The technology, financial services and life sciences sectors continued to see significant investment activity. This document was produced by Google, Temasek, Bain and other third parties involved as of the date of writing and are subject to change. The e-Conomy SEA 2020 report by Google, Temasek and Bain & Company, now in its fifth edition, looks into the digital economies of Southeast Asia. Our investment philosophy is anchored around four key themes: Transforming Economies; Growing Middle Income Populations; Deepening … As of 31 March 2020, the net portfolio value or NPV is at S$306 billion. The effects of adoption of IFRS 9 were recognised in the shareholder equity as at 1 April 2018. Our Chairman, Mr Lee Kok Choy, and Principal & CEO, Mr Peter Lam, sat down to reflect on an eventful financial year ending 31 March 2020. Summary Reports (Multiple Languages) Download in English. Financial Year 2017/2018 Annual Report. Mercedes Ruehl / Financial Times: Google, Temasek, and Bain & Company report: investments in Indonesia's tech sector in the first half of 2020 totaled $2.8B, up 55% from the same period in 2019. Menu. Written by Ursula Florene Published on 26 Oct 2020. Enter Techmeme snapshot date and time: Cancel Mediagazer memeorandum WeSmirch. Temasek said in a statement that prior to the onset of the COVID-19 pandemic in the last quarter of the financial year, its net portfolio value had been "growing steadily and trending well". Home River Leaderboards About … November 30, 2020, 4:35 AM . Under the Singapore Companies Act, Chapter 50, Temasek is an exempt private company and is not required to publish its statutory consolidated financial statements. LIM BOON HENG Chairman, Temasek Holdings A promising 2019 was cut short by the arrival of the COVID-19 pandemic in the last quarter of our financial year ended 31 March 2020. Next . You can find out more information here. MAIL. But with commitment, resilience and by working together, we will come through it. We remain vigilant, guided by our mandate, values and investment principles. Jul 02 2020, 9:19 AM Jul 02 2020, 9:39 AM July 02 2020, 9:19 AM July 02 2020, 9:39 AM (Bloomberg) -- Singapore’s state-owned investor Temasek Holdings Pte. Download the Full Report. Temasek Review 2020: Committed, Resilient, Together. Sign in. Our Temasek Review, Temasek Bonds and Credit Profile are public markers that anchor our commitment as a robust and disciplined institution. Singapore’s Temasek Holdings Pte said it will support efforts to find commercial applications for a project that explored the use of blockchain in the financial industry. Regional Report 2020 Temasek Foundation seeks to uncover the unseen gaps, barriers and needs in the community. Our Temasek Charter roles as an investor, institution and steward shape our investment stance, ethos and philosophy, to do well, do right and do good. The framework is outlined in a 75-page report published by the ... beyond capital markets and trade finance. NEWS. Singapore’s state-owned investor Temasek Holdings has made the rare decision to delay its annual report until September, blaming Covid-19 for hampering the global flow of financial information. In accordance with the well-established International Financial Reporting Standards, the Group Financials for Temasek are a consolidation of financial information of Temasek and its operating subsidiaries, such as PSA, Singapore Airlines, Singtel, ST Engineering, etc. However, Temasek does not disclose disclose its management costs like Norway’s sovereign wealth fund (SWF) does. LOGIN. S$240b S$ 0 b. The financing could reach about USD 350 million, which is short of Tokopedia’s initial goal of USD 500 million to USD 1 billion. Management is responsible for the preparation and presentation of the Group Financial Summary for … They also touch on TP’s early responses during the onset of the novel coronavirus, COVID-19. CEO Letter “We have been preparing for a challenging investment environment for some time and our defensive position has helped in navigating the current turmoil. This included the adoption of IFRS 9: Financial Instruments in 2018 Changes in accounting policies as a result of IFRS 1 and IFRS 15 were applied retrospectively to the Group financial statements for the year ended 31 March 2018. After some truly heroic number crunching, we determine that Temasek's market cap for its financial services investments in March 2020 stands at S$51.09 billion. Temasek CEO Ho Ching said in July that the company could be worth as much as $215 billion, which is lower than last year’s valuation over the same time period, and the first drop since 2016. LIFE. Singapore's convergence with IFRS. 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