Heng Swee Keat

Singapore economy

Singapore set to pick Heng as successor to PM Lee

SINGAPORE (Nov 23): Singapore is expected to tap Finance Minister Heng Swee Keat as the de facto successor to Prime Minister Lee Hsien Loong on Friday, kicking off the city-state’s third leadership transition in its 53-year history.

Singapore economy

Singapore may signal Premier Lee's likely successor this week

SINGAPORE (Nov 22): Singapore may give its strongest signal yet this week about who might succeed Prime Minister Lee Hsien Loong as leader.

Singapore economy

Singapore assessing 2019 forecasts with trade war risks in view

SINGAPORE (Nov 5): Singapore may need to review its economic growth projections for next year as a trade spat between the world’s two biggest economies increases uncertainty and crimps business investment, the city state’s finance minister said.

Singapore's next cabinet reshuffle sets stage for future leaders

SINGAPORE (Apr 18): Singapore Prime Minister Lee Hsien Loong, 66, has said he will reshuffle his cabinet soon and is widely expected to do so before Parliament reconvenes on May 7. The impending changes will increase the focus on a group of younger minist

Singapore Budget

Singapore poised for first sales tax hike in more than a decade

SINGAPORE (Feb 13): Singapore, a city-state famed for the low-tax model that helped transform it from a gritty port town to an Asian Manhattan, is expected to put something unusual in this year's government budget announcement: A tax hike.

Singapore Budget

Six items on Deloitte's wish list for Budget 2018

SINGAPORE (Jan 5):  With Minister for Finance Heng Swee Keat to deliver this year’s Budget Statement in Parliament on Feb 19, Deloitte has released its wishlist for Budget 2018.

Singapore economy

Willingness to try, learn, and try again is only way to navigate future economy: Heng

SINGAPORE (Aug 3): In a fast-changing and unpredictable world, Singapore companies and workers must always be ready to embrace change, lifelong learning and a never-say-die spirit in order to survive and thrive.

Startups, Entrepreneurs, Digital economy

Singapore to permit banks to enter non-financial e-commerce

SINGAPORE (June 27): Singapore will streamline regulatory requirements for banks seeking to conduct or invest in non-financial businesses and also allow them to operate non-financial e-commerce platforms, as banks face rising competition from non-traditio

Budget 2017: Singapore aims to boost economic growth, support weak sectors

SINGAPORE (Feb 20): Finance Minister Heng Swee Keat on Monday announced measures to support companies and sectors grappling with cyclical downturns and industry shifts in a bid to boost growth and productivity amid global economic uncertainties.

MAS appoints Ong Ye Kung to board, Lawrence Wong steps down

SINGAPORE (Aug 29): Monetary Authority of Singapore (MAS) today announced its new appointment of Ong Ye Kung, Acting Minister for Education (Higher Education and Skills) and Senior Minister of State, Ministry of Defence, to its board of directors – as w
×