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E-Conomy SEA Is a Multi-Year Research Program Launched by Google and Temasek in 2016
1 2 Reference e-Conomy SEA is a multi-year research program launched by Google and Temasek in 2016. Bain & Company joined the program as lead research partnerin 2019. The research leverages Bain analysis, Google Trends, Temasek research, industry sources and expert interviews to shed light on the interneteconomy in Southeast Asia. The information included in this report is sourced as “Google, Temasek and Bain, e-Conomy SEA 2020” except from third parties specified otherwise. Disclaimer The information in this report is provided on an “as is” basis. This document was produced by Google, Temasek, Bain and other third parties involved as of the date of writing and are subject to change. It has been prepared solely for information purposes over a limited time period to provide a perspective on the market. Projected market and financial information, analyses and conclusions contained herein should not be construed as definitive forecasts or guarantees of future performance or results. Google, Temasek, Bain or any of their affiliates or any third party involved makes no representation or warranty, either expressed or implied, as to the accuracy or completeness of the information in the report and shall not be liable for any loss arising from the use hereof. Google does not endorse any of the financial analysis in this report. Google internal data was not used in the development of this report. 3 5th edition of e-Conomy SEA by Google, Temasek, Bain Southeast Asia’s Internet economy research program 2016 2017 2018 2019 2020 e-Conomy SEA e-Conomy -
Our Journey Has Just Begun
Temasek Review 2014 Review Temasek Our journey has just begun Temasek Review 2014 Our journey has just begun Cover: Sherlyn Lim on an outing with her sons, Amos and Dean, on Sentosa Island, Singapore. Our journey has just begun The world is fast changing around us. Populations urbanise, and life expectancies continue to rise. We are entering a new digital age – machines are increasingly smarter, and people ever more connected. Change brings unprecedented challenges – competing demands for finite resources, safe food and clean water; health care for an ageing population. Challenges spawn novel solutions – personalised medicine, digital currencies, and more. As investor, institution and steward, Temasek is ready to embrace the future with all that it brings. With each step, we forge a new path. At 40, our journey has just begun. TR2014_version_28 12.00pm 26 June 2014 Contents The Temasek Charter 4 Ten-year Performance Overview 6 Portfolio Highlights 8 From Our Chairman 10 Investor 16 Value since Inception 18 Total Shareholder Return 19 Investment Philosophy 20 Year in Review 24 Looking Ahead 26 Managing Risk 28 Institution 34 Our MERITT Values 36 Public Markers 37 Our Temasek Heartbeat 38 Financing Framework 42 Wealth Added 44 Remuneration Philosophy 45 Seeding Future Enterprises 48 Board of Directors 50 Senior Management 57 2 Temasek Review 2014 Contents Steward 60 Trusted Steward 62 Fostering Stewardship and Governance 67 Social Endowments & Community Engagement 68 Touching Lives 72 From Ideas to Solutions 74 Engaging Friends 75 Temasek International Panel 76 Temasek Advisory Panel 77 Group Financial Summary 78 Statement by Auditors 80 Statement by Directors 81 Group Financial Highlights 82 Group Income Statements 84 Group Balance Sheets 85 Group Cash Flow Statements 86 Group Statements of Changes in Equity 87 Major Investments 88 Contact Information 98 Temasek Portfolio at Inception 100 Explore Temasek Review 2014 at www.temasekreview.com.sg or scan the QR code 3 TR2014_version_28 12.00pm 26 June 2014 A journey of a thousand miles begins with a single step. -
Tareqat Alawiyah As an Islamic Ritual Within Hadhrami's Arab in Johor
