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MAS review group needs to bring stakeholders together, and find a way to realign their interests

Relatively high yields offered by Singapore’s leading stocks and Reits could be attractive to global investors seeking diversification amid heightened volatility

Ben Paul
Published Mon, Aug 12, 2024 · 05:00 AM
    • MAS says its review group will study ways to galvanise greater public sector participation in the effort to strengthen the local market, including from capital market intermediaries, investors and listed companies,
    • MAS says its review group will study ways to galvanise greater public sector participation in the effort to strengthen the local market, including from capital market intermediaries, investors and listed companies, PHOTO: BT FILE

    AS GLOBAL markets convulsed on Monday (Aug 5), one of my colleagues said to me: “I wonder what will happen to the SGX revival plan.”

    The Monetary Authority of Singapore (MAS) had announced on Aug 2 that it had set up a review group to recommend measures to strengthen the local equities market.

    The move came three months after a Financial Times report said there had been a “shift in thinking” in Singapore about the importance of a thriving stock market to its standing as a global hub for business and finance.

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