Where is temasek review




















Meanwhile, it has sought climate-aligned investment opportunities over the past year such as the joint venture with DBS, Standard Chartered and the Singapore Exchange to form global carbon exchange and marketplace Climate Impact X. The panel was also asked about the upcoming leadership change and how will Temasek be moving forward with its investment strategy. It was announced in February that Ho Ching will retire as the chief executive officer of Temasek Holdings on Oct 1 after 17 years at the helm.

Mr Dilhan Pillay will succeed her as chief executive and executive director on the same day, while holding on to his current position as the chief executive of Temasek International, the commercial arm of Temasek driving its investments.

We all work collectively together through committees, through participation and we're all part and parcel of this journey going forward. So I don't believe there will be much change. We know it's a hassle to switch browsers but we want your experience with CNA to be fast, secure and the best it can possibly be. To continue, upgrade to a supported browser or, for the finest experience, download the mobile app. Temasek's one-year total shareholder return rose to The Americas again accounted for the largest share of Temasek's new investments last year, followed by Singapore and China.

Subscribe for our daily curated newsletter to receive the latest exclusive Reuters coverage delivered to your inbox. More from Reuters. Temasek Foundation stepped forward early to provide medical supplies to some 40 countries. These carried medicines, PPEs and other essential medical supplies to countries across Asia and the Pacific. We are pleased to have further expanded the partnership this month to help WFP move critically needed supplies to India, Nepal, Bangladesh, Indonesia and potentially other countries in Asia.

Our Brazil team worked tirelessly to provide 40 local hospitals with ventilators, oxygen concentrators and surgical masks. More recently, during the massive outbreak in India in the second quarter of , we partnered Temasek Foundation to donate more oxygen-related equipment to India. At the same time, a volunteer team from our Singapore office worked fast to facilitate the rapid supply of cryogenic tanks. Other staff in Singapore, China and elsewhere worked hard to help others to connect, match, and deliver other urgent necessities.

The numerous humanitarian initiatives led by Temasek Foundation have been boosted by additional donations and support from various Temasek portfolio companies, partners, and other well-wishers. The highly infectious Delta Variant of Concern is already dominant in several countries, and growing in over 90 countries.

Looking ahead, we expect the global economy to recover steadily, encouraged by accommodative fiscal and monetary policy. Uncertainty remains around the virulence of new COVID variants, and the potential geopolitical reverberations as tensions mount between China and the US. The US should continue to see strong growth, boosted by fiscal stimulus, resilient private consumption, and a return to pre-COVID normalcy due to its pace of vaccinations.

Upside inflation risks are likely to be moderate, but still bear watching. Manufacturing should continue to benefit from strong external demand, particularly for electronic products. Overall, we are cautiously optimistic on the global economic recovery in the short to medium term. We continue to shape our portfolio for resilience in anticipation of future threats and opportunities. The goal is to sustain our performance, generate risk-adjusted returns over the long term, and mitigate climate risks.

Bouncing forward to meet global challenges, especially the climate emergency, will require governments, businesses and people to pull together.

The window is closing rapidly on the carbon abatement front. We are nearing the tipping point for melting ice sheets and other climate regulating systems, resulting in more extreme weather events. Temasek will work to catalyse solutions as we live out our roles as set out in the Temasek Charter - as an Investor, Institution, and Steward. We will deploy financial capital to stimulate innovation and growth; develop human capital to uplift capabilities and enhance potential; enable natural capital to foster sustainable solutions; and seed social capital to transform lives for a more inclusive and resilient world.

Governments, businesses and communities must pull together, and bounce forward into a climate friendly norm for better lives and more sustainable livelihoods. It was quite remarkable, given the pandemic lockdowns, and the various impediments on travel and face-to-face meetings.

In a sense, we were quite fortunate, as we had built deep and trusted relationships which stood the test of the pandemic restrictions. That has enabled us to maintain a healthy pace of investment activities and engagement with our portfolio companies all round. Our aim is to build a forward looking and resilient portfolio — one that delivers sustainable economic growth, and at the same time, enables the transition to a low carbon economy.

This is especially so for the Digitisation trend. The shift to work from home has generated demand for online services, payments, digital health and technology platforms. Driven by these strong tailwinds, some of our unlisted companies took the opportunity to go public and prepare themselves to move ahead more ambitiously. More importantly, I especially value the strong partnerships we have with our portfolio companies and their management teams.

These give us the opportunity to grow with them in the years ahead. We encourage our staff to support and participate in tree planting and land restoration efforts to foster climate ownership.

As a steward, we catalyse solutions and work with partners to build a more sustainable planet. This is an intermediate goal towards our ambition for net zero emissions by To do this, we are actively investing in climate-aligned opportunities, and enabling technological and nature-based solutions that are carbon negative. These efforts complement and supplement the decarbonisation efforts of our portfolio companies. Vaccination programmes across the US, Europe, and China are likely to stimulate and sustain broad-based economic activity.

Back in Singapore, the manufacturing, financial and technology sectors remain resilient. Some helped in frontline efforts like swab operations in the dorms. I want to find out about. Temasek Review Bounce Forward. No One is Safe Till Everyone is The world had pulled together, however untidily, to accelerate science and solutions to overcome the scourge.



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