning 22 November, this scheme will commence with one flight a day into each city with a quota of 200 passengers, gradually increasing to two flights per day from 7 December.
For Singaporeans who have been starved of their usual holidays because of the COVID-19 pandemic, this news must come as sweet music to their ears.
Unsurprisingly, this announcement also caused a surge in ticket prices for tickets to Hong Kong, with an economy-class ticket price shooting up from S$618 in the morning to S$810 by the afternoon.
From an investment perspective, we feel that this news comes as a breath of fresh air for the aviation industry, which has been badly battered by border closures and lockdowns since early this year.
With the establishment of this travel bubble, believed to be the world’s first, Singapore could see more of such arrangements being made with countries in the region.
Recent news suggests that Taiwan may be a possible second destination for a travel bubble as officials are actively in discussions.
Of course, the caveat here is that infection rates need to be kept under control and travellers need to do extensive testing for the virus pre and post-flight.
Hotels, tour companies and airlines are already gearing up for more good news as word of this travel bubble floats around the world.
After a tough year for tourism, there’s a chance that they can end the year on a happy note.
Today is Deepavali, also known as the Festival of Lights.
Here’s wishing all our readers a very Happy Deepavali!
May the lights from this festival guide us out of the dark times that the world faces right now.
Here’s a list of our top articles this week.
1. 4 Stocks with Excellent Growth Prospects
If you’re looking for strong growth within your investment portfolio, you should check out these four stocks.
2. 3 Stocks That Raised Their Dividends Recently
Even in this tough economic environment, some companies are still doing well. Here are three that have recently raised their dividends.
3. 3 REITs with Dividend Yields Above 3%
Here are three REITs that boast dividend yields that are neither too high or too low, providing a sustainable yield with good potential for future distribution growth.
4. 3 Stocks to Help You Build A 5G Portfolio
The next hot trend is that of 5G networks, as countries scramble to upgrade their telecommunication infrastructure to support next-generation connectivity. Here are three stocks that are latching on to this trend.
5. 3 Growth Companies That Will Continue To Triumph In The Post-COVID World
COVID-19 has caused changes in the way we work and interact. Here are three growth companies that should continue to do well in the post-pandemic landscape.
6. 5 Interesting Aspects of OCBC’s Quarterly Earnings That Investors Should Know
We take a look at OCBC Ltd’s (SGX: O39) latest quarterly earnings to tease out five insights that you should know about.
7. SIA Announced a Massive Half-Year Loss: 5 Things Investors Should Know
Singapore Airlines Limited (SGX: C6L) continues to report weak numbers as the bulk of its fleet remains grounded. Here are five things that investors need to know about the group’s latest half-year earnings report.
8. 3 Key Points From Mapletree Commercial Trust’s Latest Earnings Report
We take a look at how the tourism retail and commercial property scene is faring through Mapletree Commercial Trust’s (SGX: N2IU) latest quarterly earnings.
9. 5 Takeaways From Frasers Centrepoint Trust’s FY 2020 Financial Report
If you are wondering how heartland malls are faring, we provide five takeaways from Frasers Centrepoint Trust (SGX: J69U) that provide a clue on how the sector is coping.
10. Singapore Post’s Latest Earnings: 5 Key Things You Should Know
Singapore’s sole postal service provider has just released its fiscal 2021 first-half earnings. Here are five things you should know about how the group is faring.
11. Biden Has Won the US Presidential Election: What Are the Implications for Investors?
With Joe Biden convincingly winning the US Election, how should investors position their investment portfolios? We take a look at some implications arising from this election outcome.
As an investor, you might wonder what the future holds for the REITs in your portfolio. Or how to select REITs that can make you money as Singapore’s economy struggles to recover from the pandemic.
Download your FREE special REITs report: “How You Can Make Money Investing In REITs As Singapore Recovers” HERE!
Please refer to the individual articles for stock ownership disclosures.
