temasek overview 2020

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We actively supported ground-up initiatives, such as Masks Sewn with Love, where selfless volunteers hand sewed over 250,000 masks for the vulnerable, and the families of frontline workers. huimin@temasek.com.sg, Dawn TAN Do Well, Do Right, Do Good | Incorporated in 1974, Temasek is an investment company headquartered in Singapore. Director, Investor Relations All content is posted anonymously by employees working at Temasek Polytechnic. lenagoh@temasek.com.sg, CHONG Hui Min By supporting each other as cross border teams, we worked to anticipate the shifting needs as the virus raced across the world. Temasek is due to release its annual report for the year ended March 31, 2020 in a few months. Temasek began life questioning its role and purpose. A free inside look at company reviews and salaries posted anonymously by employees. All content is posted anonymously by employees working at Temasek. Monetary and fiscal policies remain expansionary, to help offset the negative impact of the crisis. For more information on Temasek, please visit www.temasek.com.sg, For Temasek Review 2020, please visit www.temasekreview.com.sg. They stepped up and contributed in whatever ways they could. 7 As at 31 March 2020: Equivalent to US$214 billion, at an exchange rate of S$1: US$0.7015; €196 billion, at an exchange rate of S$1: €0.6407; £174 billion, at an exchange rate of S$1: £0.5676; and RMB1.52 trillion, at an exchange rate of S$1: RMB4.9786. 1 As at 31 March 2020: Equivalent to US$214 billion, at an exchange rate of S$1: US$0.7015; €196 billion, at an exchange rate of S$1: €0.6407; £174 billion, at an exchange rate of S$1: £0.5676; and RMB1.52 trillion, at an exchange rate of S$1: RMB4.9786. 76 Temasek reviews. Founded 1974. One-year Total Shareholder Return (TSR) was -2.28%. “We will stay watchful and remain disciplined in our investment approach, as we focus on building a portfolio that will benefit from policy tailwinds and is resilient in the long term.”. Director, Public Affairs It was also clear that we should not allow COVID-19 to be the biggest plastic pollution event. We can succeed only if our community succeeds. In the long run, our ambition is to deliver a net zero emissions portfolio by 2050. The firm invests primarily in privately owned firms in North Asia. Our cash and bank balances, together with our short term investments, were three times our S$15 billion outstanding debt. These were retrofitted with negative pressure systems to facilitate the mass transfer of COVID-exposed passengers to and from testing or community care facilities, while ensuring the safety of the drivers. Alongside our transport partners SMRT Corporation, SBS Transit, Leisure Frontier, engineering firm HOPE Technik, and Sheares Healthcare, we rolled out a fleet of COVID-19 Multi-Passenger Enhanced Transporter (COMET) vehicles. Temasek Review 2020 Highlights Towards T2030 We delivered a carbon neutral Temasek. In Europe, we invested in Danish company Haldor Topsoe, a global leader in high-performance catalysts with a clear focus on electrolysis to enable a green hydrogen economy and Power-to-X2 energy solutions; and BenevolentAI, an AI-enabled drug discovery and development platform. Mr Yeoh Keat Chuan, Senior Managing Director, Enterprise Development Group and Deputy Head, Singapore Projects, noted, “The COVID-19 pandemic has amplified and accelerated the structural trends that guide our investment direction. 8 On 1 April 2018, the Group adopted International Financial Reporting Standards (IFRS) with retrospective application for the year ended 31 March 2018. Our focus on innovation includes building new capabilities in areas such as Artificial Intelligence (AI), Blockchain and Cybersecurity. Neither a sovereign wealth fund, nor an operating conglomerate, Temasek paid taxes and dividends, like any company; and contributed to the community. We look to support research and technology, to help build a sustainable planet for future generations. Our three roles as an Investor, Institution and Steward, as defined in our Temasek Charter, shape our ethos to do well, do right and do good. Before joining Temasek in December 2016, Mr. Hu was chief executive officer of Hong Kong newspaper company South China Morning Post. No details were provided. Temasek also divested S$26 billion in the year to March 2020. Today, the Temasek Business School offers 12 full-time diploma courses in various disciplines. Mr Michael Buchanan, Head, Macro Strategy and Head, Portfolio Strategy & Risk Group, pointed out, “There remain growing concerns around rising geopolitical and trade tensions caused by the US-China strategic rivalry and the impending US presidential election in November. It was relatively casual, although the interviewee needed to know significantly about Temasek and the department they applied for. While the initial recovery pace had been sharper than expected, that has now moderated. During the year, Temasek invested S$32 billion; divested S$26 billion; and ended the year with a resilient balance sheet. The unpredictable paths of COVID-19 and geopolitical issues pose significant uncertainties in the near term. Temasek is an investment company with a net portfolio value of S$306 billion [1] (US$214b, €196b, RMB1.52t) [2] as of 31 March 2020.. Our three roles as … We are a long term investor, institution and steward. We do our share, often with the support of others, and always in partnership with anyone who has willingness and a bold idea or solution. We see downside risks relating to a resurgence of COVID-19 