2010 is coming to an end in less than a month’s time. What are some of the future growth growth sectors for Singapore going forward into 2011? The sectors I’m bullish on are:
- Tourism – hotels, gaming, medical tourism, shopping centres
- Transport – Land and air
- Luxury goods
- Offshore marine
I particularly like the tourism sector and the sectors related to tourism. Tourism is going to be a major future catalyst going forward with the IRs bringing in so much good fortune. With the high net worth individuals (HNWI) setting up shop in Singapore, property, financial and luxury goods are set to do well and the aforementioned sectors are also related to tourism.