Middle-East Journal of Scientific Research 14 (12): 1708-1715, 2013 ISSN 1990-9233 © IDOSI Publications, 2013 DOI: 10.5829/idosi.mejsr.2013.14.12.3564 Tareqat Alawiyah as an Islamic Ritual Within Hadhrami’s Arab in Johor Nurulwahidah Fauzi, Tarek Ladjal, Tatiana A. Denisova, Mohd Roslan Mohd Nor and Aizan Ali Mat Zin Department of Islamic History and Civilization, Academy of Islamic Studies, University Malaya, 50603 Kuala Lumpur, Malaysia INTRODUCTION Abdul Majid was furthermore a descendant of Sayid Idrus and was appointed as the Prime Minister of the Sultanate The state of Johor Darul Takzim is deemed to be one of Johor Lama from 1688-1697 [5]. Other official data of the most unique states in Malaysia. The uniqueness of regarding the population of Arab communities; especially the state is reflected in its historical roots where the state with regards to the Hadrami Arabs cannot be accurately was ruled across two different eras of the Sultanate. In the determined as Johor was under the control of the first era first era, the state was controlled under the Sultanate of of Sultanate with exception to a few historical chronicles Johor-Riau (1511-1685) which is also known as Johor as mentioned above. The reason for this is mainly Lama [1-3] where the administrative centre was located at because during such a time Johor was still passing Tanjung Batu. The second era shows the birth of the through a demanding stage requiring it to defend its Modern Johor Sultanate known as Johor Baru from 1686 freedom from threats stemming from the Portuguese and until today. -
Singapore Archaeology Level 1 Permanent Galleries Trade and Maritime Silk Route
Large Print Guide Singapore Archaeology Level 1 Permanent Galleries Trade and Maritime Silk Route 0 Floorplan of Gallery and User Guide TP B CA AB C B CB AA D E F I H 1 How to read display case and floorplans AA.1 find object label text, match AA.1 to AA.1, then AA.2 to AA.2 and so on. AA.1 Celadon fragments China, Longquan kilns, 14th century Excavated from Empress Place Stoneware 2 How to read text panels & floorplans TP TP To find text panel, match TP to TP TP Trade and profit in ancient Singapore Singapore lies on the tip of the Malay Peninsula, at the entrance to the Straits of Malacca. 3 TP 4 TP Trade and profit in ancient Singapore Singapore lies on the tip of the Malay Peninsula, at the entrance to the Straits of Malacca. Such a pivotal position between East and West led to the flourishing of a port beginning in the 13th century. At different times China allowed or prevented overseas trade. Periods of long-distance shipping in the 9th and 11th centuries were followed by periods when the ports were closed. In the 13th century, Chinese merchants began arriving in Singapore to buy wood, cotton, and hornbill casques. In return they sold ceramics and foodstuffs. Temasek, a bustling port of the 14th century Ancient Singapore was called Temasek, which means “sea port” in Old Javanese. Founded in 5 the late 13th century, it flourished in the following century, in part because China’s Yuan dynasty encouraged overseas shipping. -
George Yeo, Minister
National Archives of Release No.: 23/NOV 03B-l/94/11/09 SPEECH BY BG (NS) GEORGE YEO, MINISTER (INFORMATION AND THE ARTS) AND (HEALTH), AT THE OPENING OF THE LEGACY OF MAJAPAHIT AT THE NATIONAL MUSEUM ON WEDNESDAY, 9 NOVEMBER 1994 AT 6.00 PM To many Singaporeans, Majapahit is an ancient empire we read of only in the pages of a history textbook. The Kingdom of Majapahit ruled by Hindu Kings was the largest empire ever established in Southeast Asia from the 13th century to the 16th century. It was founded in East Java in 1294, exactly 700 years at the end of Kublai Khan's invasion. In the 14th century, Majapahit became a great centre of power in the entire Malay Archipelago. Its sway spread over much Administratively the empire was loosely bound by tribute paid in products and services to the centre by small states in the region including old Singapore, then known as Temasek. In the 15th century it was gradually torn apart by civil war. The trading ports of Java's north coast, where Islam was becoming popular, came into conflict with the traditional centre of power in the rice-growing interior. Majapahit authority in the Malacca Straits was increasingly contested by an emergent Malacca. By the time the Portuguese conquered Malacca in 1511, only a shell was left of Majapahit. Through archaeology and historical writings, we know that Majapahit had a major influence on the politics and culture of old Singapore. Both the 14th Century poem, Nagarakertagama and the 17th century Pararaton (Book of Kings) mentioned Temasek as part of the Majapahit empire. -
