Investing Updates: Moving your Singapore share portfolio just got easier

Source:

https://www.straitstimes.com/singapore/moving-your-singapore-share-portfolio-just-got-easier-tiger-brokers

ChatGPT:

I checked the Straits Times article, Tiger Brokers’ current transfer documentation, and recent Singapore investor discussions. The article is also sponsored/branded content, so some of its benefits claims should be viewed as promotional rather than independent analysis. (The Straits Times)

📌 Straits Times article summary

The key development is that Tiger Brokers now lets Singapore investors digitally transfer eligible shares from their CDP account into Tiger Brokers, including the option to transfer the entire eligible CDP portfolio.

Previously, moving CDP holdings to a broker involved paper forms, signatures, supporting documents and manually entering each stock and quantity. The new digital process removes much of that administrative work. (The Straits Times)

What Tiger is offering

Feature	Details
CDP → Tiger transfer	Digital transfer through Tiger Trade
Full transfer	Transfer all eligible SGX securities
Partial transfer	Transfer selected stocks
Transfer fee	Tiger says $0 for CDP → Tiger
Typical processing	About 3 business days
Custody fee	No custody fee for Singapore stocks
Transfer reward	Up to $3,500 cash or an iPhone 17 Pro Max 512GB, depending on assets transferred
SGX market data	180 days, stated value about $120
Transfer-out reimbursement	Up to $200 from an existing broker
Margin financing	SGD rates advertised from 2.80% p.a.

(The Straits Times)

The important distinction is that your shares remain yours economically, but after the transfer they are held in Tiger's custody rather than directly in your CDP account. Tiger says voting rights, dividends and corporate-action participation remain available. (The Straits Times)

---

🔥 Why this matters

The biggest benefit isn't actually the promotion.

It's portfolio consolidation.

A typical Singapore investor might have:

CDP
→ DBS shares
→ Singtel
→ STI ETF

Tiger
→ US stocks
→ Hong Kong stocks

IBKR
→ US ETFs

Other broker
→ another portfolio

Tiger is effectively saying:

Put your SGX + US + Hong Kong holdings together in one app.

That makes portfolio tracking, asset allocation and performance monitoring considerably easier. (The Straits Times)

---

⚠️ But there's an important trade-off

This is the part I think is more important than the Straits Times article's promotional message.

CDP ownership vs broker custody

If your shares are sitting directly in your CDP account, moving them to Tiger means they are no longer directly registered in your CDP account.

Instead:

Before

You → CDP → shares

After

You → Tiger custody → shares

Tiger says your beneficial ownership doesn't change and client securities are segregated from Tiger's own assets. (The Straits Times)

But some Singapore investors deliberately keep long-term SGX shares in CDP because they prefer direct CDP holdings rather than having everything under a broker's custody arrangement.

That's probably the biggest reason not everyone will want to transfer.

---

💬 What Singapore investors are saying

The interesting thing is that there isn't yet a huge amount of discussion specifically about this September 8 announcement. The article is only a day old.

However, the existing HardwareZone and Reddit discussions around Tiger/CDP reveal what investors are likely to focus on.

🟠 HardwareZone: CDP vs custody is the big concern

HardwareZone discussions have historically been very focused on exactly this issue.

One long-running discussion asks whether Tiger's SGX shares automatically appear in CDP. The answer from forum users was essentially no — shares held through Tiger's normal custody arrangement aren't the same as shares directly held in CDP. (HardwareZone Forums)

More recent discussion also shows Singapore investors comparing:

• Tiger

• FSMOne

• DBS Vickers

• Moomoo

• CDP

and looking closely at transfer fees and whether shares ultimately sit in CDP or custody. (HardwareZone Forums)

This suggests the main HardwareZone reaction is likely to be:

"Convenient, but do I really want to move my CDP shares into custody?"

---

🟢 Reddit: Tiger is still being compared with IBKR/Moomoo

A very recent r/singaporefi discussion from September 3 is particularly relevant.

A Tiger user with most of his investments on the platform was asking whether he should switch to another broker, particularly IBKR, and whether transferring positions would be worthwhile. The responses highlighted that Tiger is less discussed than Moomoo but that long-time users continue to use it because of its UX and promotions. (Reddit)

That tells us something important:

The question isn't simply "Is Tiger good?"

For Singapore investors, it is increasingly:

Which broker should I consolidate my entire portfolio with?

