Temasek
Temasek reports lower net portfolio value of $285B in FY2023
Singapore investment firm Temasek has reported a net portfolio value (NPV) of SGD 382 billion ($284.61 billion) in financial year ended March 31, 2023 (FY23), a drop of 5.21 percent as compared to SGD 403 billion ($300.26 billion) in FY2022.
July 11, 2023
News,Venture Capital,Singapore
Global Developer Hacker House launches to groom 100,000 next generation developers over two years
Tribe, a Singapore government supported technology ecosystem builder, in collaboration with Singapore's Infocomm Media Development Authority (IMDA) and sovereign wealth fund Temasek launched a first-of-its-kind Global Developer Hacker House designed to provide an end-to-end hybrid setup for developers to learn, practice and build solutions to real-world…
June 9, 2023
News,Blockchain / Crypto,Singapore
Salary cut for Temasek’s investment team, senior management over failed bet on FTX
"With FTX, as alleged by prosecutors and as admitted by key executives at FTX and its affiliates, there was fraudulent conduct intentionally hidden from investors, including Temasek. Nevertheless, we are disappointed with the outcome of our investment, and the negative impact on our reputation," Temasek said.
May 29, 2023
TNGlobal Insider,Digital Transformation
Making digital transformation happen with low- and high-code
Low-code development is an extremely powerful tool for any organization looking to accelerate its digital transformation journey. The low-code, high-code combination maximizes internal IT teams’ productivity while empowering more employees within the organization to embrace and be a part of the digital future.
November 28, 2022
Singapore’s Temasek writes down $275M investment in FTX; says currently have no direct exposure in cryptocurrencies
“In view of FTX’s financial position, we have decided to write down our full investment in FTX, irrespective of the outcome of FTX’s bankruptcy protection filing,” Temasek said.
November 17, 2022
Southeast Asia’s digital economy expected to hit $200B GMV in 2022, report
Southeast Asia’s digital economy is on track to hit $200 billion gross merchandise value (GMV) in 2022, three years earlier than was anticipated in the inaugural report shared in 2016, said Google, Temasek and Bain & Company in its released seventh edition of the e-Conomy SEA report.
October 27, 2022
News,AgriTech,Asia,Venture Capital
Wavemaker Impact, Breakthrough Energy Ventures, GenZero, Temasek plan to form agritech venture
Wavemaker Impact, Breakthrough Energy Ventures, GenZero, and Singapore’s Temasek intend to set up a first-of-its-kind agri-tech startup that brings together climate-tech, agri-food, and venture-building capabilities to accelerate rice decarbonisation in Southeast Asia and the rest of Asia.
October 27, 2022
Brazil’s Votorantim and Singapore’s Temasek launch new $700M fund to invest in Brazil
Brazil-based investment firm Votorantim and Singapore state investor Temasek announced Wednesday a strategic partnership to explore new investment opportunities in growth capital in various sectors of the Brazilian economy. By the terms of the agreement, Votorantim and Temasek will be partners in a new investment fund, in which both parties have committed…
August 11, 2022
Singapore’s Temasek warns of cautious outlook, expects to slow down investment
The state-owned investor has 13 offices in 9 countries around the world: Beijing, Hanoi, Mumbai, Shanghai, Shenzhen and Singapore in Asia; and London, Brussels, New York, San Francisco, Washington DC, Mexico City, and Sao Paulo outside Asia.
July 14, 2022
XM Studios forms strategic brand alliance with IMMORTALS
March 27, 2024
XM Studios forms strategic brand alliance with IMMORTALS
March 27, 2024