S'pore watching Malaysian political developments 'very carefully': PM Lee

Singapore

PRIME Minister Lee Hsien Loong has said that Singapore is watching political developments in Malaysia very carefully.

Referring to the political crisis linked to the debt-laden 1MDB now gripping Malaysia, he said Malaysia is Singapore's closest neighbour in terms of geography as well as trading ties and investments, and that Singaporeans live and work in Malaysia, and vice-versa.

"And so when something happens in Malaysia, we watch very carefully and are very concerned how it affects us. We have very good relations with Malaysia. I personally have very good relations with Prime Minister Najib, so we hope that Malaysia will remain stable, that we will be able to have a…