One impact of the pandemic is how it has accelerated the trend of digitalisation in how people work, spend and play. This big trend has also guided Singapore’s Temasek Holdings in its investments.
“When you look at what happened during Covid-19 last year, all of us working from home, what does it mean? It means that digitisation and... payments have become a very, very prevalent area,” says Nagi Hamiyeh, joint head of Temasek’s investment group, and head of portfolio development. “E-commerce has been a very, very important area,” says Hamiyeh at the July 13 release of Temasek’s annual review for FY2021 ended March 31.
The pandemic, according to Singapore’s state investment firm, has “refreshed” its views on four global, structural trends: digitisation, sustainable living, future of consumption, and longer lifespans.