Gan is likely chosen as DPM due to his close working relationship with Wong as co-chair in the Covid-19 government taskforce, an analyst says.
Singapore PM-Designate Wong Sticks With Old Guard in Reshuffle
Singapore’s incoming Prime Minister Lawrence Wong picked Trade Minister Gan Kim Yong as his deputy, keeping the cabinet of outgoing premier Lee Hsien Loong largely intact.
DPM Wong to remain as Finance Minister after becoming PM
Deputy Prime Minister (DPM) Lawrence Wong will retain his position as Finance Minister, after becoming Prime Minister (PM), according to the Prime Minister's Office (PMO)'s announcement on the Cabinet ...
Gan Kim Yong to become new DPM in Singapore’s Cabinet reshuffle; no changes of ministerial portfolios
MINISTER for Trade and Industry Gan Kim Yong will be promoted to Deputy Prime Minister (DPM) come May 15, alongside current DPM Heng Swee Keat, in a Cabinet reshuffle with few other major changes.
Gan Kim Yong to become DPM in Singapore Cabinet changes
Lawrence Wong, who announced the appointment of Mr Gan, said that continuity and stability are "key considerations" as the government approaches the end of its current term.
Singapore’s Incoming PM Wong Appoints New Deputy PM in Minor Reshuffle
SINGAPORE (Reuters) - Singapore's incoming prime minister Lawrence Wong announced a minor cabinet reshuffle on Monday ahead of assuming the top post later this week, with the biggest change the ...
Singapore PM-designate Wong sticks with old guard in minor reshuffle; picks Trade Minister Gan Kim Yong as his deputy
Singapore’s incoming Prime Minister Lawrence Wong picked Trade Minister Gan Kim Yong as his deputy, keeping the cabinet of outgoing premier Lee Hsien Loong largely intact.
Singapore c.bank picks Gan Kim Yong as chairman
The Monetary Authority of Singapore on Monday said it has appointed Gan Kim Yong as the chairman of the city-state's central bank. Yong replaces Lawrence Wong who has also been serving as Singapore's ...
OCBC Makes S$1.4 Billion Bid for Remaining Great Eastern Holdings Stake
OCBC Bank announced that it has put up a S$1.4 billion bid to acquire the remaining 11.56% of Great Eastern Holdings Limited it does not own.
Flipkart mulls moving HQ to India ahead of IPO: Report|
Flipkart contemplates relocating domicile to India reflecting a trend of established startups returning home for regulatory alignment and IPO readiness. The move, if executed, could also result in tax ...
Analysts keep ‘buy’ and ‘hold’ calls on UOB after 1QFY2024 earnings exceed expectations
With the bank’s fixed rate hedges to offset the impending interest rate decline, the analysts see the possibility of its sequential NIMs remaining stable or “inflecting upwards”, although that depends ...
Marina Bay Sands, UOB and Singapore Tourism Board enter next partnership to enhance Marina Bay precinct
Marina Bay Sands, UOB and Singapore Tourism Board (STB) inked a Memorandum of Understanding (MoU), committing to drive visitors ...
Singapore steps up investment in tourism human capital
Recognising that human capital is a crucial component of a successful tourism industry, Singapore has intensified its investments in capability development, with a compressed training and ...
With IPO in mind, Flipkart may move domicile from Singapore to India
Walmart-owned e-commerce firm Flipkart is reportedly planning to move its domicile back from Singapore to India, according to industry sources. The company, valued at $33 billion, may provide a ...
Shein steps up London IPO preparations amid U.S. hurdles to listing, sources say
By Julie Zhu, Greg Roumeliotis and Kane Wu HONG KONG/NEW YORK (Reuters) -Fast-fashion giant Shein is stepping up preparations for a London listing after its attempt to float itself in New York faced ...
Standard Chartered strengthens Transaction Banking global leadership with new hires
Standard Chartered announced the appointment of three new additions to its Transaction Banking global leadership team – Mahesh Kini as Global Head of Cash Management, Mark Troutman as Global Head of ...