SINGAPORE – Calls to revive curiosity in native shares have been rising in frequency over the previous few years, stretching again to 2015, when 1,225 remisiers signed a letter of attraction written by the Society of Remisiers (SOR) to then Finance Minister Tharman Shanmugaratnam for pressing measures to revive confidence in Singapore equities.
Since then, Bloomberg information company in 2019 described the Singapore market as “extremely shrinking”, whereas in 2021, the South China Morning Put up stated the bourse’s “zombie” situation was undermining the Republic’s status as a monetary hub, and maybe extra of a fear, added that the situation could also be irreversible.