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SINGAPORE (AP) — Singapore’s Prime Minister Lee Hsien Loong will stay on in the government as senior minister after he steps down next month, his successor said Tuesday.
SINGAPORE -- Singapore Prime Minister Lee Hsien Loong on Monday announced he will pass the reins to Deputy Prime Minister Lawrence Wong on May 15, in what will be the city-state's first leadership change in 20 years.
SINGAPORE — Singapore's Prime Minister Lee Hsien Loong will step down on May 15 and hand over the power to Deputy Prime Minister Lawrence Wong, the Prime Minister's Office said on Monday.
Wong, 51, who became deputy prime minister in 2022 after he was chosen by his peers to lead them, has not had the same length of apprenticeship as Lee or the latter’s predecessor, Goh Chok Tong.
SINGAPORE — Singapore's plan to invest more than $743 million into artificial intelligence over the next five years could strengthen its position as a global business and innovation hub, tech executives said.
SINGAPORE -- Singapore is set to raise corporate taxes on multinationals from the start of next year while it will beef up efforts to become an artificial intelligence hub, Finance Minister Lawrence Wong said Friday, as he announced the city-state's 2024 budget.
SINGAPORE — Singapore will increase support for households and companies in the city-state as the country continues to grapple with higher prices, Deputy Prime Minister and Finance Minister Lawrence Wong said Friday when he delivered the 2024 budget.