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Central Banking Central Banking Newsdesk Print this page   Singapore’s government announced that the chief of its sovereign wealth fund Temasek will be replaced in October. Dilhan Pillay Sandrasegara has been appointed as executive director and chief executive of the state-owned fund Temasek with effect from October 1, 2021. Pillay will succeed Ho Ching, who first took up the role in January 2004. Temasek now manages a portfolio of over S$300 billion ($226 billion). The fund does not provide a full breakdown of its capital allocations. Pillay will Only users who have a paid sub...

- Advertisement - Mr Lim entitled it “Gong Xi Fa Cai To The Opposition!” Included in the photo were Dr Tan Cheng Bock and his wife,  Cecilia Lee Choon Lian; Lee Hsien Yang and his wife, Lee Suet Fern; as well as Terry Xu and Khush Chopra. He wrote, “The food and wine were outstanding and the conversation stimulating. We live in very interesting times and I believe great developments will take place in Singapore this decade which will change our society for the better.” The dinner was held at Black Society, a Cantonese restaurant at Vivo City. Mr Lim thanked Ms Jun Low, ...

Share Singapore Prime Minister Lee Hsien Loong gives red packets to SIA cabin crew and pilots, as well as support staff on shift at the SIA Cabin Crew Control Centre on Friday. The Straits Times PM: Economic rebound for Singapore Mon, 15 February 2021 The bulk of Singapore’s economy should be able to bounce back this year following the heavy hits it took last year with the Covid-19 pandemic, according to Prime Minister Lee Hsien Loong on February 12. Such a rebound will however be uneven, and Lee cautioned that sectors like tourism, transport, aviation and construction will take longer to r...

February 14, 2021 Southeast Asia has drawn increasing interest from global venture capital (VC) firms wanting a slice of the emerging market growth story. A total of $4.08 billion was raised by nine global funds in 2020 with significant allocations for private companies in the region, a massive jump from $867 million bagged by five funds in 2019, per our latest report, SE Asia’s VC Funds: Q4 2020 Review. On the other hand, Southeast Asia’s venture capital firms suffered a significant 39% drop in fundraising at $1.96 billion in 2020, as travel restrictions in the wake of the COVID-19 pande...

The Straits Times Singapore's economy able to bounce back this year, but some sectors will take longer to recover: PM Lee PM Lee giving red packets to SIA cabin crew and pilots, as well as support staff on shift at the SIA Cabin Crew Control Centre.ST PHOTO: TIMOTHY DAVID PM Lee, NTUC president Mary Liew and secretary-general Ng Chee Meng with SIA cabin crew and pilots, as well as support staff on shift at the SIA Cabin Crew Control Centre.PHOTO: MINISTRY OF COMMUNICATIONS AND INFORMATION PM Lee (back, in red) and NTUC President Mary Liew (third from right) with staff from Changi General Hosp...