The Singaporean Government has been researching solutions to revive the domestic stock market as many companies have weakened in recent years amid high interest rates.
Singapore (VNA) – ꧟The Singaporean Government has been researching solutions to revive the domestic stock market as many companies have weakened in recent years amid high interest rates.
The city state’s stock market is characterised by a high concentration of companies with substantial stakes held by state investment fund Temasek, as well as real estate-focused companies, including real estate investment trusts. However, their weakening made Singapore Exchange (SGX) one of the quietest globally last year.
In efforts to revitalise the market, a council has been established, gathering representatives of both private and public sectors.
The Monetary Authority of Singapore (MAS) stated that the council will be chaired by Second Minister for Finance and MAS Deputy Chairman Chee Hong Tat. Its mission is to assess the current state of the domestic stock market, address challenges, and propose strategies to support and encourage listed companies on the SGX to build capabilities and expand internationally.
MAS is also collaborating with market participants such as banks and exchanges to develop Singapore’s electronic trading infrastructure. This will enhance the detection of cash flows, price changes, and foreign exchange transactions in the region, allowing market participants to benefit from reduced latency and better pricing and liquidity in foreign exchange and over-the-counter (OTC) derivative transactions.
Other measures being considered include mandatory participation in the stock market with private capital flowing into Singapore and establishing mechanisms to allow pension funds to invest in the domestic stock market. The Central Provident Fund (CPF) of Singapore, a social security system for pensions, has substantial capital, but the Singaporean Government currently lacks policies to mandate or encourage CPF investments in stocks.
The country's Government is also closely monitoring policies in other countries and is particularly focused on cooperating with Southeast Asian stock markets. Plans include organising a regional exchange in the future and addressing issues such as currency risk.
Recently, the Vietnam Stock Exchange (VNX) and the SGX signed a memorandum of understanding to develop communication channels that strengthen relations for the benefit of the stock markets in both countries. This is an avenue that the Singaporean Government is set to continue promoting in the future./.
The growth of financial technologies, including blockchains and cryptocurrencies, depends on how well the legal system can adapt. Globally, as the legal status of cryptocurrencies remains ambiguous, Malaysia and Singapore offer unique approaches to cryptocurrency supervision.
A newly-established review group with representatives from both the private and public sectors will propose measures to revitalise Singapore’s struggling stock market.
The Singapore Carbon Market Alliance (SCMA) was launched recently, serving as a national platform that will help connect developers of carbon credit projects with potential buyers.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
PM Anwar Ibrahim affirmed the determination of Malaysia, as ASEAN Chair for 2025, to utilise all viable regional mechanisms of the bloc and work with partners to de-escalate violence and restore a peace process led by Myanmar.
Talking to the Vietnam News Agency on the occasion of the 100th anniversary of the Vietnam’s Revolutionary Press Day (June 21, 1925–2025), Nikulina, who is also a veteran journalist of Russia’s Sputnik News, emphasised the vital role of mainstream journalism in defending the truth and maintaining public trust.