And Tiger's new CDP transfer capability directly addresses that question.

---

🧠 One thing I would be careful about

The Straits Times article makes the process sound almost frictionless:

CDP → Tiger → one app

But Tiger's own documentation has some restrictions.

For example, securities that aren't eligible include things such as Singapore Savings Bonds, suspended/delisted counters and certain rights shares, while shares that are currently lent out under SGX's Securities Borrowing and Lending programme also can't simply be transferred. (Tiger Brokers)

There's also a two-trading-day cooling-off period after CDP notification/authorisation. Tiger warns investors not to continue trading their CDP positions during the transfer because it could potentially result in a short position. (Tiger Brokers)

So "one-click" describes the application process, not necessarily instant settlement.

---

📱 What about X, Facebook, Instagram, TikTok and Threads?

I searched specifically for discussion around the announcement and its CDP-transfer feature.

Current picture

Platform	Discussion level	Main theme
Reddit	🟢 Moderate	Tiger vs IBKR/Moomoo, broker switching
HardwareZone	🟢 Existing discussion	CDP vs custody, fees, transfer mechanics
X	🟡 Limited indexed discussion	Tiger promotions / investing
Facebook	🟡 Limited publicly searchable discussion	Broker promotions
Instagram	🟡 Limited	Promotional/financial content
TikTok	🟡 Limited	Broker comparisons/promotions
Threads	🟡 Very limited	Little substantive discussion yet

I wouldn't interpret the low activity on Instagram/TikTok/Threads as negative sentiment. The announcement is simply too new and the topic is fairly technical.

The strongest substantive discussion remains among Singapore investing communities rather than mainstream social media.

---

💰 Is the promotion attractive?

Potentially, yes — especially for a sizeable CDP portfolio.

The headline offer of up to $3,500 cash or an iPhone 17 Pro Max 512GB is designed to make investors reconsider where their existing assets are held. There is also the $200 transfer-out reimbursement and six months of SGX market-depth data. (The Straits Times)

But I wouldn't transfer a large portfolio just for the free gift.

The more important calculation is:

Transfer reward + lower fees + convenience

versus

loss of direct CDP holding + custody arrangement + future transfer-out costs + broker/platform risk/preferences

---

⭐ My assessment for a Singapore investor

I'd rate the development:

Convenience: ⭐⭐⭐⭐⭐

A major improvement. Moving an entire CDP portfolio digitally is much easier than the old paperwork process.

Cost: ⭐⭐⭐⭐½

$0 CDP → Tiger transfer and no Singapore-stock custody fee are attractive. (The Straits Times)

Promotion: ⭐⭐⭐⭐⭐

Up to $3,500/iPhone + $200 transfer reimbursement is aggressive.

CDP flexibility: ⭐⭐⭐

This is the main compromise. Your shares become Tiger-custodied rather than directly held in CDP.

Long-term investor appeal: ⭐⭐⭐½

Excellent if you value consolidation; less compelling if you deliberately want your core Singapore holdings in CDP.

---

🎯 For you specifically

Given that you've previously looked at Tiger Brokers, IBKR, Moomoo, POEMS and Singapore ETFs, I'd look at this differently from a normal Tiger promotion.

If you have a sizeable portfolio of Singapore shares sitting in CDP, the new feature makes Tiger a much more credible "single brokerage" option.

But I wouldn't automatically move the entire portfolio.

I'd consider a structure such as:

CDP
→ long-term Singapore blue chips / REITs you want directly in CDP

Tiger
→ SGX trading + US/HK stocks + tactical investments

IBKR
→ long-term global/US ETF portfolio

That gives you diversification between brokers while still taking advantage of Tiger's low-cost trading and portfolio tools.

Bottom line

The real news isn't the $3,500 promotion. It's that Tiger has removed one of the biggest barriers to consolidating a traditional Singapore CDP portfolio with an online multi-market broker.

The feature is genuinely useful, but whether you should transfer depends heavily on whether you value CDP's direct holding structure more than Tiger's convenience, lower costs and ability to see your global portfolio in one place.

LifeStyle Updates: No, You Don’t Need US$1.1 Million To Retire In Singapore

Source:

https://drwealth.com/no-you-dont-need-us1-1-million-to-retire-in-singapore/

ChatGPT:

The article challenges the widely shared claim that Singaporeans need US$1.1 million (about S$1.4 million) to retire comfortably, arguing that the figure is being badly misinterpreted.

