PitchBook：2025年第二季度新加坡私募与风投市场更新报告（英文版）

Market backdrop Singapore stands out as a key financial and commercial hub in Southeast Asia, with a well-established reputation for political stability, sound macroeconomic fundamentals, and robust regulatory frameworks. The city-state has consistently ranked among the world’s most business-friendly economies, attracting global capital and multinational corporations to its shores. However, this stability has not translated into a vibrant public equity market. The Straits Times Index (STI) ha