Singapore launches $5b equities programme to boost market liquidity

Chee said MAS and SGX RegCo have committed to completing listing reviews within six to eight weeks.

Singapore will deploy $5b under the new Equities Market Development Programme (EQDP) to strengthen its fund-management ecosystem and broaden investor interest beyond large-cap stocks, Minister for National Development and MAS Deputy Chairman Chee Hong Tat announced.

An initial $1.1b will be allocated to three asset managers to catalyze third-party capital and deepen liquidity in small- and mid-cap equities.

Additional tranches will follow. Chee emphasized that the goal is to build sustained investor demand for Singapore-listed companies—not to “pump-prime” the market.

To complement the EQDP, the Monetary Authority of Singapore (MAS) will introduce tax rebates to reduce listing costs and streamline regulatory processes.

Chee said MAS and SGX RegCo have committed to completing listing reviews within six to eight weeks.

He added that a more robust equities market will benefit family offices—both as investors and as business owners looking to raise capital in Singapore.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia