SPEAKER ROMUALDEZ WITH LIM BOON HENG
Speaker Ferdinand Martin G. Romualdez shakes hands with Lim Boon Heng, chairman of Singapore state investment firm Temasek Holdings when they met during the sidelines of a World Economic Forum event Tuesday morning (Switzerlane time) in Davos. Founded in 1974, Temasek Holdings operates 11 offices worldwide. Its corporate arm is focused on investments and its portfolio. Temasek has a net portfolio of US$287 billion as of 2023, with S$27 billion divested and S$31 billion invested during the year. The Philippine delegation to the WEF 2024 annual meet, led by Romualdez, aims to bag more foreign investments, particularly through the Maharlika Investment Fund. Romualdez earlier said engagements with top sovereign fund managers at the WEF would provide insights into their best practices which could help ensure the long-term growth and sustainability of our own MIF.
