The Business Times
business-time-50
INVESTING GLOBALLY & PROFITABLY
·
SUBSCRIBERS

A healthy investment: Why putting your money in this sector pays off

With global macroeconomic challenges ahead, the defensive characteristics of the healthcare sector coupled with its growth prospects arising from continued innovation have put the sector in the spotlight

google-preferred-sourceAdd BT as a preferred source
    • The healthcare sector is more defensive, and tends to outperform the broader market. Beyond this, the sector also possesses some growth characteristics, coming from the ability to deliver significant innovation to patients.
    • The healthcare sector is more defensive, and tends to outperform the broader market. Beyond this, the sector also possesses some growth characteristics, coming from the ability to deliver significant innovation to patients. PHOTO: PIXABAY

    Chloe Nadia Halim

    Published Tue, May 23, 2023 · 04:19 PM

    THE recession drumbeat continues to grow, with many macroeconomic challenges posed by high inflation and aggressive rate hikes remaining.

    In such an environment, the healthcare sector is more defensive, and tends to outperform the broader market. Beyond this defensiveness, the sector possesses some growth characteristics as well, coming from the ability to deliver significant innovation to patients.

    Resilience of the healthcare sector

    The healthcare sector is known for its defensiveness and resilience. The relatively inelastic demand for healthcare services means that earnings tend to be better protected with less severe downside in times of softening economic growth.

    Investing Globally & ProfitablyHealthcareiFast

    TRENDING NOW

    The bungalow's transacted price works out to about S$3,169 psf on the freehold land area of 23,979 sq ft.

    Shanda co-founder sells Tanglin Hill bungalow for S$76 million

    Jumbo Group says its landlord, the National Parks Board, is studying the redevelopment of East Coast Seafood Centre in tandem with longer-term plans for the park.

    Jumbo Seafood to close flagship East Coast Seafood Centre outlet on Sep 30

    Beyond structural portfolio shifts, the study highlighted paradoxes regarding intergenerational wealth planning and succession.

    Nearly half of Apac’s wealthy expect market crash or correction, plan to rotate to cash: study

    The departure of food manufacturing operations from Singapore may not necessarily be reason for concern.

    Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More