DBS Vickers expects an upcoming white paper on Singapore's population to raise its population target to 7 million from 6.5 million, which will benefit construction, land transport, property and healthcare companies.
Singapore said on Thursday it plans to double its rail network to 360 kilometres by 2030, which is expected to boost ridership to 13.8 million rides a day, benefitting transport operators such as ComfortDelGro Corp Ltd.
The larger population will mean a greater need for homes, DBS said, estimating demand to rise 31 percent. Full story
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