From Bloomberg: Taiwan’s government, with stakes in companies from China Steel Corp. to Land Bank of Taiwan, said it’s considering setting up a state investment firm similar to Singapore’s Temasek Holdings Pte to manage the island’s assets.
A group of academics and experts were asked to submit a proposal by the end of this year on setting up a committee or investment company to manage resources and boost returns, Finance Minister Lee Sush-der said in an interview today……………………………………….Full Article: Source