The number comes from NetCredit using Numbeo cost-of-living data and assumes an American retiring at 64 and living to 78.4. It applies the same 176.4-month retirement period to every country, adds a 20% comfort buffer, and excludes taxes and healthcare. Crucially, it does not account for Singapore's CPF, HDB ownership or local longevity.

The author identifies four major problems. First, Numbeo's crowdsourced prices may disproportionately reflect expatriate and higher-income consumption, including private rentals and Western dining. Second, the model effectively assumes housing costs that many Singaporean retirees do not face. More than 90% of Singapore resident households own their homes, while most retirees live in HDB flats, many of which are mortgage-free by retirement.

Third, the assumed retirement period is inappropriate for Singapore. Singaporeans reaching 65 can expect to live another 21.2 years, considerably longer than the US-derived 14.7-year period. Fourth, the model ignores CPF LIFE, which provides lifelong monthly income after retirement, alongside MediSave and MediShield Life.

Using Singapore's Household Expenditure Survey, the author notes that households consisting solely of non-employed people aged 65 and above spent an average S$2,349 monthly. Even allowing for a more comfortable lifestyle and safety margin, he argues that the required savings remain well below S$1.4 million—before considering CPF LIFE or a paid-off HDB.

The broader lesson is that retirement targets are meaningful only when their assumptions match your age, housing, spending, longevity and retirement-income system. The US$1.1 million figure may describe an American-style retirement in Singapore, but it is not a universal Singaporean retirement target.

What social media/forums are saying

The strongest current discussion I found is on Reddit's r/singapore, where the original Visual Capitalist chart generated substantial debate. The post had around 97 upvotes, with commenters largely questioning whether the methodology reflects Singaporean reality. (Reddit)

• “The methodology is flawed” camp: Several Redditors pointed out that the calculation does not distinguish between someone renting and someone with a fully paid HDB. One commenter specifically called the study a “terrible study” because housing status dramatically changes retirement costs. (Reddit)

• Life expectancy criticism: Others noticed that the 14-year-8-month retirement period appears inconsistent with Singapore's considerably longer longevity. One commenter joked that the methodology effectively assumes someone retiring at 65 dies around 80, whereas Singapore's average lifespan is around 83. (Reddit)

• But some defend the chart: A minority argued that the study is simply a consistent international benchmark. Their view is that the same methodology being applied to every country makes it useful for comparison, even if it isn't a personalised retirement target. (Reddit)

• Healthcare remains a concern: Some Redditors highlighted the exclusion of healthcare as a weakness. Interestingly, others acknowledged that the study explicitly excludes healthcare and taxes, reinforcing that it should not be treated as an individual's retirement calculation. (Reddit)

• The $1.1m figure isn't necessarily “crazy”: Another commenter noted that US$1.1m could generate roughly US$44,000 annually under a 4% withdrawal framework—showing that the number can look reasonable from a US retirement-planning perspective. (Reddit)

• Older HardwareZone discussions show the same divide: HWZ users have debated for years whether S$1 million is enough. Some emphasise CPF and controlled spending, while others worry about healthcare, inflation and housing. (HardwareZone Forums)

Overall sentiment

The online reaction broadly supports the article's central criticism, but with an important qualification: people don't necessarily believe S$1.4 million is unnecessary. Rather, they object to presenting it as the amount every Singaporean needs.

The recurring theme across discussions is:

A paid-off HDB + CPF LIFE + moderate spending is a completely different retirement proposition from renting privately and funding everything from an investment portfolio.

There is also a long-running Singapore debate over whether S$1 million is enough, with HWZ discussions showing that some people consider it adequate for a modest HDB lifestyle while others believe healthcare, inflation and lifestyle upgrades make a much larger portfolio necessary. (HardwareZone Forums)

The most useful conclusion is therefore not “you only need S$500k” or “you need S$1.4m,” but calculate your own retirement spending gap after CPF LIFE, housing and other guaranteed income are accounted for. That is also consistent with broader retirement-planning guidance: the appropriate target depends heavily on expenses, lifestyle and how long the money must last. (fidelity.com)

Note: I found substantial current discussion on Reddit and historical/relevant discussions on HardwareZone, but I could not verify meaningful public, searchable discussion specifically on X, Facebook, Instagram, TikTok or Threads for this exact article. I would not invent sentiment for those platforms.

