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Sunday, May 5, 2024

UOB Thailand equips clients with resilience and strength amid economic flux in the mid-year outlook seminar

Regarding the Top Ideas, Lim recommended Global Healthcare for clients with a risk appetite for stocks. He pointed out the industry’s defensive characteristics, supported by the secular trend of an ageing global population and technological advancements. While acknowledging short-term headwinds in the Asia-ex Japan/Asean/China region, primarily due to China’s uneven economic recovery and declining exports across Asian economies, Lim remained positive about the medium-term prospects. He cited resilient regional consumption and lower valuations as factors contributing to this optimism.

Digital Advancements and Wealth Management Solutions

Gidon Jerome Kessel, Head of Deposit and Wealth Management, UOB Thailand, emphasised UOB’s commitment to digital capabilities and personalised services. He said, “At UOB, we believe in combining human…

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