KUALA LUMPUR, May 15 ― As Singapore's new Prime Minister Lawrence Wong takes office today, a key challenge will be elevating economic ties with neighbouring Malaysia,...
‘Leave me alone’, Hindu mum of kids unilaterally converted by dad tells Perlis Islamic authority after Federal Court rules in her favour
If Putrajaya and the new Singaporean government develop new bilateral economic policies, they can easily offer both their countries as joint-investment destinations to lure global semiconductor firms to Asean with strategic investments in Malaysia-Singapore including tech-giants from US and China. Wong, 52, who is deputy prime minister and minister of finance, will succeed Lee Hsien Loong, 72, who have served Singapore's government for nearly 20 years since on August 12, 2004.
They include the slowdown in external demand, persistently elevated inflation and interest rates, and rising geopolitical tensions, no thanks to the spat between Washington and Beijing, the ongoing Ukraine-Russian war and the conflict in the Middle East.
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