Portfolio Updates

Made some refinements to portfolio as follows:

• Cryptocurrencies target lowered to 10% allocation
• 3067.HK added to portfolio for 5%

Bitcoin volatility is having quite an impact. Quantum computing risk is real, but I think a solution will be figured out eventually.

China tech progress is pretty good imo. I think it's worth to add an ETF that's concentrated on China tech equities.

Continue to DCA according to your plan everyone. Don't let the headlines and fear get into you 😊

Portfolio Updates

2025 was a great year for investments.

Hope 2026 will be as good.

Only one ticker Raffles Medical is in the red now 😆. I might divest it for better returns elsewhere.

Estimated portfolio value's around 520k.

On track to reach between 1m to 1.5m target at 55. To switch to 4%+ dividends by then.

Portfolio strategy remains the same. To simplify with diversified holdings and achieve market returns.

May the AI revolution, World Peace and Humanity prevail! 👏

Portfolio Updates

It seems like portfolio updates posts attract more traffic to this blog.

Not sure why though. My investments are now pretty boring. 😂

Will try to update monthly and keep it simple, stupid (KISS) which gives the best results for an average investor like myself.

Still dcaing into VWRA to reach 60% target.

Predicting REITs to start recovering with upcoming interest rate cut.

Thus, adjusting CFA and CLR targets to 15% to allow more funds.

Breaking 500k feels like a milestone worth celebrating. But I feel nothing much 😜

The end goal never change. To retire well with spouse, relieve children from sandwiched class and live a simple hobbies life.

Portfolio Updates

Portfolio link : 𝕐𝕠𝕦 𝕆𝕟𝕝𝕪 𝕃𝕚𝕧𝕖 𝕆𝕟𝕔𝕖, 𝔽𝕖𝕒𝕣 𝕆𝕗 𝕄𝕚𝕤𝕤𝕚𝕟𝕘 𝕆𝕦𝕥 𝟙𝟘𝟙: Portfolio & Tools

It's been a while since my last portfolio updates.

Well... it's targeted to be simple so there shouldn't be many updates to begin with 😄

The goal is always the same. To achieve 1m - 1.5m from 55++ and convert most to dividends/interest payments in late life to fund retirement.

Let's brief through what's happened so far.

Portfolio Updates : 

On equities market, I've continued to DCA into VWRA bringing it closer to the target 60% allocation. But market has been hitting ATH frequently since liberation day, and so the logical steps were to top up allocations to "decent valued" CFA, CLR which I did a few times.

On crypto market, I've exchanged my remaining DOT to ETH when Altseason had a mini bull run. Turned out it was a wise move 😋. I'm left with BTC (70%), ETH (20%), ADA (5%), USDC (5%). I transferred more to Aave for USDC staking as the rates got better.

On cpf updates, I've added more into POEMs Amundi world etf. Endowus has not responded to POEMs entry into CPF OA investing. Perhaps the client shift is not significant.

On T-bills, bonds and cash mgt, I'm still replacing the expired T-bills monthly. The interest low is pretty low and so there's no need to add additional funds.

Overall, this portfolio is performing closely to the average S&P500 returns. Looking to streamline further over time (45, 50, 55, 60 age) to < 12 holdings.

Rewards Updates : 

On referrals, I've received more referrals from MooMoo, Interactive Brokers, etc. Thanks everyone for your contributions 😀. I'm still using mainly seedly, reddits for spamming referrals and social engagements to get referrals. This is the best setup for now as my time is in a balanced manner between family, hobbies and money making.

LifeStyle Updates : 

Nothing ground-breaking happening 😉

Same old 3 kids.

Same old football, tennis, video games and jogging hobbies.

Perhaps the biggest change is I've started refreshing the wardrobe due to wear and tear issues. There's many clothing that are worn from 5 to 10 years. Very loose, dropping all the time, etc. 😂

Investing Updates : Lots of Fear in the Market, Stay Calm and Stick to your Strategy

Source : 

https://edition.cnn.com/markets/fear-and-greed

Opinion : 

Lots of fear in the world markets right now.

Rightfully so, with the uncertainty caused by tariffs.

Stick to your strategy and start allocating or re-balancing as usual.

For me, I'm topping up VWRA to increase portfolio allocation as planned, link here.

I'm also executing CPF trades on Poems with 80/20 allocations to Amundi Index MSCI World A12S (C) and Amundi Prime USA AS (C).

Stay calm and stick to your strategy of Lump Sum or DCA.

Investing Updates : Chocolate Finance App, is it worth using for Cash Management?

URL: https://medium.com/@winsonfong1982/chocolate-finance-app-is-it-worth-using-for-cash-management-6e903de97ec0

First Medium post created for fun! 😊

Investing Updates : Nerfed: Chocolate Finance Drops Top-up Rate to 3% and 3.3% p.a. on First S$50,000 From 1st February 2025

URL: https://sethisfy.com/nerfed-chocolate-finance-drops-top-up-rate-to-3-and-3-3-p-a-on-first-s50000-from-1st-february-2025/

Apple Intelligence:

Chocolate Finance has announced a reduction in its top-up program rates, effective February 1st, 2025. The new rates, ranging from 3% to 3.3% p.a., follow a similar adjustment from a couple of months ago and are attributed to changing market conditions. While other features like instant withdrawals remain unchanged, the short notice period of less than two weeks is considered inadequate.

Opinion:

I've recently added funds to Chocolate Finance platform. And then it drops 😂. But I think it's still a good product when compared to other cash management options for first 20k.

Referral: https://share.chocolate.app/nxW9/risyvv2n

Investing Updates : Portfolio Strategy

• I think a lot of people's portfolios are at all time high right now.
• So the question on many people's minds might be what's next to add? 😋

• For me, I will be continuing to adjust my portfolio ratios to the targeted 30/30/30/10 percentages. (See Portfolio link)
• As Crypto goes higher, I will gradually sell to realise gains and move the crypto ratio closer to 10%

• Imo, many SG-based financial influencers have recommended either SG Banks or REITs for local market investments. I've chosen REITs as a larger percentage of portfolio allocation because it fits my investing strategy and principles. I want to enjoy a bit along the way with dividends while riding on some capital gains.

• For overseas market, I will stick with VWRA and VUAA investments for exposure to U.S. If Trump really pushes the market higher for the coming years, these 2 ETFs should do well and they are Ireland-domiciled which can avoid estate tax complications.

• On earning activities, I've re-assigned more allocations to DeFi platforms throughout the year. I see the potential upcoming altcoin season as being bullish to the DeFi space.

• I'm pondering how I can make more side income e.g. starting casual YouTube channel with AI prompts, besides the ones I am currently using. Platform referrals have worked well and I like to thank all those who read my blog and used my referral codes 👍

• Congrats to all of us investing this year 💥

Investing Updates : Bitcoin Surges Towards $100,000: Who's Driving the Rally and What's Next

URL: https://www.moomoo.com/community/feed/bitcoin-surges-towards-100-000-who-s-driving-the-rally-113525701083142

Bitcoin is approaching the $100,000 milestone, fueled by a 130% YTD gain, positive news in the crypto sector, and increasing institutional investments. Key drivers include discussions of crypto policy in the U.S., a potential SEC leadership change, and a surge in Bitcoin ETF assets. Experts predict volatility, with potential corrections to $80,000, but remain bullish on long-term growth.

Investing Updates: Berkshire Hathaway Trims Apple, Bank of America

URL: https://www.moomoo.com/community/feed/113486598635525?is_recommendation=0&is_recommend_pos=1&futusource=news_headline_list

Berkshire Hathaway’s Q3 updates reveal Warren Buffett’s cautious strategy amid overvalued markets, reflected in record cash reserves of $325.2 billion. The company trimmed stakes in Apple (down to 26.24% of its portfolio) and Bank of America, while fully exiting Ulta Beauty. In contrast, Buffett expanded holdings in SiriusXM to 32% and initiated positions in Domino’s Pizza and Pool Corporation, targeting undervalued stocks. These moves highlight Buffett’s preference for value investments in less overheated sectors, against a backdrop of high S&P 500 valuations and a surging “Buffett indicator” signaling potential market overvaluation.

Investing Updates : BTC Price Targets

URL: https://www.moomoo.com/community/feed/113464869650441?is_recommendation=0&is_recommend_pos=0&futusource=news_headline_list

The Moomoo article discusses the next price target for Bitcoin, which is expected to hit $120,000, driven by increased institutional interest and a favorable macroeconomic environment. Factors like high inflation and dollar weakening contribute to Bitcoin’s appeal as a hedge asset. Recent regulatory progress and ETF approvals have also bolstered confidence in the cryptocurrency, with analysts projecting strong demand and potential for Bitcoin to reach new highs.

It feels like a real bull run has started for crypto. 

Will be claiming and selling altcoins along the way to adjust portfolio allocations.

100k by 2024 year end would be great 💪

Investing Updates : Lowest SSB demand in more than 2 years

URL: https://www.businesstimes.com.sg/companies-markets/demand-singapore-savings-bond-slides-lowest-february-2022-10-year-average-return-2-56

Here's a brief summary of the article:

1. Lowest Demand Since February 2022: The demand for the latest Singapore Savings Bond (SSB) issuance reached its lowest level by absolute value since February 2022.

2. 10-Year Average Return: The 10-year average return for the latest issuance is 2.56%, which is a new low for 2024.

3. Applications and Allotment: The November issuance received applications totaling S$99.6 million for the S$600 million on offer, with S$92.2 million being fully allotted.

4. Comparison with Previous Issuance: In comparison, the October issuance received S$206.6 million in applications for the S$800 million on offer.

5. Interest Rates: The latest issuance offered a first-year interest rate of 2.25%, down from the October issuance's 2.59%.

   
   

   "As expected, lots of retail investors are seeking better returns elsewhere. If you believe the bull market still has legs, it's not too late to hop on the stock market bandwagon. 

   
   

   Personally, I've invested additional funds into EndowUS Flagship CPF Portfolio using CPF OA. It's generated 5%+ return for me so far over 3 years and I'm predicting it will continue to do well."

Investing Updates : S&P500 10 Year Poor Returns - Goldman Sachs

 

Investing Updates : Bull Market Turns 2 Since October 2022

URL: https://www.moomoo.com/community/feed/bull-market-turns-2-is-the-best-yet-to-come-113305742671877

OpenAI:

Here are the 5 key points from the article on Moomoo about the bull market turning two years old:

• 65% Gain: The S&P 500 has gained 65% since October 2022, hitting its 45th record high.

• Historical Performance: The average bull market since World War II lasts about five years, with a median gain of 100%.

• Future Outlook: The article suggests that the bull market is not over yet and highlights several factors that could support further growth.

• Investment Opportunity: It reassures investors that it's not too late to invest, as the market still has potential for long-term gains.

• Key Themes: The article explores key themes and factors that are driving the current bull market and why they are important to consider.

My Thoughts:

So many influencers, analysts, etc have said the bull market is strong and will continue for a few more years.

Based on historical data, there's no denying it. 

For people like me with 13+ years to 55 years old, can take some risks. One could argue it would take some awful luck to hit the lost decade years ( 2000 - 2010 ) if you invest now.

Do your due diligence and proper allocations though. No one knows the future.

Investing Updates : SGX Revival

URL: https://www.theedgesingapore.com/news/markets/singapore-exchange-insiders-cast-doubt-stock-market-revival

OpenAI

The article from The Edge Singapore delves into the skepticism among insiders regarding the revival of the Singapore stock market. Despite various efforts to rejuvenate the market, such as introducing new listings and making regulatory changes, insiders remain doubtful about a significant turnaround.

Key points from the article include:

• Low Trading Volumes: One of the primary concerns is the persistently low trading volumes, which indicate a lack of active participation from investors.

• Investor Interest: There is a noticeable lack of interest from both retail and institutional investors. This disinterest is attributed to various factors, including the availability of more attractive investment opportunities in other markets.

• Competition from Other Financial Hubs: Singapore faces stiff competition from other financial centers like Hong Kong and Shanghai, which are drawing more attention and capital.

• Regulatory Environment: While regulatory changes have been made to attract more listings and improve market conditions, these measures have not yet yielded the desired results.

• Market Sentiment: Overall market sentiment remains cautious, with many investors preferring to wait and see how global economic conditions evolve before committing more capital to the Singapore market.

These factors collectively contribute to the ongoing challenges faced by the Singapore Exchange in its efforts to revive the stock market.

My Thoughts

• Tough road for SGX.

• Will still invest in STI and REITs. 

• I think we need to inject major stimulus and lessen regulations to boost local IPOs. Exactly how to do it? Will see what the committee, experts do 😉