Photo: Unsplash
Cover Photo: Unsplash
The year so far may have been filled with uncertainty and dejection, but if you’re looking for advice on where to put your money, here are some suggestions

Smart Cities

Tatler Asia

As Asia continues to urbanise, there is growing demand for smart city solutions to solve operational challenges. From smart transport and telemedicine to electronic identities and state-of-the-art communication networks, smart city applications look set to be a growth area.

See also: A Virtual Real Estate Plot in the Metaverse Sold for US$2.4 Million

The Metaverse

Tatler Asia

Once confined to the realms of science fiction, the development of metaverses is a trend to watch. Already prevalent in the gaming sector, these virtual shared spaces are now being used as an avenue for digital asset ownership.

See also: 7 Asian Metaverse Influencers That Brands Love

Gold

Tatler Asia

The price of gold has been on a broadly upward trend since December due to its status as an inflation hedge. As a safe haven asset, the value has risen further following the uncertainty created by the conflict in Ukraine.

See also: 4 Things To Know About Investing In Gold Art

Defensive Stocks

Tatler Asia
Photo: Unsplash
Above Photo: Unsplash

With inflation creating a headache for central banks, and consumers facing higher living costs and interest rate hikes, expect a pullback in discretionary spending. As a result, counter-cyclical stocks, such as food, utilities and pharmaceuticals, could outperform other sectors.

Oil & Gas

Tatler Asia

Oil and gas companies are outperforming other sectors as sanctions on Russia send prices soaring. With supply tight and demand rising due to economic activity picking up post-Covid, the price of both commodities could hit a record high this year.

See also: Plus Xnergy Forms Joint Venture in Big Push for Clean Energy

Healthcare

Tatler Asia

Asia’s demographic trends of an expanding middle class and ageing population create significant momentum behind healthcare companies. Following the Covid-19 pandemic, consumers will be likely to devote a greater share of their income to staying healthy.

See also: 3 Malaysian Healthcare Experts on Being on the Covid-19 Frontline

Vietnam

Tatler Asia
Ho Chi Minh City (Photo: Tron Le/Unsplash)
Above Ho Chi Minh City (Photo: Tron Le/Unsplash)

Economic growth in Vietnam is accelerating as the country reopens following pandemic restrictions. It is expected to be Asean’s fastest growing economy in 2022, as it benefits from companies diversifying their global supply chains, although higher oil and raw materials prices represent a downside risk.

See also: 4 Luxury Resorts in Unesco World Heritage Sites in Southeast Asia

Green Technology

Tatler Asia

Countries in Asia will need innovative solutions from green technology companies to help them achieve their carbon neutrality targets. Look for firms with proven solutions in areas such as renewable energy, electrical vehicles and smart grids.

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