The Business Times
business-time-50

Citibank analyst flags 'unstoppable' trends of 2020

google-preferred-sourceAdd BT as a preferred source
Sharon See

Sharon See

Published Wed, Jan 15, 2020 · 09:50 PM

    Singapore

    CYBERSECURITY, fintech and the future of energy are the three "unstoppable" trends of 2020, according to a Citibank analyst posting a bullish investment outlook on these sectors, amid rising cyber threats and growing concern about the climate crisis.

    "Not one single industry is immune to data breaches, which can cause significant harm to companies' profits and reputation as well," Alex Wong, vice president and portfolio counsellor at Citibank Singapore said.

    TRENDING NOW

    CLI has yet to determine a timeline for its asset divestment programme, and will provide more details at its upcoming investor day.

    CapitaLand Investment to restructure portfolio, recycle up to S$9 billion

    Genting Singapore’s non-gaming revenue has been supported by refreshed attractions, hospitality and experiential offerings.

    Genting Singapore H1 profit falls 33.5% to S$156.1 million despite stable revenue

    The changes will take effect after the close of trading on Aug 31, says MSCI in its latest quarterly review.

    MSCI drops S-E Asian heavyweights Sembcorp, GoTo and Ayala Land from global benchmarks

    The changes will take effect at DBS over the next few months.

    DBS names new heads for Hong Kong, Taiwan and Indonesia markets

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More