Against this backdrop, Singapore will have to get its own way forth, he said. Through local and international forums, this means remaining opened and pushing for complimentary flows of industry and investments.  ,
We want Singapore to get their choice partner, “importantly, as countries and companies outside seem to diversify their risks and broaden their range of partners. We want to act as a trustworthy and trustworthy base from which they can operate, said Mr. Wong.
Using a fund comparison where professionals are always looking for “alpha” or the extra advantage that drives higher returns, Mr Wong said Singapore’s “greatest supply of alpha” lies in its reputation for respect, dignity and reliability.
” These features are a special source of competitive advantage… and it’s very difficult for others to recreate. I believe what’s real for Singapore applies to Temasek”, he said.
Yet as Temasek embarks on its second phase of transformation, these values , – ranging from an adherence to excellent standards and values, an ability to think long-term, grow with proper discipline and to add to the Singapore brand of quality, reliability, discipline and integrity - ,” cannot and must never change”, said Mr Wong.
These qualities make Temasek a well-known brand, and these qualities will help him maintain his value and reputation as a long-term partner.
Mr. Wong also touched on Temasek’s belief that “doing well, doing right, and doing good” in his speech.
Balancing and achieving all of these multiple goals is challenging, he said. Temasek and its portfolio companies ‘ ability to accomplish their goals depends a lot on their leadership and workforce.
He then expressed his gratitude to all the board members who have and continue to serve on Temasek’s behalf.
At the anniversary dinner, former chairmen Mr. Y Pillay and Mr. S. Dhanabalan were among those who were present.  ,” They gave their hearts and minds, and their sweat and tears to build what we have today … We owe them all a great debt of gratitude”, said Mr Wong.
The prime minister , noted that the government “has been careful not to have any role or influence in Temasek’s investment’s decisions”. Instead, its approach “has been to hold the board accountable for Temasek’s performance” . ,
” But this approach has been made possible only because we have board members who are committed and capable, and who can be trusted to work with the management to protect what we have inherited from Temasek, build on it, and pass it on to new generations in better shape than we started,” he said.
In closing, he said:” Tonight, I would like to put on record my appreciation to everyone in Temasek and the portfolio companies. Over the past five decades, we appreciate your numerous contributions.
I want to say a big” thank you” to everyone who has contributed to Temasek and the wider Temasek family, both past and present.
Temasek, which celebrates its 50th anniversary this year, has marked 2024 with initiatives such as the set-up of a S$ 150 million fund for skills training and talent development in Singapore.
It announced at the anniversary dinner that it would set aside$ 100 million as a concessional capital for climate change to help raise money for less-than-bankable projects.
It also launched a commemorative book- titled” By Generations, For Generations: Fifty Years of Temasek As Told By The People Who Shaped It’ ‘ – that chronicles key events and milestones of the firm over the past 50 years.