August 2, 2024
1 min read

Singapore Eyes Stock Market Revamp

The number of companies listed on the SGX has declined in recent years…reports Asian Lite News

The Monetary Authority of Singapore (MAS) on Friday announced a review group to strengthen equities market development.

Led by Minister for Transport, Second Minister for Finance, and MAS board member Chee Hong Tat, the group involves private sector stakeholders and public sector representatives.

Singapore Exchange. (Photo: Twitter/@SGX)

The group will propose measures to encourage the Singapore Exchange (SGX) to expand internationally, attract primary and secondary listings to Singapore, and improve liquidity in the equity market to broaden the pool of Initial Public Offerings (IPO).

The MAS noted that the group will complete its report within 12 months, Xinhua news agency reported.

The number of companies listed on the SGX has declined in recent years. There was only one IPO on the SGX for the first half of 2024.

ALSO READ: UAE FM tours Singapore’s National Institute of Education

Previous Story

EU issues UK with list for better ties

Next Story

Climate activists arrested in latest airport disruption

Latest from -Top News

Modi Strengthens Defence, Energy Ties in Saudi

Both sides agreed to hold the next Strategic Partnership Council meeting at a mutually convenient date….reports Asian Lite News India and Saudi Arabia have expanded their bilateral Strategic Partnership Council by adding

India Donates Vaccines to Afghanistan

The Afghan Ministry of Public Health expressed gratitude towards India for its generous contribution….reports Asian Lite News India has donated 4.8 tonnes of vaccines to Afghanistan as part of its ongoing humanitarian

Global Grief Over J&K Terror Strike

Australian Prime Minister Anthony Albanese also condemned the horrific terror attack, stating that violence can not be justified….reports Asian Lite News Condolences have poured in from around the world after the horrific

Pakistan Condemns J&K Terror Strike

Pakistan’s Foreign Office issued a brief statement, saying, “We are concerned at the loss of tourists’ lives in an attack in Anantnag district…reports Asian Lite News Pakistan on Wednesday responded to the

Muslim World League Condemns Terror in Pahalgam

Prime Minister Modi commended the firm stand of the Muslim World League against extremism, terrorism and violence….reports Asian Lite News The Muslim World League has condemned the horrific terror attack in Pahalgam,
Go toTop

Don't Miss

Singapore, Bangladesh Strengthen Relations with High Commission Upgrade

Momen had earlier requested the Singaporean Foreign Minister to set

Indian-Origin Ministers in Singapore Grapple with Graft Allegations

The trio belongs to the ruling People’s Action Party (PAP),