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Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Fund Profile/New Launches

PNG look to Singapore as role model for SWFs

Posted on 12 September 2012

Papua New Guinea’s Minister for Public Enterprises, Ben Micah, says he will look at the way Singapore manages its State-Owned Enterprises (SOEs) and investments, as a possible role model for Papua New Guinea. Micah is particularly interested in the structure, and operating processes of the Singapore government’s investment company, Temasek Holdings.
He says, the relationship between Temasek, the government’s incorporated sovereign wealth fund, Singapore Investment Corporation, and the Central Bank, the monetary authority of Singapore, has some aspects that can be adopted in Papua New Guinea………………………………………..Full Article: Source

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