According to HSBC economist Joseph Incalcaterra, Singapore remains bullish in this sector given the assumption of a strong rebound in industrial production (IP).
The study which reveals Singapore's position in the list of countries with the advanced digital economy has been done by Fletcher School at Tufts University and Mastercard.
Siemens President and CEO Joe Kaeser says Singapore is an ideal location because of its distinctively advanced industrial and urban infrastructure development.
SGX is the first in Asia to offer trading in DLCs, allowing Specified Investment Products (SIP)-qualified investors to gain fixed leveraged exposure to key Asian indices.