Commerce, real estate and Government

With national day comes many e-commerce sites having massive promotions which means heavy foot traffic flow. With the prospect of rate cuts in the horizon, companies are hoping for more relief for the consumer so that they can be more confident in their retail spending.

They are keeping things fresh with many lucrative deals to retain loyal customers, especially like Shopee's coin and voucher program. Its game system incentives time spent on the app and looking at advertised deals, sellers pay to advertise products and shopee gives a portion of that to users as coins 🪙 . We should definitely keep an eye out for Shopee's upcoming earnings reports.

REITs and energy sectors will be gearing for the upcoming rate cuts where they will try to refinance loans. The biggest strain in REITs have been operating costs due to loans, perhaps this shall turn things around. With more people going back to offices and renting for business, energy demands are sure to go up so it would be a good idea to look at Sembcorp as our main energy provider too.

Government's influence on businesses, now this might be a touchy topic but needs to be said; some companies thatvhave heavy involvement with Temasek holdings hold a great deal of importance with the government. They need to secure their investments so these companies might enjoy some benefits or treatments as a result. DBS, Mapletree and ST Engineering are some of the big contenders but there are lots more we should keep an eye out for. Opening positions in these companies could be argued to be a hedge against any economic recession where the government would step in to protect their assets.