Singapore Deputy Key Minister Lawrence Wong to direct ruling social gathering prior to basic election

Singapore Deputy Key Minister Lawrence Wong to direct ruling social gathering prior to basic election


Singapore’s Deputy Key Minister and Finance Minister Lawrence Wong attends the Singapore-India Hackathon ahead of the G20 Finance Ministers, Central Financial institution Governors (FMCBG) and Finance & Central Financial institution Deputies (FCBD) meetings in Gandhinagar on July 16, 2023. (Picture by Sam PANTHAKY / AFP) (Photograph by SAM PANTHAKY/AFP by using Getty Images)

Sam Panthaky | Afp | Getty Photos

Singapore Prime Minister Lee Hsien Loong reported on Sunday that Deputy Primary Minister Lawrence Wong will take over from him as chief of the ruling People’s Action Occasion prior to the upcoming normal election because of by November 2025.

With the PAP widely predicted to continue dominating elections, Wong is possible to turn into Singapore’s subsequent primary minister. He would be the fourth premier to direct the Asian financial hub because its independence in 1965.

Lee, who has served as prime minister since 2004, is the eldest son of Singapore’s founding father, Lee Kuan Yew.

He is also the secretary-typical of the PAP, which has dominated the island country given that 1965. He announced final year that Finance Minister Wong, 50, would be his successor and promoted him to be his deputy.

“I have total assurance in Lawrence and his staff and there’s no motive to hold off their political changeover. Consequently, I intend to hand in excess of to DPM Lawrence in advance of the up coming normal election,” explained Lee, 71, at an annual meeting of the PAP.

Lee praised Wong and his workforce for the managing of the Covid crisis and mentioned they were being ever more setting the nationwide agenda.

Wong was catapulted into the political highlight as co-head of the government’s Covid-19 task power at the top of the pandemic.

He has primarily received praise for his managing of the virus. Below his management, Singapore imposed rigid lockdowns, border curbs and contact-tracing, which held deaths and infections to a least, especially early on in the pandemic.

But right after acquiring just one of the world’s highest vaccination costs, a lot of experienced questioned the gradual pace at which the town eased restrictions.



Supply

Safe haven rush begins after Israel strikes Iran
World

Safe haven rush begins after Israel strikes Iran

Investors fled to safe-haven assets Friday after a series of Israeli airstrikes on Iran marked a major escalation of conflict in the region. The scale of the attack, which Israel said was targeting Iran’s nuclear program, took markets by surprise, pushing up prices of assets thought to offer protection in times of heightened volatility. “The […]

Read More
CNBC Daily Open: Tensions in the Middle East boil over
World

CNBC Daily Open: Tensions in the Middle East boil over

Air India Boeing 787 Dreamliner aircraft with registration letters VT-ANB flies over Tokyo, Japan, April 27, 2025 in this picture obtained from social media. Koki Takagi | Via Reuters Israel launched a series of airstrikes in Iran early Friday local time, escalating the simmering conflict between the two nations. Israel said that it was targeting […]

Read More
India moves to tap its rare earth reserves. Experts say it could become an alternative to China
World

India moves to tap its rare earth reserves. Experts say it could become an alternative to China

Indian Rare Earths extracts rare earth elements from beach sands in Kerala, India. Pallava Bagla | Corbis News | Getty Images India, like many countries, is facing China’s restrictions on rare earth exports — and it wants to develop its own domestic supplies. Experts say it could become an important alternative to China for partners […]

Read More