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

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

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.
Gold

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.
Defensive Stocks

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

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

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

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

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.
NOW READ
Malaysian Entrepreneur Vinesh Sinha on His Carbon Reduction Solution
Tiffany & Co Launches Limited-Edition 18K Gold Coins
The Euro Is Now Equal to the US Dollar: What Does it Mean for Travel
Topics




