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Resistant to tariff war, growth opportunities for Raffles Medical stays intact

Samantha Chiew
Samantha Chiew • 15 min read
Resistant to tariff war, growth opportunities for Raffles Medical stays intact
Dr Loo: Healthcare is less cyclical, more essential and fundamentally resilient. Photo: Raffles Medical Group
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With global trade tensions rising and economic growth slowing, investors have been moving out of cyclical sectors in search of resilience and stability. Experts increasingly view healthcare as a defensive stronghold, offering essential services that stay in demand regardless of broader market conditions.

In Singapore, Raffles Medical Group (SGX:BSL) (RMG) stands out as a favoured pick among research analysts, as the group offers consistent financial performance with a long-term growth trajectory spanning Singapore, China and Southeast Asia.

The global economic landscape has become increasingly volatile, driven in large part by protectionist policies and escalating tariffs, particularly between the US and China. While some sectors, such as electronics and manufacturing, are grappling with significant headwinds, healthcare remains relatively sheltered.

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