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How pay packages of top brass at GIC, Temasek are determined

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The pay packages of the top brass at sovereign wealth fund GIC and state investment firm Temasek Holdings are based on performance and industry benchmarks, Second Finance Minister Lawrence Wong said in Parliament on Wednesday.

Singapore

THE pay packages of the top brass at sovereign wealth fund GIC and state investment firm Temasek Holdings are based on performance and industry benchmarks, Second Finance Minister Lawrence Wong said in Parliament on Wednesday.

"The government maintains an arms-length...

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