Singapore is planning significant changes to revive its underperforming stock market, according to Second Minister for Finance Chee Hong Tat.
A task force is working to modernise regulations, boost liquidity, and attract quality listings.
Proposed measures include cutting listing costs, simplifying prospectus requirements, and expanding equity derivatives.
The aim is to rejuvenate the market, which has faced declining performance and low trading volumes.
The task force, comprising various industry stakeholders, will implement these changes over a year and assess their impact.
Find out how Singapore aims to transform its underperforming stock market here.