As part of SG Budget 2025, tax incentives will be introduced for Singapore-based companies and fund managers that choose to list in the city-state and grow their economic activities here. These three tax incentives constitute the first set of measures developed by the Monetary Authority of Singapore (MAS) to revitalise the Initial Public Offering (IPO) market.
He pointed out that while these measures could provide a short-term boost to the number of IPOs, Singapore needs strong institutional investors and market makers — a robust ecosystem that facilitates active trade amidst regional market competitions.
"The city-state needs to strengthen market-making mechanisms, encourage broader institutional engagement, and attract innovative, high-growth sectors that appeal to both local and international investors," he added.
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