International Seminar for UNESCO Integral Study of the Silk Roads: Roads of Dialogue: “Manila As an Entrepot in the Trans-Pacific Commerce”
International Seminar for UNESCO Integral Study of the Silk Roads: Roads of Dialogue: “Manila as an entrepot in the trans-pacific commerce”. 5-6, February, 1991. Manila, The Philippines. Twentieth Century Trengganu: The Royal Birth-Marks of the Melakan Empire Shaharil Talib The picture-book Trengganu Sultanate facing the South China Sea experienced overwhelming change in the last quarter of the twentieth century. Its leap into the global industrial economy was spectacular with the discovery of off-shore oil and gas in the 1970s. Massive infra-structure building in recent decades linked this flood-prone Sultanate of 14 river systems with major ports, commercial and administrative centres of east and west coast Peninsular Malaysia. Equally important advances were made in the agriculture sector. Although production capital arrived in the late nineteenth century1, in 1964 only 20,000 acres were committed to plantation agriculture. Ten years later it grew phenomenally to bring under cultivation a further 210,000 acres and this expansion continued to spiral in the next decade, spearheaded by the massive Trengganu Tengah Development Scheme.2 Standing back from these breath-taking changes, there is yet another unheralded discovery that awaits announcement to the world. The twentieth century Sultanate of Trengganu is the successor of the grand traditions of 15th century Melaka. The cultural heritage of the Melakan trading diaspora never floundered in the marsh-lands of Johor as was made out by leading colonial scholars such as Sir R.O. Winstedt. Indeed, it was only five years ago that an unknown Trengganu Tuhfat al-Nafis (The Precious Gift) manuscript surfaced, which dramatically altered previous interpretations of Malaysian history.3 The discovery of the manuscript placed the Sultanate of Trengganu as the successor of Melaka - the 15th century emporia of the silk route in scholar’s attention to the regal traditions of twentieth century Trengganu Sultanate, which distinctly bore the four hundred year-old Royal birth-marks of Melaka. -
Case Concerning Sovereignty Over Pedra Branca/Pulau Batu Puteh, Middle Rocks and South Ledge (Malaysia/Singapore)
INTERNATIONAL COURT OF JUSTICE REPORTS OF JUDGMENTS, ADVISORY OPINIONS AND ORDERS CASE CONCERNING SOVEREIGNTY OVER PEDRA BRANCA/PULAU BATU PUTEH, MIDDLE ROCKS AND SOUTH LEDGE (MALAYSIA/SINGAPORE) JUDGMENT OF 23 MAY 2008 2008 COUR INTERNATIONALE DE JUSTICE RECUEIL DES ARRE|TS, AVIS CONSULTATIFS ET ORDONNANCES AFFAIRE RELATIVE Av LA SOUVERAINETÉ SUR PEDRA BRANCA/PULAU BATU PUTEH, MIDDLE ROCKS ET SOUTH LEDGE (MALAISIE/SINGAPOUR) ARRE|T DU 23 MAI 2008 Official citation: Sovereignty over Pedra Branca/Pulau Batu Puteh, Middle Rocks and South Ledge (Malaysia/Singapore), Judgment, I.C.J. Reports 2008,p.12 Mode officiel de citation: Souveraineté sur Pedra Branca/Pulau Batu Puteh, Middle Rocks et South Ledge (Malaisie/Singapour), arrêt, C.I.J. Recueil 2008,p.12 Sales number ISSN 0074-4441 No de vente: 937 ISBN 978-92-1-071046-6 23 MAY 2008 JUDGMENT SOVEREIGNTY OVER PEDRA BRANCA/ PULAU BATU PUTEH, MIDDLE ROCKS AND SOUTH LEDGE (MALAYSIA/SINGAPORE) SOUVERAINETÉ SUR PEDRA BRANCA/ PULAU BATU PUTEH, MIDDLE ROCKS ET SOUTH LEDGE (MALAISIE/SINGAPOUR) 23 MAI 2008 ARRE|T 12 TABLE OF CONTENTS Paragraphs 1. CHRONOLOGY OF THE PROCEDURE 1-15 2. GEOGRAPHICAL LOCATION AND CHARACTERISTICS 16-19 3. GENERAL HISTORICAL BACKGROUND 20-29 4. HISTORY OF THE DISPUTE 30-36 5. SOVEREIGNTY OVER PEDRA BRANCA/PULAU BATU PUTEH 37-277 5.1. Arguments of the Parties 37-42 5.2. The question of the burden of proof 43-45 5.3. Legal status of Pedra Branca/Pulau Batu Puteh before the 1840s 46-117 5.3.1. Original title to Pedra Branca/Pulau Batu Puteh 46-80 5.3.2. -
SINGAPORE AS a NINETEENTH CENTURY MIGRATION NODE Carl
