Emerging Sectors in Singapore
Singapore leads Southeast Asia's banking and finance hub as banking, foreign exchange, and insurance have been the key growth areas in this sector. Singapore has several internationally renowned banks such as BNP Paribas, Barclays Capital, Prudential, Credit Suisse, etc.
Tourism is also one of Singapore's largest service sectors promoting medical, business and retail tourism, thus fueling the nation's economic growth.
In terms of logistics, the country adopts best practices while developing supply security guidelines to create an IT platform that is applicable to the industry as a whole. The Singapore port is one of the busiest in the world, offering strong connectivity to the Asia-Pacific region.
Singapore is a financial hub which makes it vital to adapt and leveraged benefits of fintech disruptors. Technology is evolving fast, and it has given rise to segments such as online product management and digital marketing. This implies that the financial segment and technology are being used in tandem.
Start-ups can be a good place to start or rejuvenate your career, especially if you choose the right business at the right time.