An Update On Temasek (from “Looking Pretty”)

Temasek recoups its losses.

I still stand by my previous post “Looking Pretty” that the PR was badly crafted. I would not be so quick to forget the bad PR, though financially Temasek has made progress from its earlier >SGD$40bn loss. It is still not their money, and it is up to them to be honest about what they are doing with it and why, and show that they take responsibility when things go wrong as opposed to the evasive PR that came up after that debacle – I think that is pretty fair, if they also want to be patted on their backs when they make good yields on their investments.