A security guard in protective gear measures visitors’ body temperatures at the entrance to a bank in Guangzhou, China, on February 24, 2020. Photo: EPA A security guard in protective gear measures visitors’ body temperatures at the entrance to a bank in Guangzhou, China, on February 24, 2020. Photo: EPA
A security guard in protective gear measures visitors’ body temperatures at the entrance to a bank in Guangzhou, China, on February 24, 2020. Photo: EPA

Singapore’s state-owned Temasek to freeze pay, cut senior bonuses as coronavirus hits its Chinese investments

  • Senior management have also been asked to voluntarily lower their base salaries by as much as 5 per cent
  • Temasek is heavily invested in China, with about 26 per cent of its holdings there as of March 2019

Topic |   Temasek Holdings
A security guard in protective gear measures visitors’ body temperatures at the entrance to a bank in Guangzhou, China, on February 24, 2020. Photo: EPA A security guard in protective gear measures visitors’ body temperatures at the entrance to a bank in Guangzhou, China, on February 24, 2020. Photo: EPA
A security guard in protective gear measures visitors’ body temperatures at the entrance to a bank in Guangzhou, China, on February 24, 2020. Photo: EPA
READ FULL ARTICLE