Singapore State Fund, Temasek, Purchases UK Tech Firm for 7 billion US Dollars

The state investment fund of Singapore, Temasek, is buying the UK-based tech firm for 7 million US dollars to test a wide range of materials from several industries to ensure their sustainability.

On Tuesday, Temasek signed the deal for acquiring Element Materials Technology from Bridge...

TEMASEK FOUNDATION SINGAPORE TO PROVIDE FINANCIAL ASSISTANCE TO ATHLETES

HIGHLIGHTS

• Temasek Foundation on Wednesday (Jan 13) announced it will support athletes who are not receiving the government’s grant

The Temasek Foundation Inspire Fund introduced last year intends to give an advantage to promising competi...

TEMASEK HOLDINGS PORTFOLIO DRIPPED FOR LAST FINANCIAL YEAR IN FOUR YEARS

HIGHLIGHTS

• Temasek Holdings reported a fall in its net portfolio worth in four years, however, said its account statements stay "strong" and that it has the adaptability to rebalance its portfolio likewise.

For the year Mar 31, its ne...

TEMASEK SINGAPORE OPPOSES RACISM POSTS ON FACEBOOK

HIGHLIGHTS

• Temasek put up a statement on Friday saying they feel angry as to what has been said on Facebook about their colleagues of India. They feel it as racist, false, and divisive.

Sticking to its hiring policies it said that there must be...

SINGAPORE VERTICAL FARMING SEEDS TO BE DEVELOPED UNDER UNFOLD AN ENTERPRISE OF TEMASEK AND BAYER

HIGHLIGHTS

• Singapore and German firms collaborate to create seeds for indoor farming. Temasek along with German pharmaceutical Bayer to frame an organization that means to grow new assortments of vegetable seed

The main office will be in Califo...

SINGAPORE TEMASEK ANNUAL REPORT WILL BE OUT IN SEPTEMBER

HIGHLIGHTS

• Singaporean shareholder state organization said its portfolio owners have yet not filled in the portfolio details due to the global halt over pandemic
• Hence, it announced in a Facebook post to reveal its report till September

TEMASEK JOINS FACEBOOK’S DIGITAL CURRENCY PROJECT

Highlights:

• Temasek, Singapore state investor joined Facebook-backed digital currency project Libra.
• Facebook released its vision for libra last year stating that Libra is an alternative global digital payment system where a single token would be back...

Digital expenses to exceed nearly $0.99 Trillion in Southeast Asia in the next 6 years.

The monetary services have become easily available to consumers in the county because of technology, and it is predicted to inflate further to become accessible to 100 million Southeast Asians with restricted access to monetary services nowadays, as per the report issued by Google and partners. T...