Singapore's economy has rebounded strongly from the pandemic, driven by robust domestic and external demand amid the global recovery. However, the city-state's equities market has lagged behind its global peers in terms of listings, liquidity, and investor interest.
To enhance the competitiveness of Singapore’s capital market, the Monetary Authority of Singapore (MAS) launched a comprehensive revitalisation plan in 2024, forming the Equities Market Review Group to strengthen the equities market. This strategy combines both demand-side and supply-side incentives and moves towards regulatory streamlining, thereby aiming to attract quality issuers and investors while improving capital-raising prospects for issuers and fund managers. This In Practice article considers the key initiatives.