Money Hacks Ep 73: Fortitude and the market in Covid-19 times

12:33 min

Synopsis: In this fortnightly podcast series on Mondays, The Business Times breaks down useful financial tips.

This episode is aimed at how investors can approach the market despite the impact from Covid-19.  

On May 26, finance minister Heng Swee Keat delivered an unprecedented fourth budget, dubbed the Fortitude Budget. Together with the previous three 2020 Budgets, this year’s total comes up to almost S$100 billion. 

Host Chris Lim speaks remotely with two experts from OCBC Bank - Selena Ling, head of treasury research and strategy, and Carmen Lee, head of investment research. 

They tackle the following points:

1. What is the outlook for Singapore's economy, for the next three to six and 12 months, and what does this mean for investors?  (1:00)
2. What is the outlook like for Reits? Which Reit sectors took the biggest hit during Covid-19 and which are still attractive to investors here? (3:30)
3. What is the market expecting for corporate earnings this year? (8:08)
4. Will dividends be cut? Or even be paid out at all? (9:50)

Produced by: Chris Lim and Ernest Luis

Edited by: Adam Azlee

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