3 ms·
This is quite interesting, a sizeable chunk (roughly 16 out of 90 bil) come from "Investment returns" - I guess the SG government have substantial stakes in bus
by smcl 7y ago
This is quite interesting, a sizeable chunk (roughly 16 out of 90 bil) come from "Investment returns" - I guess the SG government have substantial stakes in businesses operating there?
- kalleboo 7y agoYes, including banking, real estate, telco, public transit, media monopoly, port operations, and Singapore Airlines https://en.wikipedia.org/wiki/Temasek_Holdings https://en.wikipedia.org/wiki/Temasek_Holdings
- AdamGibbins 7y agoSee also https://en.wikipedia.org/wiki/GIC_Private_Limited https://en.wikipedia.org/wiki/GIC_Private_Limited