The value of the clear Temasek wallet increases, and the disposal processes are higher than two decades star-news.press/wp

The value of the Temasek Holdings portfolio in Singapore to a A record number of 434 billion Singapore (324 billion dollars) Its financial year ended in March.

This has increased 45 billion Singaporean dollars since last year, by more than 11 % on an annual basis.

The company has greatly attributed the strong performance of its companies listed in Singapore, as well as direct investments in China, the United States and India.

Temasek is a major shareholder in Singapore companies such as DBS, Capitaland and Singapore Airlines.

On the basis of the market, the value of the net Temasek portfolio will be $ 469 billion, with a value of $ 35 billion in a Singaporean dollar from its non -listed portfolio.

The company said it was a “re -balance” its wallet actively “in the environment of the variable macroeconomic”, which makes 52 billion dollars of investments and investments of $ 42 billion in Singapore during its financial year.

This is the largest investment amount since 2022, and the largest investment amount In more than two decades.

“Part of the matter was just trying to reshape our wallet in the direction we wanted to be in the next few years, to be more flexible in the environment in which we are.”

Timassic said that geopolitical tensions are still a major risk, which will weaken global growth, adding that “despite the increased commercial certainty and geopolitical doubts, we continue to hold a look based on investment opportunities.”

It is worth noting that the company said that the United States is still a major investment destination, adding that it is the largest destination for its capital, thanks to the basics of its strong business, deep capital markets and the culture of accelerated innovation.

“We see luminous points like the global level of US capabilities in artificial intelligence, which will have a transformative effect in all sectors.”

Temasek also believes that the risks about migration, definitions and financial emphasis have probably reached its climax, but said that it is still “monitoring” when it comes to future tariff developments.

While the company did not provide accurate numbers to allocate its wallet in the United States, 24 % of its exposure to the main country is for the Americas, up from 22 % in the previous year.

Temasek slightly increased its exposure to India to 8 % of its wallet, up from 7 %.

On the other hand, exposure to China, Asia and the Pacific region decreased slightly, by 1 % for each of them, as it was exposed to Europe, the Middle East and Africa.

The company said that the goal of growth in China “may be a challenge” to achieve it, given global tensions and trade doubts.

“The most soft consumption may keep inflation defeated,” Timazic also said. The prices of producers in China were in the shrinkage area, with the prices of the last producers 3.6 % decrease in June A year ago, it has put its largest decline for nearly two years.

The country’s consumer price index increased by 0.1 % in June a year ago, according to it Data from the National Office for Statistics Wednesday.

However, the government investment company sees “positive signs” such as stronger government spending and consumption support, and has also expressed its belief in China’s long -term prospects.

“We see opportunities in innovations in the green economy and life sciences, as well as in the pioneer in local brands that are still detracting and growing in a flexible manner,” said Timasic.

Clarification: This article has been updated to better reflect Temasek’s view of China’s enlargement and country growth expectations.