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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Singapore SWFs: Not for financing local firms

Posted on 10 March 2010

From Channelnewsasia.com: Government investment firms like GIC and Temasek Holdings will not be part of plans to support local firms through co-investment. This was announced by Second Minister for Finance Lim Hwee Hua in parliament on Tuesday.

But she noted that with more small Singapore firms looking overseas, it will be a priority to set up an export-import body to assist cross border finance……………………………………….Full Article: Source


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