Singapore's Innovative Approach to Car Permits Fuels Wealth Fund Surplus

In a groundbreaking shift regarding its vehicle ownership regulations, Singapore has implemented a system that successfully marries the control of car permits with the country's renowned sovereign wealth funds. This unique approach has not only enhanced the management of traffic congestion but has also resulted in a substantial increase in surplus revenues for its state-owned investment entities.

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Australia's Wealth Fund Seeks to Modify Investment Mandate Amid Economic Pressures

Recent documents have revealed that Australia's sovereign wealth fund is actively pursuing changes to its investment strategy in response to mounting economic pressures. This revelation comes at a crucial time when funds are facing challenges related to market volatility and shifting economic landscapes.

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