In parliament on Friday (Feb 28), MP Louis Chua said that he welcomed measures to strengthen the equity market developments in Singapore but sought clarifications on the latest measures announced in February 2025. On the S$5 billion Equity Market Development Programme, he wanted to know how the Monetary Authority of Singapore (MAS) intends to use the seed funding to draw in investments from other investors. He also wanted to know how MAS intends to evaluate and allocate the funds to the fund managers, and how they will be disbursed. “Will there be sustained funding in cash injections for continued support of the equities market over the medium- to long-term?” Mr Chua asked. To this, he also proposed two key reforms to ensure long-term sustainability.