Temasek Explained

27 Sep 2024

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Temasek – Purpose beyond profit

As COVID-19 began its march across the globe, the question within Temasek was not if it could help - but how. This decision was driven by the firm’s deep-seated belief that its social licence is just as crucial as its business licence for its continued success.

In this edition of Temasek Explained, we go behind the scenes of the firm’s pandemic response, which saw it become a crucial player in Singapore's fight against the virus. Hear how Temasek tapped its network of partners in Singapore and worldwide for medical essentials from masks and swabs to diagnostic machines, propelled much-needed innovation, and engaged with portfolio companies like Singapore Airlines to navigate the turbulence.

This video was produced in partnership with CNA.

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In 1974, Singapore made a bold decision to separate business from political interests, and established Temasek as a holding company for state-owned enterprises. Episode 1 of Temasek Explained transports you to its early days in the attic of the Fullerton Building, where a small group of officials oversaw a portfolio of 35 companies. This episode explores how those first pivotal years set the stage for Temasek’s eventual transformation into a global investment company.

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