transport sector

Singapore's transport sector is stuck in a jam: DBS

SINGAPORE (Dec 21): DBS has a “neutral” rating on Singapore’s transport sector in 2019, with hopes that a better-than-expected economic growth and activity globally would help improve demand volume and pricing for the transport sector.

This in turn should help improve ROEs, which have been under pressure for the past few years.

The research house has ComfortDelGro and ST Engineering as its top “buy” picks. Meanwhile, for air travel growth proxies, DBS likes SATS and China Aviation Oil (CAO).

Looking to invest in transport? Asia Pacific is your best bet

SINGAPORE (July 8): According to law firm Norton Rose Fulbright’s seventh ‘The way ahead’ transport survey, nearly half of all respondents are looking to Asia Pacific as the key market for investment in the transport sector, with China and India as popular the most jurisdictions, followed by the US.

Lower oil prices, the impact of infrastructure improvements as well as a growing availability of funding has spurred the confidence of aviation and rail industry investors – but shipping appears to remain the least optimistic due to overcapacity in many sub-sectors of the market.

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