Despite the overall slowdown in the economy, I see a growth potential in logistics services. Mainly due to the continued regional growth. Singapore's central position in ASEAN makes her a logical site as regional hub/headquarter for all sorts of industries in South-East Asia. Peesai should further reinforce this with operational bases and storage warehouses in remote South East Asian locations to augment what is here.
Cheers!
Cheers!
One of the major strategy since late 90s was to use this transhipment hub to act as an off-shore tax-reduction centre by shipping finished or semi-finished goods to Singapore (from the global manufacturing supply chain in Asia) making use of the city's low tarrifs treaties with many countries including US.