SINGAPORE AS A NINETEENTH CENTURY MIGRATION NODE Carl A. Trocki This essay looks at the emergence of Singapore as a key migration node for Chinese. In addition to being a major destination for Chinese leaving China during the nineteenth century, Singapore itself became a major staging area for further Chinese migrations, both labor and other wise. The first aim of this paper is to look at the port’s function as a labor market. In addition to acting as an entrepot for goods, it was also an entrepot for labor—importing “coolies” from China and exporting them to other destinations both in the Archipelago and the western parts of Southeast Asia, and also to points beyond such as Western Australia, Mauritius, etc. In addition to Singapore, the other Straits Settlements of Penang and Malacca, to some extent, had acquired a similar function. Nevertheless, Singapore emerged as the main migration node in the region feeding the flow of humanity to the other two settlements as well as the rest of the region. The second aim is to examine the other migratory stream that flowed out of Singapore: that of the “Baba” or Straits-born Chinese. They rep- resented the opposite end of the social and economic scale from the coolies. Born in Singapore or the other Straits Settlements, they were generally from the well-established, often well-to-do families that had already found a measure of success in the Singapore economy. Many even traced their roots back to Malacca and Java where their ancestors had lived since as early as the seventeenth century. -
Integration of Mobile Devices and Conventional Mapping to Investigate Place Identity in Muar, Malaysia
86 Full Paper Mapping of Public Places: Integration of Mobile Devices and Conventional Mapping to Investigate Place Identity in Muar, Malaysia Muhamad Bin Rosley1, Eckart Lange2, Kevin Thwaites1 1Department of Landscape, University of Sheffield, UK 2Department of Landscape, University of Sheffield, UK · [email protected] Abstract: Advancement in technology provides new opportunities for mapping. Human factors need to be considered when implementing this advanced technology, mainly in the context of humans’ per- ceptions and engagement. A combination of digital technology and conventional approaches offers possibilities to cater for different group of participants. This paper aims to highlight the roles of map- ping technique as a tool to empower residents in identifying spaces that they believed to portray their local identity in Muar, the royal town of Johor. During the investigation of place identity in Muar, 150 participants were given choices to elicit their preferences by sketching polygons either via online soft- ware on an IPad or an A3 sized printed map. They were asked to identify places that located within the targeted area by referring to a provided list of 15 landscape features. The results were then processed using GIS in order to show spaces and places that are significant and contribute to the identity of place in Muar, as a modern royal town of Johor Sultanate, Malaysia. Keywords: Place mapping, mobile devices, GIS, place identity 1 Introduction Human has regarded map as a very powerful tool to demonstrate power, military strategy, the sovereignty of nations and claiming over one another resources (PÁNEK & VLOK 2013). From these political intentions, the use of maps changed tremendously to cater more common and practical aspects of human beings. -
Balancing Shipping and the Protection of the Marine Environment of Straits
University of Wollongong Research Online University of Wollongong Thesis Collection University of Wollongong Thesis Collections 2012 Balancing shipping and the protection of the marine environment of straits used for international navigation: a study of the straits of Malacca and Singapore Mohd Hazmi Bin Mohd Rusli University of Wollongong Recommended Citation Mohd Rusli, Mohd Hazmi Bin, Balancing shipping and the protection of the marine environment of straits used for international navigation: a study of the straits of Malacca and Singapore, Doctor of Philosophy thesis, Australian National Centre for Ocean Resources and Security, University of Wollongong, 2012. http://ro.uow.edu.au/theses/3511 Research Online is the open access institutional repository for the University of Wollongong. For further information contact Manager Repository Services: [email protected]. Balancing Shipping and the Protection of the Marine Environment of Straits Used for International Navigation: A Study of the Straits of Malacca and Singapore. A thesis submitted in fulfilment of the requirements for the award of the degree DOCTOR OF PHILOSOPHY from the UNIVERSITY OF WOLLONGONG By MOHD HAZMI BIN MOHD RUSLI LLB_HONS (IIUM, Malaysia) MCL (IIUM, Malaysia) DSLP (IIUM, Malaysia) Australian National Centre for Ocean Resources and Security 2012 CERTIFICATION I, Mohd Hazmi bin Mohd Rusli, declare this thesis, submitted in fulfillment of the requirements for the award of Doctor of Philosophy, in the Australian National Centre for Ocean Resources and Security, University of Wollongong, is wholly my own work unless otherwise referenced or acknowledged. This document has not been submitted for qualifications at any other academic institution. Mohd Hazmi bin Mohd Rusli 14 February 2012 i ABSTRACT The importance of the Straits of Malacca and Singapore for the global shipping industry and world trade can’t be underestimated. -
