Eyes on Bali: The Government of Singapore Investment Corp, one of Singapore’s two sovereign wealth funds, may invest in a cruise port in Bali, according to The Straits Times on Monday, one of a number of projects across Indonesia it is studying. Tony Tan, deputy chairman of the corporation, whose global asset portfolio has been valued at US$247.5 billion, said Indonesia was targeted because of its “good fundamentals and obvious need for infrastructure investment.”
Happy New year 2011
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