Office workers walk past Singapore state-linked investment firm Temasek Holdings sign. File photo: AFP
Office workers walk past Singapore state-linked investment firm Temasek Holdings sign. File photo: AFP
Singapore

Temasek suffered ‘reputational damage’ over FTX losses, conducting internal review: Singapore DPM Lawrence Wong

  • Temasek’s US$275 million investment in FTX invited criticism given its status as a state-owned entity that contributes to Singapore’s annual revenue
  • Meanwhile, Deputy PM Wong says Singapore has no aspirations to become a crypto hub and seeks to be a ‘responsible and innovative digital asset player’

Office workers walk past Singapore state-linked investment firm Temasek Holdings sign. File photo: AFP
Office workers walk past Singapore state-linked investment firm Temasek Holdings sign. File photo: AFP
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