MAS sets up review group to boost the development of Singapore's stock market

New listings on the Singapore Exchange have been dwindling, and there has been a steady stream of delistings over the years.

Hong Kong, Singapore's rival as an Asian financial hub, had 68 IPOs last year and raised US$5.3 billion. Forming a review group is an efficient way to access ideas and views from different experts, he said. "Improving the attractiveness of Singapore's equities market can therefore enhance Singapore's standing as a vibrant enterprise and financial hub."

The review group will assess the state of the market and existing efforts, as well as come up with recommendations on how to attract primary and secondary listings, improve liquidity and promote the development of SGX-listed companies.

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.

Why Singapore firms are entering the German market, and how Enterprise Singapore is helping themEnterprise Singapore, which champions internationalisation, said it has seen a spike in companies exploring opportunities in Europe post-pandemic.
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Singapore Theatre Company returns to Singapore Repertory Theatre name after contentious rebrandTheatremakers who objected to the name change in February welcome SRT's latest announcement.
Source: The Straits Times - 🏆 8. / 63 Read more »