Kum Lan Temasek aims to invest up to US$12 billion in India as China weighs

[Hightech88]

https://www.businesstimes.com.sg/singapore/temasek-aims-invest-us12-billion-india-china-weighs

Temasek aims to invest up to US$12 billion in India as China weighs​

SINGAPORE state investor Temasek plans to invest up to US$12 billion in India over three years in sectors such as financial services and healthcare, a top executive said on Monday (Jul 15), favouring the South Asian nation as it turns cautious on China.

India’s economy is growing sharply and its stock markets are trading near record highs amid an IPO and dealmaking boom. India accounts for 7 per cent of Temasek’s global exposure which it wants to increase further, said Mohit Bhandari, the company’s managing director for India investments.

Temasek had plans a year ago to invest around US$9 billion to US$10 billion in India over three years, but it is increasing that goal to US$10 billion to US$12 billion given the overall economic growth outlook, he added.

“We are bullish in India for the long term,” Bhandari said in an interview at Temasek’s Mumbai office.
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[eatshitndie]

from frying pan to fire.

 

[laksaboy]

'Turns cautious on China'? Should have severed diplomatic tiews with the PRC. Instead, 30-days visa-free travel for the Tiongs, inviting scammers, thieves and spies here.

 

[millim6868]

Lol,70% high n song

 

[searcher1]

We are excluded from 1B1R, also excluded from BRICS
We are left to eat Curry ... what else can we do ?
Those Hotdogs are not coming in enough these days

 

[laksaboy]

We are excluded from 1B1R, also excluded from BRICS
We are left to eat Curry ... what else can we do ?
Those Hotdogs are not coming in enough these days

In case you haven't noticed already, Belt and Road is more or less kaput.

Even Zaobao used to have a dedicated Belt and Road website portal, and was quietly taken offline some years ago.

Lianhe Zaobao and Singapore Business Federation launch 'One Belt, One Road' portal​

MAR 08, 2016
https://www.straitstimes.com/busine...-federation-launches-one-belt-one-road-portal

 

[batman1]

US$12 billion down the drain.555

 

[syed putra]

Soon and Indians can afford some meat to go with the chuputty instead of just dhall. Thank you PAP. The best!

 

[po2wq]

basically tiz wat dey ask 4 in sexchange 4 ceca flooding sinkielan ...

dey shud go all in n get back all their moniz worth ..

 

[shittypore]

12b worth of Cow dung in returned.

 

[mahjongking]

usd 12b is sgd 16.14b.....divided by 3,000,000 local sinkees is sgd 5,380 each.....FUCK PAP