Friday, 4 November 2011
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AFP
SINGAPORE — East Timor is mulling an investment firm based on Singapore's Temasek Holdings to invest part of the country's billions of dollars in petroleum revenues, President Jose Ramos-Horta said Friday.
He said East Timor can use the money not only to build roads and other infrastructure but also to buy strategic assets overseas in such sectors as telecommunications, property and renewable energy. Full story
East Timor mulls Temasek-style investment firm
AFPSINGAPORE — East Timor is mulling an investment firm based on Singapore's Temasek Holdings to invest part of the country's billions of dollars in petroleum revenues, President Jose Ramos-Horta said Friday.
He said East Timor can use the money not only to build roads and other infrastructure but also to buy strategic assets overseas in such sectors as telecommunications, property and renewable energy. Full story
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