cases and a potential tightening of credit conditions affecting domestic demand growth as fiscal support schemes expire. As the circuit breaker measures were lifted in Singapore, the Back to School and Back to Work initiatives were piloted to ensure a safe transition towards a new COVID normal. Temasek Holdings isn't a traditional company but a sovereign wealth fund -- a government-owned holding company -- with investments in the financial services, telecommunications, media, transportation, real estate, and energy sectors. Our investments for sustainable living included Sunseap, an Asian solar developer based in Singapore. This act of solidarity in the face of adversity is no different from what we had done during past crises, like SARS and the Global Financial Crisis. In 2003, post SARS, we had committed to set aside a portion of our positive Wealth Added returns for community purposes. Glassdoor gives you an inside look at what it's like to work at Temasek Polytechnic, including salaries, reviews, office photos, and more. By continuing to browse our site, you accept the use of cookies. Turn cookies off.Â, Stay informed and keep abreast of the latest news, Grow your career with us and unlock your potential, An active investor, forward looking institution and trusted steward, Delivering sustainable returns for generations to come. We became an official supporter of the recommendations of the Task Force on Climate-related Financial Disclosures, to underscore the importance of understanding climate risks and opportunities. Helmed by pragmatic leaders and staffed by idealistic youngsters, it was a microcosm of a newly independent Singapore. Tel: +65 6828 2560 Since then, the School has grown from strength to strength. Temasek Overview Work here? This represents half the estimated carbon emissions attributable to our portfolio in 2010, and approximately a quarter of the estimated emissions in 2020. The following is a transcript of the Presentation of the 2020 Temasek Review. We have also committed to a longer term ambition of net zero emissions by 2050 for our portfolio. Countries around the world are pacing their transition into a “new normal”, adapting as the situation continues to develop and new waves of infection occur, then recede. Thus, we supported campaigns for reusable DIY masks and #BYOBclean for hand sanitizer collection, to reduce plastic waste. Around blockchain, we collaborated with the Monetary Authority of Singapore and J.P. Morgan to develop a blockchain-based prototype for multi-currency payments. Connect with us on social media: Facebook (Temasek); LinkedIn (Temasek); Twitter (@Temasek); Instagram (@temasekseen); YouTube (TemasekDigital); WhatsApp (+65 9101 0207) and WeChat (temasek_digital). Temasek’s performance overview NOTE: For ˜nancial year ended March 31, 2020 *Distribution based on underlying assets **Mainly cash and cash equivalents, and sub-20% listed assets A free inside look at company reviews and salaries posted anonymously by employees. 2020 2019 2018 2017 2016; Unlisted assets 48: 42: 39: 40: 39: Liquid & sub-20% listed assets Harking back to the 14th century crossroads of Asia, Temasek is an old name for Singapore, a former trading sea town, perhaps a minor kingdom linked to the Chola Dynasty of South India in the 11th century. TSR takes into account all dividends distributed to our shareholder, less any capital injections. Temasek is no different. We actively seek sustainable solutions to address present and future challenges, as we capture investment and other opportunities that help to bring about a better, smarter and more sustainable world. View online. Our three roles as an Investor, Institution and Steward, as defined in our Temasek Charter, shape our ethos to do well, do right and do good. Website www.temasek.com.sg. Glassdoor gives you an inside look at what it's like to work at Temasek, including salaries, reviews, office photos, and more. Season 2 of 20/20: The Temasek Short Film Project presents 4 music videos, each dealing with a different theme—risk, hope, sacrifice and determination—and set against the song "We'll Be Okay", written by actress-singer-songwriter Jean Goh and backed by the haunting vocals of .gif, Joie Tan, Shak'thiya Subramaniamm and Umar Sirhan. 71 Temasek reviews. The corresponding NPVs for other currencies are rounded to the nearest billion, after currency conversion from SGD based on the exchange rate as at 31 March 2020. I interviewed at Temasek (Singapore (Singapore)) in June 2020. Temasek is an investment company with a net portfolio value of S$306 billion as of 31 March 2020. The corresponding NPVs for other currencies are rounded to the nearest billion, after currency conversion from SGD based on the exchange rate as at 31 March 2020. We supported Temasek Foundation and other partners in five focus areas: diagnosis, containment & contact tracing, treatment, protection & prevention, and enablement. We have joined Libra Association, which focuses on developing a blockchain-based payment system to enable the creation of a regulated global network for cost effective retail payments. 6 S$-US$ Exchange Rate as at 31 March of the respective years. Collaboration is the way to go for us to tackle these challenges meaningfully – to work closely with our portfolio companies and the companies in our wider ecosystem, in order to build a better world for this and future generations.”, Mr Lim Boon Heng, Chairman, Temasek Holdings, concluded, “Ultimately, the purpose of enterprises is to offer sustainable solutions for a better world. 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