Piracy and Political Economy in Malaya, 1824- 1874
ABSTRACT A COVERT WAR AT SEA: PIRACY AND POLITICAL ECONOMY IN MALAYA, 1824- 1874 Scott C. Abel, PhD Department of History Northern Illinois University, 2016 Eric A. Jones, Director Piracy around the Malay Peninsula during the 19th century was extraordinarily prevalent and resulted in the death and loss of liberty for an untold number of people. This dissertation examines the connections between the piracy of this era and the political economies of the Straits Settlements and the Malay states in the region. Malays pirates often had the support of local rulers who required the goods and slaves brought back by pirates to reinforce their own political and socio-economic positions. The piratical system supported by the rulers was a component of the overall Malay economic system known as kerajaan economics, which helped maintain the status quo for Malay states. This system came under threat once Great Britain and the Netherlands worked to suppress piracy in the region and helped persuade the Malay elite to phase out state-sanctioned piracy. Some people living in Malaya took advantage of the characteristics of British and Malay political economies to engage in acts of piracy regardless of the policies of the British and Malay governments. This study of piracy enables us to understand better the experiences of people of various backgrounds living in 19th-century Malaya, along with how piracy influenced their worldviews. NORTHERN ILLINOIS UNIVERSITY DE KALB, ILLINOIS DECEMBER 2016 A COVERT WAR AT SEA: PIRACY AND POLITICAL ECONOMY IN MALAYA, 1824-1874 BY SCOTT C. ABEL © 2016 Scott Abel A DISSERTATION SUBMITTED TO THE GRADUATE SCHOOL IN PARTIAL FULFILLMENT OF THE REQUIREMENTS FOR THE DEGREE DOCTOR OF PHILOSOPHY DEPARTMENT OF HISTORY Doctoral Director: Eric A. -
Temasek Overview 2019 Today, Our World Faces Its Most Urgent Crisis
Temasek Overview 2019 Today, our world faces its most urgent crisis. Look at the melting polar ice caps, weather extremes, floods and droughts. Think what it means if we let our planet go past the tipping point of 1.5 degrees Celsius – we are already one degree warmer, and will soon hit half a degree more if we do nothing. Act boldly and purposefully to reduce pollution and waste, and halve our carbon emissions by 2030. Temasek stands ready to invest for a cooler, better world – one that is more sustainable for people, lives and livelihoods. Let’s do well, do right, do good. Now, together… before it’s too late. The Temasek Charter An active investor A forward looking A trusted and shareholder institution steward We deliver We act with integrity We strive for the sustainable value and are committed advancement of over the long term to the pursuit our communities of excellence across generations ell w o D D o r i g h D t Explore Temasek Review 2019 at o temasekreview.com.sg or scan the QR code go od Enjoying the lush greenery at Punggol Waterway Park. Contents Ten ‑ year Performance Overview 4 Institution 24 Portfolio Highlights 5 A Forward Looking Institution 26 From Our Chairman 6 Our People and Values 27 The DNA of Temasek 10 Our Temasek Heartbeat 28 Changes in Accounting Standards 12 Financial Discipline 30 Investor 14 Public Markers 31 How We Invest 16 Credit Quality 32 How We Grew 17 Instilling Ownership 34 Investment Update 18 Steward 36 How We Manage Risks 20 A Trusted Steward 38 12 ‑ monthReturnsOutlook 21 Sustaining Our Planet 40 20 ‑ yearReturnsOutlook 22 Enabling a Better World 42 Making a Difference 44 Group Financial Summary 46 Major Investments at a Glance 54 Our Contact Points 56 Ten‑yearPerformanceOverview We ended the year with a net portfolio value of S$313 billion1.