Businesses cheer relaxed rules in Singapore's phase 3 but border reopening still key

Tourist attractions will be allowed to increase their operating capacity from the current 50 per cent to up to 65 per cent. - ST

SINGAPORE (The Straits Times/ANN): The move to relax restrictions and enter phase three of the economy's reopening on Dec 28 has been welcomed by businesses, with those in retail, restaurants and the tourism sector hopeful of a boost to sales or footfall by 10 to 20 per cent.

But a real game changer for the economy could be when enough people take up the Covid-19 vaccine, so more restrictions can be relaxed, including border controls, businesses and analysts told The Straits Times on Tuesday (Dec 15).