Singapore PM Lee to Hand Reins to Deputy Wong Next Month

Bloomberg04-15

Singapore Prime Minister Lee Hsien Loong, 72, will step down May 15 as part of a long-planned succession, ending a two-decade run and ushering in a new era led by his deputy Lawrence Wong.Deputy Prime...

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Success88
04-15
Success88
It time to handover and time for elections soon. Still another 10year nothing gonna change. The white party still hold the power.

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Still another 10year nothing gonna change. The white party still&nbsp;hold the power.&nbsp;","text":"It time to handover and time for elections soon. Still another 10year nothing gonna change. The white party still hold the power.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/295564899360896","repostId":1120429650,"repostType":4,"repost":{"id":"1120429650","pubTimestamp":1713168951,"share":"https://www.laohu8.com/m/news/1120429650?lang=&edition=full","pubTime":"2024-04-15 16:15","market":"sg","language":"en","title":"Singapore PM Lee to Hand Reins to Deputy Wong Next Month","url":"https://stock-news.laohu8.com/highlight/detail?id=1120429650","media":"Bloomberg","summary":"Singapore Prime Minister Lee Hsien Loong, 72, will step down May 15 as part of a long-planned succession, ending a two-decade run and ushering in a new era led by his deputy Lawrence Wong.Deputy Prime Minister Wong, 51, who’s also finance minister, will become the city-state’s fourth premier the same day. Wong has the unanimous support of the ruling party lawmakers, according to a statement issued by the Prime Minister’s Office on Monday.","content":"<html><head></head><body><p style=\"text-align: start;\">Singapore Prime Minister Lee Hsien Loong, 72, will step down May 15 as part of a long-planned succession, ending a two-decade run and ushering in a new era led by his deputy Lawrence Wong.</p><p style=\"text-align: start;\">Deputy Prime Minister Wong, 51, who’s also finance minister, will become the city-state’s fourth premier the same day. Wong has the unanimous support of the ruling party lawmakers, according to a statement issued by the Prime Minister’s Office on Monday.</p><p style=\"text-align: start;\">“I ask all Singaporeans to give Lawrence and his team your full support, and work with them to create a brighter future for Singapore,” Lee said in a post on Facebook.</p><p style=\"text-align: start;\">Under Lee’s helm, Singapore’s gross domestic product per capita more than trebled to nearly $92,000, becoming one of the world’s highest. The island has also sought to advance its appeal as a beacon for foreign investors in an increasingly competitive region.</p><p style=\"text-align: start;\">Singapore’s leadership succession is a carefully telegraphed event that’s been years in the making. Lee’s earlier wish to hand over the reins before he turned 70 was disrupted by Covid-19 and the shock decision in 2021 by then-designated successor Heng Swee Keat to step aside, citing his age.</p><p>Lee was first elected in 1984. He became prime minister in 2004, making him one of the longest-serving current political leaders in the world. His father, the late Lee Kuan Yew, served as Singapore’s first prime minister from 1959 to 1990. The elder Lee and Lee’s predecessor Goh Chok Tong were made senior ministers after resigning as premiers.</p><p style=\"text-align: start;\">The ruling People’s Action Party had its worst performance in the 2020 election despite winning 89% of parliamentary seats. The opposition pushed for measures to help low-income Singaporeans and a preference to hire locals over foreigners.</p><p style=\"text-align: start;\">Lee has said the leadership succession would coincide with the vote that’s due by 2025 and he will be at the “new PM’s disposal.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore PM Lee to Hand Reins to Deputy Wong Next Month</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSingapore PM Lee to Hand Reins to Deputy Wong Next Month\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-15 16:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-04-15/singapore-pm-lee-to-hand-reins-to-deputy-wong-next-month><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore Prime Minister Lee Hsien Loong, 72, will step down May 15 as part of a long-planned succession, ending a two-decade run and ushering in a new era led by his deputy Lawrence Wong.Deputy Prime...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-04-15/singapore-pm-lee-to-hand-reins-to-deputy-wong-next-month\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.bloomberg.com/news/articles/2024-04-15/singapore-pm-lee-to-hand-reins-to-deputy-wong-next-month","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120429650","content_text":"Singapore Prime Minister Lee Hsien Loong, 72, will step down May 15 as part of a long-planned succession, ending a two-decade run and ushering in a new era led by his deputy Lawrence Wong.Deputy Prime Minister Wong, 51, who’s also finance minister, will become the city-state’s fourth premier the same day. Wong has the unanimous support of the ruling party lawmakers, according to a statement issued by the Prime Minister’s Office on Monday.“I ask all Singaporeans to give Lawrence and his team your full support, and work with them to create a brighter future for Singapore,” Lee said in a post on Facebook.Under Lee’s helm, Singapore’s gross domestic product per capita more than trebled to nearly $92,000, becoming one of the world’s highest. The island has also sought to advance its appeal as a beacon for foreign investors in an increasingly competitive region.Singapore’s leadership succession is a carefully telegraphed event that’s been years in the making. Lee’s earlier wish to hand over the reins before he turned 70 was disrupted by Covid-19 and the shock decision in 2021 by then-designated successor Heng Swee Keat to step aside, citing his age.Lee was first elected in 1984. He became prime minister in 2004, making him one of the longest-serving current political leaders in the world. His father, the late Lee Kuan Yew, served as Singapore’s first prime minister from 1959 to 1990. The elder Lee and Lee’s predecessor Goh Chok Tong were made senior ministers after resigning as premiers.The ruling People’s Action Party had its worst performance in the 2020 election despite winning 89% of parliamentary seats. The opposition pushed for measures to help low-income Singaporeans and a preference to hire locals over foreigners.Lee has said the leadership succession would coincide with the vote that’s due by 2025 and he will be at the “new PM’s disposal.”","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":12,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1120429650"}