pstrongThe new Prime Minister says this will make the country become a more reliable partner./strong/p pNew Prime Minister Lawrence Wong said Singapore must be firm in pursuing its national interest to cement its position as a credible ally.
New Prime Minister Lawrence Wong said Singapore must be firm in pursuing its national interest to cement its position as a credible ally.
Wong explains this means having to do things that will not satisfy some countries. Like in the case of the ongoing tensions between the US and China, he said the city-state’s goal is not to find a balance between the two giants.
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Commentary: Lawrence Wong as Prime Minister and Finance Minister – it could give him an advantageLawrence Wong will remain Finance Minister after he becomes Prime Minister on Wednesday (May 15). Double-hatting gives him the opportunity to front the next Budget before the General Election is called, says senior analyst Mustafa Izzuddin.
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IRAS to reclaim $60m from '99-to-1' ABSD loophole exploiterspstrongAs of April, IRAS has audited 187 cases related to the scheme, uncovering 166 engaged in tax avoidance practices./strong/p pThe Inland Revenue Authority of Singapore (IRAS) is set to recover $60m from buyers who exploited the "99-to-1" loophole to avoid additional buyer's stamp duty (ABSD).
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HDB 'on track' to launch 100,000 flats by 2025pstrongIt launched over 67,000 flats in February alone./strong/p pThe Housing and Development Board (HDB) launched over 67,000 flats in February and is on track to launch 100,000 flats from 2021 to 2025./p pIn 2024, HDB plans to launch 19,600 Build-To-Order (BTO) flats.
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Singapore-NZ partnership adds 'supply chains' focuspstrongThe partnership now has six pillars of collaboration./strong/p pSingapore and New Zealand are boosting their partnership to include negotiations on connecting supply chains. /p pSingapore Prime Minister Lee Hsien Loong announced this in a joint press conference with his counterpart a href="https://sbr.com.
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Workers' Party congratulates incoming Prime Minister Lawrence Wong, thanks Mr Lee Hsien Loong for serviceMr Lawrence Wong will be sworn in as Singapore's fourth Prime Minister on Wednesday (May 15).
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Lawrence Wong calls new Deputy Prime Minister Gan Kim Yong a ‘pillar of strength’The biggest surprise among Mr Wong’s announcements was the promotion of Trade and Industry Minister Gan Kim Yong to Deputy Prime Minister
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