{
  "id": 15882955,
  "title": "Singapore’s EQDP attracts more than S$1 in private capital for every public dollar invested: Chee Hong Tat",
  "url": "https://urgent.news/2026/10/21/singapores-eqdp-attracts-more-than-s-1-in-private-capital-for-every",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-21T12:07:27.000Z",
  "source": {
    "name": "The Business Times - Companies & Markets",
    "slug": "the-business-times-companies-markets",
    "url": "https://www.businesstimes.com.sg/companies-markets/singapores-eqdp-attracts-more-s1-private-capital-every-public-dollar-invested-chee-hong-tat"
  },
  "original_language": "en",
  "account": "Singapore's Equity Market Development Programme (EQDP) has successfully attracted more than S$1 in private capital for every S$1 of public funds invested, according to Minister for National Development Chee Hong Tat. This ratio has been maintained during a more challenging global environment, as the market continues to recover and expand. The EQDP, now in its third phase, has allocated a cumulative S$5.4 billion across 14 asset managers. Chee emphasized that Singapore's fundamentals remain strong, despite external headwinds, and highlighted the importance of well-governed companies, informed investors, and strong relationships between them in sustaining investor confidence. The minister also noted Singapore's efforts to streamline the listing process, develop IPO guides for individual investors, and strengthen corporate governance to foster long-term investor confidence.",
  "summary": "The Republic’s fundamentals ‘remain sound’ even amid a more challenging external environment, he adds",
  "key_points": [
    "EQDP attracted more than S$1 private capital for every S$1 public investment.",
    "Maintained ratio during challenging global environment and market recovery.",
    "EQDP allocated S$5.4 billion across 14 asset managers in third phase."
  ],
  "editors_take": "The high ratio of private capital attracted by the Equity Market Development Programme demonstrates how targeted public funding can effectively leverage private investment to bolster local market expansion and resilience.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Business Times - Singapore",
        "title": "Singapore’s EQDP attracts more than S$1 in private capital for every public dollar invested: Chee Hong Tat",
        "url": "https://urgent.news/2026/10/21/singapores-eqdp-attracts-more-than-s-1-in-private-capital-for-every-15890358",
        "published": "2026-10-21T12:07:27.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}