MAS announced the successful conclusion of the fifth and final phase of Project Ubin, a blockchain-based multi-currency payments network prototype developed in collaboration with J.P. Morgan and Temasek.

Singapore: CapitaLand-Ascendas merger creates one of Asia’s largest real estate groups

Singapore-based realty major CapitaLand Ltd announced it has completed the acquisition of Temasek-owned Ascendas-Singbridge, resulting in the creation of one of Asia’s largest diversified real estate groups with assets worth SGD123 billion under management.

Dilhan Pillay Sandrasegara chosen as new CEO of Temasek Holdings

Bringing laurels for the Indian community abroad, Indian-origin Dilhan Pillay Sandrasegara will be the new CEO of wholly-owned management and investment arm of state investor Temasek Holdings in Singapore from April 1.

Singapore-based Temasek makes SGD51 million investment in Dr Agarwal’s Healthcare

Singapore-based global investment major Temasek has picked a minority stake in Chennai-based eyecare hospital Dr Agarwal’s Healthcare for INR2.7 billion (SGD51 million).

India ties up with Singapore Corporation, Temasek for water recycle, reuse

India’s official policy think-tank Niti Aayog and ministry of drinking water has entered into partnership with Singapore Corporation Enterprise and Temasek Foundation to use island nation’s expertise in recycle and re-use of water.

Indonesian ride-hailing firm Go-Jek launches pre-registration portal for drivers in Singapore

Go-Jek, the latest entrant into the ride-hailing market of Singapore, launched a portal today for drivers in the island country to pre-register so that they can use the platform.

Singapore’s Temasek to invest USD400 million in NIIF for boosting infrastructure in India

To boost infrastructure financing in India, Singapore-based Temasek has agreed to invest as much as USD400 million (SGD550 million) in the National Investment Infrastructure Fund (NIIF), a fund created by the Indian government to finance infrastructure in the country.

Singapore’s Temasek purchases stake in India’s ride-hailing company Ola

India’s ride-hailing company Ola is in expansion mode thanks to Singapore’s Temasek purchasing a whopping stake worth USD225 million. It is a major step in Ola’s larger plan to raise USD1 billion in the wake of its expansion strategy.

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