Singapore’s new Primary Minister Lawrence Wong will just take business office on Might 15

Singapore’s new Primary Minister Lawrence Wong will just take business office on Might 15


Singapore’s new prime minister Lawrence Wong will be sworn in on May well 15, 2024. The latest key minister Lee Hsien Loong introduced on April 15 that he will be stepping down and handing the management reins to Wong.

Ore Huiying | Bloomberg | Getty Photographs

SINGAPORE — Singapore’s Prime Minister Lee Hsien Loong will phase down on Might 15 and hand around the electric power to Deputy Prime Minister Lawrence Wong, the Primary Minister’s Business office said on Monday.

Wong will be sworn in at 8 p.m. neighborhood time that working day to come to be Singapore’s fourth primary minister due to the fact its independence in 1965.

Lee declared in November that Wong will take the reins from him as leader of the ruling People’s Action Occasion (PAP) ahead of the following standard election owing November 2025. Lee has served as key minister considering the fact that 2004.

Wong has the unanimous assistance of the PAP associates of parliament, the PMO assertion mentioned.

“For any country, a management transition is a significant second. Lawrence and the 4G crew have labored challenging to achieve the people’s trust, notably all through the pandemic,” Lee claimed in a Fb article pursuing the announcement. The fourth-technology leaders of the state are generally referred to as the 4G.

“Via the Forward Singapore work out, they have labored with lots of Singaporeans to refresh our social compact and produce the nationwide agenda for a new era,” he stated, referring to a prepare aimed at fostering a additional inclusive, fair and resilient culture.

Wong, who is 51, entered politics following staying elected a member of parliament throughout the 2011 General Election. He was subsequently appointed as Minister of Condition for training and defence. 

He is presently the Minister of Finance, a place he has held because 2021. He is also Chairman of the Financial Authority of Singapore, the country’s central bank and money regulator.

Lee beforehand praised Wong for how he assisted the country navigate by the Covid disaster, throughout which he rose to prominence as one of the co-chairs of the Covid activity pressure at the top of the pandemic. 

Wong has held positions in the Ministry of Defence, Ministry of Communications and Information, the Ministry of Lifestyle, Neighborhood and Youth, the Ministry of National Improvement, and the Ministry of Instruction.

In advance of coming into politics, Wong occupied roles as chief government of the Electrical power Industry Authority, and principal personal secretary to Lee.



Source

London IPO fundraising hits a three-decade low in another blow to the UK capital
World

London IPO fundraising hits a three-decade low in another blow to the UK capital

City of London skyline with 20 Fenchurch Street, affectionately nicknamed the Walkie Talkie, in London, United Kingdom. Mike Kemp | In Pictures | Getty Images Fundraising from London IPOs slumped to at least a three-decade low in the first half of this year, new data showed on Friday – raising fresh questions about the fading […]

Read More
Defense tech stocks have surged – and analysts say these names have higher to go
World

Defense tech stocks have surged – and analysts say these names have higher to go

From the battlefield to the halls of Congress, a shake-up is underway that will change how armed forces around the world prepare for conflict and engage with adversaries. June began with a wake-up call about how versatile and effective drones could be in warfare. After 18 months of planning, Ukraine successfully smuggled containers armed with […]

Read More
A year after its landslide win, Britain’s Labour Party is navigating a tougher-than-expected path
World

A year after its landslide win, Britain’s Labour Party is navigating a tougher-than-expected path

British Prime Minister Keir Starmer and his wife Victoria Starmer react as they greet Labour campaigners and activists at Number 10 Downing Street, following the results of the election, in London, Britain, July 5, 2024.  Toby Melville | Reuters It’s been one year since Labour returned to power in a landslide victory that appeared to show […]

Read More