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Reimagining Singapore’s place in the global equity market

Boldness is exactly what we need to make a real difference

    • The big question is: “What can the Singapore equities market become the best in the world at?”
    • The big question is: “What can the Singapore equities market become the best in the world at?” PHOTO: YEN MENG JIIN, BT
    Paul Santos
    Published Mon, Sep 16, 2024 · 05:00 AM

    WHEN things are not working as well as we would like, we typically have three choices: criticise and complain; accept it and live with it; or try to do something about it.

    This time, I have chosen to go with the third. I am privileged to be part of the Monetary Authority of Singapore (MAS) review group’s Enterprise and Markets Workstream, where we aim to catalyse meaningful changes for Singapore’s equities market.

    It is not the first time people have asked: “How can we fix the Singapore Exchange?” or “What can we do to make the SGX better?” While these are valid questions, I believe they may lead only to incremental improvements. If we truly want a breakthrough, we may need to reframe the question.

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