The Business Times
business-time-50

Tharman to cover as Finance Minister after Heng Swee Keat suffers stroke

Mr Heng remains in intensive care after neurosurgery

google-preferred-sourceAdd BT as a preferred source
Published Thu, May 12, 2016 · 09:50 PM

    Singapore

    SINGAPORE'S Deputy Prime Minister Tharman Shanmugaratnam will be covering the duties of Finance Minister after Heng Swee Keat - a core member of Singapore's slate of fourth-generation leaders - remains under intensive care after suffering a stroke.

    In a statement issued late on Thursday night, the Prime Minister's Office (PMO) said that 59-year-old Mr Tharman, who was previously Finance Minister, will return to helm the ministry with immediate effect.

    Heng Swee KeatTharman Shanmugaratnam

    TRENDING NOW

    This comes after a Citi note that lifted target prices for all Singapore banks, with a leading preference and “buy” call for DBS.

    DBS, OCBC and UOB shares hit all-time highs as sentiment improves

    The eligible projects include Sun Group’s developments linked to the Asia-Pacific Economic Cooperation summit in Phu Quoc in 2027.

    Targeted credit relief: Vietnam steers funding to Vingroup, Sun Group, Masterise megaprojects

    Recent cuts at e-commerce platforms such as Shopee is signalling shifting business priorities.

    E-commerce job cuts signal S-E Asia’s shift from scaling to deeper user engagement

    In hiring for AI-fluent users, companies will do well to better define and test applicants on their capacity for human oversight.

    Employers want AI-fluent employees. Hiring them is the challenge

    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