Take calculated risks to revive local market

A LOT was said this past week about the national effort to revitalise the Singapore stock market. Most of it was encouraging, but some of it left me wondering if the most relevant issues will ever be addressed.

Second Minister for Finance Chee Hong Tat said in a speech on Sep 16 that the equities market review group set up by the Monetary Authority of Singapore (MAS) is prepared to try new ideas and take calculated risks.

He noted that Singapore has managed to establish itself as the largest real estate investment trust (Reit) market in the Asia ex-Japan region, and attributed this to a supportive regulatory framework and ecosystem.