Initial plans to revive equities market may treat the symptoms but fall short of a cure: industry observers

THE full update on the Monetary Authority of Singapore (MAS) equities market review group’s first set of measures, released on Friday (Feb 21), drew a cautious thumbs up from industry observers over the weekend.

The Business Times spoke to people across the capital market, including investors, fund managers, brokers and lawyers. They differed on the extent that the proposals would have in reviving the local market.

Carol Fong, group chief executive officer of brokerage CGS International, noted that the full update on the measures surpassed expectations, especially after a “comparatively lacklustre teaser” of the tax incentives that were first announced at Budget 2025.