Tag Archives: Lawrence Wong

Lawrence Wong’s meeting with Chinese Premier Li Qiang indicates a mutual desire to push forward cooperation ‘driven at the senior levels’, one analyst notes Source link

Singapore will remain ‘pro-growth’, no plans to go down path of welfarism, says city state’s next leader Lawrence Wong. Source link

Amid ballooning prices, rent and mortgages, the affordability of public flats – home to over 80 per cent of the population – is under the national spotlight. Source link

Merchants using Alipay+ reached 2.5 million as of November, helping expand digital transactions in markets that include Japan, South Korea, Singapore, the Philippines, Malaysia and Thailand. Source link

Economists warn middle-income earners are likely to be hit hardest by the increase, even with Finance Minister Lawrence Wong’s promise of a ‘Valentine’s Day’ present for citizens in this year’s budget. Source link

Some ultra-rich are making backup plans to move cash, firms and loved ones to the city state, after Nato held its first dedicated debate on the threat Beijing poses to the self-ruled island. Source link

Singapore will raise the goods and services tax from 7 to 8 per cent from January 1, with a further hike to 9 per cent from January 1, 2024. Source link

The Southeast Asian financial hub has been a magnet for the well-to-do thanks to its low tax rates and modern infrastructure. But it’s already planning to raise income taxes – and its next prime minister has indicated that the government needs to do more to tackle inequity. Source link

The city state’s prime minister-in-waiting said the relationship between the world’s biggest economies was on a “very worrying” trajectory in the wake of Nancy Pelosi’s visit to Taiwan and China’s subsequent military drills. Source link

Lee Hsien Loong says the timing of a general election that must be held by 2025 will be a key factor in determining when he will step down and hand power to Wong, who was backed by 15 out of 19 ‘stakeholders’ to become the next leader Source link