Impending recession ahead! Layoffs are occurring more frequently! Higher interest rates fuels further recession fears! These are some of the frightening phrases that have been surfacing as headlines in the news as there are increasing concerns that many parts of the global economy such as the US may enter a recession either in 2022 or 2023. If US, the largest economy goes into recession, almost all countries across the world will be affected. While Singapore may not enter a recession as it continues to forecast growth in 2022, the country’s leaders have warned not to rule out the risk of recession. With this, we identify 5 companies listed on the Singapore Exchange which we think are recession proof and provide reasons why we think so. Recession proof does not mean it is immune to any recession, it means that the company can withstand the shocks and come out relatively unscathed. Examples of...