Temasek has seen substantial returns on its investments in the US and in India, in contrast to the relatively weak RoI from China.
Category: Corporate
SearchGPT: Open AI to challenge Google with its AI-powered new search engine
Open AI to launch its new search engine which promises to give a tough battle to Google
Singapore grows as global pharma hub, with SGD 1bn Pfizer expansion following SGD 2bn AstraZeneca cancer drug facility
As Pfizer and AstraZeneca make headlines in 2024 with billions of dollars in new facility investments, they reinforce the stature of Singapore as the go-to country for global pharma brands.
Singapore telecom: 3G service phase-out begins in Aug 2024, starting with M1 mobile network
To support their 3G subscribers, Singapore’s mobile network operators are required to provide a range of 4G/5G service plans and 4G/5G mobile phone options to assist them in their migration.
Singapore-based hospitality brand Ascott ties up with Chelsea FC as part of European market strategy
For Chelsea FC fans, the tie-up means the facility of booking customised stay packages, and also exclusive rewards if they sign up for the Ascott Star Rewards programme.
Temasek reports SGD 389 billion Net Portfolio Value in FY24, up by SGD 7 billion from FY23, based on RoI from US and India
One of the Indian companies that benefited from Temasek’s sustainability-oriented investments was the electric vehicle manufacturer Mahindra Electric Automobile.
Scooter enthusiasts experience Ather Energy’s Rizta in Kolkata which promises to be family-friendly
Ather showcases its family scooter Rizta in Kolkata.
Unite calls off July 8 strike at Tata Steel UK plant in Port Talbot
Last week, Tata Steel UK had challenged Unite’s balloting process and had also said that a planned closure of blast furnaces was likely to be brought forward if the steelworkers’ strike did begin.
Tata Steel UK begins legal action against Unite strike, fears Port Talbot plant closure by July
On March 1 this year, Unite had begun “formal industrial action proceedings over Tata’s plans to close its Port Talbot blast furnaces and shed 2,800 jobs”.
Apple becomes first company to be charged with EU’s DMA rules
Technological giant Apple now charged with violating EU’s digital markets act rules
