SINGAPORE (Jan 27): Daiwa Capital Markets is keeping its “positive” rating on the Singapore healthcare sector in spite of an ailing economy that faces uncertainty ahead.

“We expect demand for private healthcare services to remain robust in the near term,” says Daiwa lead analyst Ramakrishna Maruvada in a Singapore strategy report.

Maruvada believes this will be “driven by a shortage of capacity in the public sector, as well as favourable government policies allowing for the ‘portability’ of subsidies to the private healthcare market.”

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Related Stories

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook