temasek-ceo-speaks-about-investing-in-asia

Temasek CEO speaks about investing in Asia

Ho Ching also notes that a potential rise of protectionism in the US is a concern for Asia.
November 14, 2006
TemasekÆs decision to start investing directly in Asia four to five years ago was taken after seeing the emergence of similar market reforms and changes in the region that had made its investments in Singapore so successful, the head of the Singapore investment company said yesterday.

In the 20 years after Temasek Holdings was formed in 1974 as an investment arm of the Singapore government, the key reforms in the island-state included the opening up of its markets and a resolve to have financial discipline.

ôThe government also welcomed foreign direct investment at a time when this was branded as æeconomic colonialismÆ and as a result Singapore grew, Temasek executive director and CEO Ho Ching...
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