Singapore Ready to Make ‘Bold Changes’ to Revive Stock Market

Sept. 16, 2024, 5:55 AM UTC

Singapore is prepared to make “bold changes” to regulatory structures in an attempt to revive its languishing stock market, according to its Second Minister for Finance.

Chee Hong Tat, who is chairing a task force looking at ways to strengthen the equities market, said the group aims to remove outdated rules, encourage a pipeline of quality listings, and boost liquidity. Measures — which may include cutting listing costs and expanding the pool of equity derivatives — will be implemented in phases before the end of a 12-month review period, he said.

“It is not an easy task to revitalize ...

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