[Blasterlord2]

To answer your questions,
It is not meaningful to reveal the reasons to all these queries as overall profitability & long term sustainable growth are what matter for Singapore & stackholders. And Temasek Net Portfolio Value since Inception have grow from few millions to 403 Billions. Thus, what is the point behind the question? First, have Temasek incurred net loss in overall or seeing declining growth? the answer is a resounding no. These are proofs that we are doing right for Singapore.

If TH is earning so much money then why couldn't it use some of that money to offset "financial gaps" and so the govt does not have to resort to GST increase. What's the use of the profits if they couldn't help Singaporeans? It doesn't make sense.