The Business Times
business-time-50

Heng Swee Keat remains in ICU, DPM Tharman to cover as Finance Minister

Published Thu, May 12, 2016 · 03:41 PM

    FINANCE Minister Heng Swee Keat remains under intensive care, and Deputy Prime Minister Tharman Shanmugaratnam will be covering the duties of the Minister for Finance with immediate effect, said the Prime Minister's Office.

    In a statement issued at 11.30pm on Thursday night, the PMO said that Mr Heng had a sudden stroke due to an aneurysm, which is a localised weakening of a blood vessel.

    He underwent initial neurosurgery to relieve pressure in his brain due to the bleeding. The aneurysm was successfully closed.

    "Mr Heng will remain under close monitoring in the intensive care unit of Tan Tock Seng Hospital," said the PMO.

    Mr Heng, 54, had suffered a stroke and collapsed at a weekly Cabinet meeting on Thursday afternoon.

    Heng Swee KeatTharman Shanmugaratnam

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    Malaysian Chinese bag-maker Liew Bin now sees value in protectionist measures as low-cost competition from China threatens Malaysian small and medium-sized enterprises.

    Once staunchly pro-China, Malaysian Chinese businesses are now distancing themselves from Beijing

    Just under two-thirds of affected homes are expected to be in London, according to estimates by estate agent Hamptons, and the government has said that it will use a home’s size and nearby sale prices nearby to judge the value of a property. 

    Britain’s mansion tax shows the difficulty of targeting wealth

    NUHS’ Ng Kian Swan says the projects that actually worked came from clinicians, nurses and infection-control teams sitting down with his team, not one department going it alone.

    Three hats, one goal: How Ng Kian Swan runs sustainability at NUHS

    Passenger cars have always been split into mass-market and premium COE categories, but commercial vehicles and motorcycles have not seen similar moves.

    COE review: The gap between luxury and mass-market cars isn’t the only one worth bridging 

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More