A newly-established review group with representatives from both the private and public sectors will propose measures to revitalise Singapore’s struggling stock market.
According to the MAS, the group will will propose measures to revitalise Singapore’s struggling stock market. (Photo: The Straits Times)
Singapore (VNA) – A newly-established review group with representatives from both the private and public sectors will propose measures to revitalise Singapore’s struggling stock market.
Announced recently by the Monetary Authority of Singapore (MAS), the panel will be chaired by Second Minister for Finance and MAS board member Chee Hong Tat. Other members include MAS managing director Chia Der Jiun, Temasek chief executive Dilhan Pillay, Singapore Institute of Management chairman Euleen Goh, and Singapore Exchange (SGX) chairman Koh Boon Hwee.
The group will assess the current state of the local equities market, and examine measures to address identified challenges. It will propose strategies to support and encourage SGX-listed companies to build capabilities and expand internationally. Besides, it will also review the key elements of Singapore’s regulatory approach to foster an enabling ecosystem, including the listing regime.
Recommendations will be made to attract primary and secondary listings to the nation. The group will suggest targeted measures to facilitate product offerings and improve liquidity in Singapore’s equity market, broadening the pool of potential initial public offerings, and propose outreach and communication strategies to enhance the attractiveness of the local equities market, promoting it to issuers and investors.
MAS said that the review group will be supported by two work streams: The enterprise and markets work stream will address market challenges, foster listings and facilitate market revitalisation, while the regulatory work stream will focus on enhancing the regulatory regime to promote market growth and foster investor confidence.
💃 The group will recommend a set of measures and complete its report within 12 months./.
Singapore is seeking to make it easier for law enforcement to prosecute money laundering offences in the city state, the country's Ministry of Home Affairs said.
Singapore has announced its national asset recovery strategy (NARS), setting out a comprehensive approach towards the recovery of illicit funds and assets from criminals, and the forfeiture of these assists of their return to victims.
As a business, financial and trade hub, Singapore is vulnerable to being misused as a conduit to launder illicit funds derived from fraud committed abroad, said the Singapore’s Money Laundering National Risk Assessment (ML NRA).
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.
The Ministry of Commerce reported that imports also rose 18% to 29.9 billion USD during the same period, resulting in a trade surplus of 1.1 billion USD. In May alone, Thailand posted a 4.6 billion USD trade surplus with the US and a 4.1 billion USD trade deficit with China.
The World Bank will provide a 2.1 billion USD financing package for Indonesia, focusing oncreating jobs, stimulating economic growth, and enhancing access to clean energy across the country.
Member states also reviewed progress on six priority areas for 2025, including the development of an underground cable framework, the follow-up agreement to the ASEAN Petroleum Security Agreement (APSA), the launch of the ASEAN Energy Efficiency Database, and the rollout of an investment platform for sustainable building initiatives.
In March, Thai Prime Minister Paetongtarn Shinawatra met with Formula 1 chief Stefano Domenicali and said Thailand would commission a feasibility study into hosting a Grand Prix on a Bangkok street circuit from 2028.
The proposed giant sea wall aligns with bilateral cooperation and has been designated a national priority, considering that several regions in Indonesia are experiencing land subsidence of 10–15 centimetres per year.
International flights were cancelled including Jetstar and Virgin Australia flights to cities across Australia, and flights of Air India, Air New Zealand, Singapore's TigerAir and China's Juneyao Airlines.