Singapore’s EQDP attracts more than S$1 in private capital for every public dollar invested: Chee Hong Tat
The Republic’s fundamentals ‘remain sound’ even amid a more challenging external environment, he adds
The Equity Market Development Programme (EQDP) has successfully attracted more than a dollar in private capital for every dollar of public funds invested in Singapore's equities market, according to Minister for National Development Chee Hong Tat. This ratio, achieved in the program's third phase, demonstrates the growing investor participation in the local equities market.
Despite a more challenging global environment, Singapore's fundamentals remain sound, Chee emphasized during the 2026 Investors' Choice Awards by the Securities Investors Association (Singapore). Singapore has been proactively strengthening its equities market and trading activity through various measures, including announcing the third batch of EQDP fund managers in September, which has brought cumulative programme allocations to S$5.4 billion across 14 asset managers.
Chee also highlighted the importance of well-governed companies, well-informed investors, and strong bridges between them to sustain investor confidence. Efforts are being made to streamline the listing process, boost independent research on IPOs, and enhance corporate governance to foster constructive engagement and long-term investor confidence.
Written by urgent.news from The Business Times - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.