“We are not relying on one or two measures, but we are taking a more comprehensive approach to address some fundamental questions and to strengthen our competitiveness,” says Second Finance Minister Chee Hong Tat.
The Monetary Authority of Singapore (MAS) has announced a more detailed set of measures — following its initial statement dated Feb 13 — listing the first set of proposed measures by the equities market review group.
On Feb 21, the central bank said its measures fall under three main pillars: demand, which is to grow investor interest; supply, which is to attract quality listings; and regulatory moves to strengthen investor confidence.
