Tag: Temasek

Digital economy in SEA now worth S$138 billion, with 65% of the region’s startup funding going to SG

An annual report on Southeast Asia (SEA) by Google, Temasek and Bain & Company announced that the region's digital economy is now worth a staggering US$100 billion (S$138 billion), with US$12 billion (S$16.6 billion) coming from Singapore. The report also revealed that Singapore normally receives...

Why is Ho Ching’s salary still a secret? Lee Hsien Yang questions

The younger son of Singapore's founding Prime Minister, Lee Hsien Yang, is questioning the salary of Ho Ching, his estranged sister-in-law. Ho Ching has been the Chief Executive Officer of Temasek Holdings since 2002. She first joined Temasek Holdings as a Director in January 2002 then...

Temasek to buy minority stake of Danish engineering firm Haldor Topsoe

An agreement was signed on Tuesday, March 12, between Singapore's Temasek and Danish engineering firm Haldor Topsøe Holding A/S, for Temasek to buy 30 percent of the shares of the company. The agreement is set to be finalized later in the year. The Topsoe family currently owns...

Temasek subsidiary Vertex Ventures to continue tech investments, specifically in China

Chua Kee Lock, the Chief Executive Officer and President of Vertex Venture Holdings, a subsidiary of Temasek Holdings, said that venture capital investing is like the Chinese divination guide tongshu in a recent interview with the South China Morning Post, since it includes some...

Netizens speculate Temasek Holdings in need of funds after Ho Ching supports launch of first retail bonds

The Singapore state investment firm Temasek Holdings’ announced on Tuesday that retail investors can now invest in Temasek Holdings’ bonds with the launch of its first public bond offer. This announcement was given much support online by Chief Executive Officer of Temasek Holdings, Ho...

Temasek Holdings and GIC on worldwide buying spree

From January to September this year, companies in Singapore have gone on a US$91 billion buying spree around the world. This is more than twice the amount of US$41.9 billion spent in the same period last year, according to data from Bloomberg.  The big buyers,...