the sun malaysia ipaper logo 150x150
Saturday, July 25, 2026
26.4 C
Kuala Lumpur
the sun malaysia ipaper logo 150x150

Singapore’s incoming PM makes minor cabinet reshuffle, seeks ‘continuity and stability’

SINGAPORE: Singapore’s incoming prime minister Lawrence Wong appointed a new deputy premier in a minor reshuffle of the cabinet on Monday, as he gears up to become the city-state’s fourth leader since its independence six decades ago.

Trade Minister Gan Kim Yong was given the additional role of deputy prime minister, one of two in Wong’s cabinet, according to the prime minister’s office. Gan, 65, will also take Wong’s job as chair of the board of the Monetary Authority of Singapore (MAS), the central bank said.

Wong will retain the finance portfolio and takes over on Wednesday from 72-year-old Prime Minister Lee Hsien Loong. Lee, the son of the founding father of modern Singapore Lee Kuan Yew, will remain in cabinet as senior minister, in accordance with tradition.

“Continuity and stability are key considerations, especially as we are approaching the end of this term of government,“ Wong told a press conference attended by local media.

The reshuffle was minor and included the promotion of several junior ministers plus the appointed of two parliamentary backbenchers to junior ministerial positions.

Singapore must hold its next general election by November 2025, at which Wong will lead the People’s Action Party (PAP), which has ruled the wealthy city-state since 1959.

Wong is among 15 senior PAP members referred to locally as 4G leaders, a fourth generation that was hand-picked to succeed Lee and his cabinet for a carefully calibrated transition of power in the Asian financial hub.

Wong has said he would make bigger changes to his cabinet after the election.

Major cabinet reshuffles are infrequent in Singapore. The last significant shakeup came in April 2021, after Lee’s anointed successor Heng Swee Keat ruled himself out of Singapore’s top job.

Wong took over in the finance portfolio and other key next-generation leaders were also given fresh portfolios.

Heng, who has been deputy prime minister since 2019, will remain in the post serving under Wong.

STAY AHEAD OF THE CURVE

Join our community for instant updates and exclusive content.

Join Telegram Channel

Related


spot_img

Latest News

Mengniu’s Chinese Culture Pavilion captivates the world at the FIFA World Cup

Mengniu has launched a 400-square-metre Chinese Culture Pavilion outside the FIFA World Cup Final venue in New York, showcasing traditional Chinese culture through immersive exhibits inspired by Beijing's Central Axis. The initiative reinforces Mengniu's commitment to promoting Chinese culture while expanding its global presence as an Official Sponsor of the 2026 FIFA World Cup.

House of Origin elevates the Cantonese culinary canon with pristine expressions for summer

House of Origin at Galaxy Macau has launched a new summer dining programme featuring a seasonal Cantonese menu, an exclusive 15-Year Moutai pairing dinner and a refined lunch service. The latest offerings celebrate premium seasonal ingredients, traditional Cantonese craftsmanship and contemporary culinary artistry.

Breaking the bed bug control industry bottleneck: Nobedbugs-HK redefines global bed bug eradication standards...

Hong Kong-based Nobedbugs-HK is setting a new benchmark in the global pest control industry with its proprietary thermal treatment technology and custom formulations. Having completed over 10,000 successful bed bug eradication projects, the company claims a 100% success rate while addressing long-standing challenges in residential and commercial pest control.

AIA Hong Kong leads industry again with most No.1 market positions in Q1 2026

AIA Hong Kong has once again emerged as the insurer with the most No.1 market positions in the first quarter of 2026, according to provisional statistics released by the Insurance Authority. The company led across multiple categories, including new business policies, inforce policies, agency channel premiums and group insurance, reinforcing its leadership in Hong Kong's insurance market.

Most Viewed

spot_img
WC26

World Cup 2026

Updates, Fixtures, Results & Standings