Constitutional Change Passes, Temasek to Share More Income with Government
Posted on 07/14/2015
Earlier this year, the Singapore government announced publicly their plans to include Temasek Holdings as a contributor to its Net Investment Returns (NIR) framework. This would essentially transfer more of Temasek’s income into the state’s coffers. The Singapore government is augmenting spending on social and infrastructure development and programs. In 2009, the NIR framework was […]
