Berliner Boersenzeitung - Singapore ruling party headed for clear victory in test for new PM

EUR -
AED 4.105457
AFN 78.708047
ALL 98.292443
AMD 432.83919
ANG 2.0004
AOA 1024.970235
ARS 1274.808036
AUD 1.744952
AWG 2.014731
AZN 1.896656
BAM 1.958239
BBD 2.26412
BDT 136.249727
BGN 1.961332
BHD 0.422727
BIF 3336.756615
BMD 1.117742
BND 1.456114
BOB 7.748653
BRL 6.330112
BSD 1.121397
BTN 95.867423
BWP 15.16389
BYN 3.669771
BYR 21907.750599
BZD 2.252506
CAD 1.561575
CDF 3209.037956
CHF 0.935415
CLF 0.027448
CLP 1053.312116
CNY 8.058365
CNH 8.060214
COP 4710.567979
CRC 568.00757
CUC 1.117742
CUP 29.620173
CVE 110.402529
CZK 24.911681
DJF 199.688753
DKK 7.461389
DOP 65.992207
DZD 149.055679
EGP 55.942131
ERN 16.766136
ETB 151.387885
FJD 2.540968
FKP 0.841554
GBP 0.841991
GEL 3.062171
GGP 0.841554
GHS 13.905322
GIP 0.841554
GMD 81.03544
GNF 9711.097164
GTQ 8.609725
GYD 234.612258
HKD 8.734318
HNL 29.178348
HRK 7.542548
HTG 146.732786
HUF 402.863402
IDR 18436.32221
ILS 3.976312
IMP 0.841554
INR 95.665502
IQD 1469.029978
IRR 47070.921587
ISK 146.077759
JEP 0.841554
JMD 178.762686
JOD 0.792813
JPY 162.406293
KES 144.940553
KGS 97.746833
KHR 4487.590214
KMF 493.48529
KPW 1005.96819
KRW 1563.855624
KWD 0.343583
KYD 0.934564
KZT 571.752235
LAK 24252.211106
LBP 100474.962184
LKR 335.537981
LRD 224.269374
LSL 20.243117
LTL 3.300403
LVL 0.676111
LYD 6.186707
MAD 10.403159
MDL 19.534334
MGA 5026.26124
MKD 61.606744
MMK 2346.904629
MNT 3994.555761
MOP 9.026645
MRU 44.38429
MUR 51.539073
MVR 17.279777
MWK 1944.422177
MXN 21.755173
MYR 4.801868
MZN 71.422887
NAD 20.243117
NGN 1791.003148
NIO 41.2614
NOK 11.607028
NPR 153.388076
NZD 1.899793
OMR 0.430046
PAB 1.121397
PEN 4.13435
PGK 4.660806
PHP 62.37394
PKR 315.778367
PLN 4.279553
PYG 8953.152989
QAR 4.087191
RON 5.119299
RSD 117.376216
RUB 90.519629
RWF 1605.800354
SAR 4.191797
SBD 9.322451
SCR 15.94266
SDG 671.207755
SEK 10.913726
SGD 1.452992
SHP 0.87837
SLE 25.372644
SLL 23438.499024
SOS 640.89837
SRD 40.888696
STD 23135.010501
SVC 9.812223
SYP 14532.720506
SZL 20.248223
THB 37.300738
TJS 11.561302
TMT 3.917687
TND 3.381012
TOP 2.617866
TRY 43.353125
TTD 7.606475
TWD 33.775497
TZS 3024.868094
UAH 46.548185
UGX 4103.111267
USD 1.117742
UYU 46.658122
UZS 14539.111447
VES 105.29829
VND 28973.559038
VUV 135.383499
WST 3.105678
XAF 656.775148
XAG 0.034609
XAU 0.000349
XCD 3.020755
XDR 0.816818
XOF 656.775148
XPF 119.331742
YER 272.844128
ZAR 20.203178
ZMK 10061.020748
ZMW 30.142549
ZWL 359.91259
  • CMSC

