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Temasek Boulevard
Temasek (also spelt Temasik) is an early recorded name of a settlement on the site of modern Singapore. The name appears in early Malay and Javanese literature, and it is also recorded in Yuan and Ming Chinese documents as ''Danmaxi'' ( or ). Two distinct settlements were recorded in Temasek – Long Ya Men and Ban Zu. The name is used in modern-day Singapore for national honours as well as institutions and corporations. Name The origin of the name Temasek is uncertain, but it has been proposed that it was derived from the Malay word ''tasik'' meaning "lake" or "sea", and may mean here "place surrounded by the sea", or Sea Town. Another suggestion is that it may be a reference to a king of Srivijaya, Maharaja ''Tan ma sa na ho''. The name appears as ''Tumasik'' in the Old Javanese epic poem written in 1365, Nagarakretagama, which basically the word ''tasik'' "sea" infixed by ''-um-'' (active verb infix). The name is also mentioned twice in the ''Malay Annals'', and refe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sovereign Wealth Fund
A sovereign wealth fund (SWF), sovereign investment fund, or social wealth fund is a state-owned investment fund that invests in real and financial assets such as stocks, bonds, real estate, precious metals, or in alternative investments such as private equity fund or hedge funds. Sovereign wealth funds invest globally. Most SWFs are funded by revenues from commodity exports or from foreign-exchange reserves held by the central bank. Some sovereign wealth funds may be held by a central bank, which accumulates the funds in the course of its management of a nation's banking system; this type of fund is usually of major economic and fiscal importance. Other sovereign wealth funds are simply the state savings that are invested by various entities for the purposes of investment return, and that may not have a significant role in fiscal management. The accumulated funds may have their origin in, or may represent, foreign currency deposits, gold, special drawing rights (SDRs) and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
