(March 25 11:22) Sbr.com.sg
Submitted By:
Nathanielle Punay
Case Study:
No
Sheng Shiong’s and Dairy Farm’s earnings would likely grow by around 3%.
As local communities are panicking over the COVID-19 pandemic, retail demand has turned to supermarkets as grocery sales followed the same boost seen during SARS in 2003, according to DBS Group Research.
Travellers being grounded in Singapore amidst regional travel restrictions is also another driver of demand.
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