Temasek Holdings

Temasek to conduct roundtable on business ethics in wake of Keppel corruption scandal

SINGAPORE (Mar 5): Temasek Holdings chairman Lim Boon Heng has called for the second Temasek Roundtable for the chairs of major Temasek portfolio companies to align themselves and set expectations on how they should operate and conduct business – ethica

Easy loving from Temasek – spend more, get more

(Mar 2): DBS Group Holdings returned almost 84% of its profit last year to shareholders, the most since 2005.

Google confirms investment in Indonesia's Go-Jek

SINGAPORE (Jan 29): Google has made its first ride-hailing investment in Asia by pumping money into Go-Jek, as the Indonesian start-up and deep-pocketed rivals rapidly expand their app-based services and digital payments in Southeast Asia.

Singapore reviewing anti-graft law amid mounting calls to make it tougher

SINGAPORE (Jan 23): Singapore's anti-corruption watchdog said it is reviewing the country's primary anti-graft law amid mounting pressure on the government to toughen the rules in the wake of revelations of criminal wrongdoing at companies in the

Google, Temasek coming in as new investors in Indonesia's Go-Jek

SINGAPORE (Jan 18): Alphabet Inc's Google, Singapore state investor Temasek Holdings and Chinese online platform Meituan-Dianping are investing in a fundraising round of Indonesian ride-hailing startup Go-Jek, sources familiar with the matter said.

M&A

Japan's MUFG seeking to buy $2.4 bil Bank Danamon stake: Reuters

TOKYO/SINGAPORE (Reuters): Mitsubishi UFJ Financial Group (MUFG) is in talks to buy a 40% stake in Bank Danamon Indonesia for around 200 billion yen ($2.4 billion), a person with direct knowledge of the talks told Reuters on Thursday.

NSI Ventures targets US$125 million second fund for consumer apps

(Dec 13): NSI Ventures, an early backer of Indonesian ride-hailing giant Go-Jek, is targeting a US$125 million ($169 million) second fund to continue investing in consumer apps as well as startups in health care, financial services and education. 

Startups, Entrepreneurs, Digital economy

Temasek-backed Accuron MedTech leads $2.6 mil investment in start-up Advent Access

SINGAPORE (Dec 12): Medical technology start-up Advent Access has raised $2.6 million in a pre-Series A financing round led by Accuron MedTech, Southeast Asia’s largest medical device company.

Global Economy

E-commerce to fuel Southeast Asia's internet economy: Google-Temasek

SINGAPORE (Dec 12): Southeast Asia’s internet economy has experienced unprecedented growth over the past year to exceed Google-Temasek initial research projections, with there to be over 330 million active monthly internet users by end-2017 – a 70 mil

Temasek unit to consider investing with Health Management International

(Nov 30): After a 91% surge in its share price since 2016, Health Management International has gained an important new supporter – a unit of Singapore’s state investment firm.
×