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ASEAN Speaks

Singapore-First Focus: Resurgence of the Domestic Economy

28 Apr 2025

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In this week's epsiode of ASEAN Speaks our host Thilan dives deeper into our Singapore Strategy amidst tariff uncertainty, highlighting 40 stocks that we have screened with more than 50% of revenue derived in the domestic market.Eric Ong, one of our analysts comes on the show to talk about Raffles Medical being a local champion, explaining his upgraded target price and some catalysts for the stock.Hussaini also comes along having published a preview on Sea Limited and Grab Holdings highlighting their relatively shielded position from tariff uncertainty and explaining his bear case sensitivity analysis in case the tariff war escalates.Edited by Xuan Hao, Dion, Bruce

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