Singapore studies proposals to revive its struggling stock market

📆 5/8/2024 2:14 AM
📰 IndependentSG

⏱ Reading Time:
34 sec. here
2 min. at publisher
📊 Quality Score:
News: 17%
Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Singapore studies proposals to revive its struggling stock market amidst concerns over its lagging performance compared to its regional counterparts

More radical ideas are also on the table, such as emulating mechanisms seen in countries like Australia and Thailand, allowing pension and sovereign wealth funds to invest in stocks.This marks a departure from GIC’s predominantly international investments as Singapore’s government seeks to bolster its local market.

SGX’s Chair, Mr Koh Boon Hwee, a renowned business veteran, has played a pivotal role in championing fresh perspectives, a departure from past practices. Last year, it recorded one of the lowest deal volumes globally and was cited as “one of the quietest” exchanges, a stark contrast to the IPO boom witnessed elsewhere in Asia.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Singapore can help support businesses in IP market by providing strong IP environment: ShanmugamAs trademark filings for goods and service in the green space soar in Singapore, Law Minister K Shanmugam believes the country can help support businesses by providing a strong environment for intellectual property.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »