Singapore Begins Allocating $3.9 Billion to Boost Local Stocks

Singapore has started handing out part of the S$5 billion ($3.9 billion) it plans to invest in local stocks to selected fund managers, in a bid to cement an equity...

By Bernadette Toh, David Ramli · Bloomberg

Singapore has started handing out part of the S$5 billion ($3.9 billion) it plans to invest in local stocks to selected fund managers, in a bid to cement an equity market revival.