02.03.2015 - Temasek faces new normal as Singapore eyes funds
Temasek Holdings's long-term investing strategy will have to include more short-term and liquid assets after the Government opened up the option to draw more funds from the state-owned investment company. Singapore's Government is "now ready" to include part of Temasek's capital gains in its annual budget as the country spends more on its subway network, airport, education and social security to support an ageing population, Finance Minister Tharman Shanmugaratnam said in his Budget Statement on Feb 23. ..............................................Full Article: Source
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