    -0.0500

    22.05

    -0.23%

  • CMSD

    0.0472

    22.06

    +0.21%

  • RBGPF

    64.5000

    64.5

    +100%

  • NGG

    1.2500

    71.28

    +1.75%

  • RYCEF

    0.0200

    10.72

    +0.19%

  • SCS

    0.0000

    10.5

    0%

  • BCC

    0.9200

    91.91

    +1%

  • GSK

    0.4991

    37.64

    +1.33%

  • BCE

    -0.0700

    21.56

    -0.32%

  • VOD

    0.1800

    9.45

    +1.9%

  • RIO

    -0.1100

    62.64

    -0.18%

  • AZN

    0.8500

    68.81

    +1.24%

  • JRI

    0.1600

    12.9

    +1.24%

  • RELX

    0.5300

    54.57

    +0.97%

  • BTI

    1.2700

    42.64

    +2.98%

  • BP

    0.1300

    29.76

    +0.44%

Singapore ruling party headed for clear victory in test for new PM
Singapore ruling party headed for clear victory in test for new PM / Photo: Roslan RAHMAN - AFP

Singapore ruling party headed for clear victory in test for new PM

Singapore's ruling party headed for a crushing victory at general elections on Saturday, sample counts showed, with voters giving Prime Minister Lawrence Wong the clear mandate he was seeking.

Text size:

Sample results showed the ruling People's Action Party (PAP) winning all but ten seats of the 97-seat parliament.

Wong was facing his first major test against a rejuvenated opposition and had urged voters for a strong show of support as he navigated the trade-oriented nation through global economic uncertainties brought by US tariffs.

The PAP, which has steered the island to prosperity while being criticised for suppressing dissent, was always expected to easily retain a clear majority in parliament.

However, its dominance has been increasingly challenged by a more vocal electorate over the years.

Popular after leading Singapore's Covid task force, Wong took over last year from his predecessor Lee Hsien Loong, the son of founding premier Lee Kuan Yew who ruled the island state after its bitter break-up with Malaysia in 1965.

Wong had warned Singapore would be hit hard if Trump went ahead with the tariffs he announced and then paused for most countries, except China, and needed to stay open and competitive to counter their effects.

He has also said the ructions caused may require a major restructuring of Singapore's economy.

- Scandals -

The overwhelming PAP majority in Singapore's unicameral legislature has become a norm in the wealthy island's political landscape.

But in the run-up to the latest polls, the PAP has faced a series of controversies.

Former premier Lee Hsien Loong is locked in a bitter feud with his brother Lee Hsien Yang who vehemently supports the opposition and who has sought political asylum in Britain.

The long-running family row centres on allegations made by Lee Hsien Yang that his brother is seeking to block the demolition of a family bungalow to capitalise on Lee Kuan Yew's legacy -- something he has denied.

Last year former transport minister S. Iswaran was thrown in jail for graft and in 2023, the parliament speaker and an MP resigned over an "inappropriate" affair.

At the same time, younger voters showed increasing receptive to alternative political voices.

One voter told AFP she had been impressed by "refreshing and exciting" new candidates from across the political spectrum.

"Whether or not they get elected, I hope we see and hear more of them, and get to know them better," said 40-year-old Shi'ai Liang.

- Crowds at opposition rallies -

In 2020, the country's largest opposition group, the Workers' Party (WP), made historic gains, winning 10 of the 93 seats at stake -- a significant jump from its previously held four seats.

The WP -- which has become politically slicker -- has been hoping to build on that momentum with a slate of charismatic candidates, including a top lawyer.

The party pulled in massive crowds at its rallies during the campaign, just like in previous elections, but those big numbers have seldom translated into electoral wins in the past.

Campaigning on cost of living issues, WP candidates said more opposition MPs were needed in parliament so that the PAP does not have a "blank cheque" and can be held accountable.

The PAP, however, pointed to the billions of Singapore dollars it has spent in helping citizens cope with rising costs, including via cash handouts and grocery vouchers.

"Every election is important because it serves as a reminder to the first estate that the third still has a voice in shaping the future of our country," 45-year-old Wong Jun Heng told AFP after voting.

(O.Joost--BBZ)