Investors flock to South-east Asia markets on renewed interest in tech, safe-haven factor
Banks and semiconductors are investors’ top sectoral picks in Singapore, Malaysia
Add BT as a preferred source
WITH geopolitics coming into play, investors have been parking their money in some countries in South-east Asia – a region that is seen to be less volatile compared to other global markets.
Supply chains are shifting away from China and into the region, attracting manufacturing and capital inflows, Paul Chew, head of research at Phillip Securities Research, told The Business Times.
The region’s abundant and cost-effective resources – including steel, aluminium and data centres – have also attracted investors, he added.
TRENDING NOW
Is the UK student-housing party over? Singapore players face divergent prospects in PBSA market
Size matters: OCBC’s Bank of Singapore doubles down on ultra-wealthy – and the bankers chasing them
Xi Jinping has just rewritten the rules of US-China rivalry
Competing on value, not cost: Why Singapore appeals to German manufacturers
