Presidential hopeful Tan Kin Lian said he intends to “play an active role” in carrying out the two key...
Noting that Singapore’s sovereign funds had made losses in the past year, Mr Tan said it should be accepted that the market values of investments will fluctuate from year to year according to the underlying conditions of the global economy.
He said that he intended to work with the Government to ensure that the past reserves are used wisely for the benefit of current and future generations. “This was a spirit of unity and pride that Singaporeans felt 50 years ago. We need to rekindle that spirit.” “I ask for the support of the people of Singapore to give me a strong mandate, so that I can provide an independent perspective and act in collaboration with the ruling Government to deal with the challenges of the future,” said Mr Tan.His proposer, former presidential candidate Tan Jee Say, said it showed courage that Mr Tan, who lost his deposit in the 2011 presidential election, has once again placed himself at the mercy of the voters.
Mr Tan Jee Say said that he was sure that if elected as president, Mr Tan Kin Lian would do a “fresh and thorough review” with officials from the Monetary Authority of Singapore and guide them on the appropriate level of reserves to put aside to defend the Singapore dollar and for other emergency needs.
Mr Lim, the PV chief, said many Singaporeans are disillusioned by the walkovers of past presidential elections, as there had been only two contests in the 30-year history of the elected presidency.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tan Kin Lian launches presidential bid, names Tan Jee Say and Lim Tean as proposer, seconderThe President must be someone who is 'independent from the People's Action Party', Tan Kin Lian has said on Friday (Aug 11) to officially launch his bid for president. In a press conference at the Copthorne King's Hotel that is reminiscent of a opposition political party rally, the 75-year-old also announced his proposer and seconder. They are former presidential candidate...
Read more »
Theatre review: Jo Tan’s excellent one-woman play King wrestles with identity issuesTan wrote this play after showing up at a character workshop wearing her husband's clothes. Read more at straitstimes.com.
Read more »
It's kin-credible! Meet this mother-daughter duo and other families involved in NDP 2023National Day is undoubtedly a family fest, and throws the spotlight on the importance of family. Just look at the hordes of kinfolk that make up the spectators at every National Day Parade (NDP) as well as in the heartlands and around the world. Prime Minister Lee Hsien Loong put it best when he said at the launch of National...
Read more »
Malaysia scraps island airport plan amid environmental concernsMalaysia rejected a bid by tycoon Vincent Tan to build an international airport on Tioman island, saying the proposal would cause damage to the environment. Good move?
Read more »
Diner slams tray, breaks bowl at popular MacPherson Teochew Minced Meat Noodles stall after hawker ran out of pork lardA bowl of bak chor mee, with its springy noodles topped with crackling pork lard bits, makes for a humble yet heavenly culinary delight. But one diner unleashed hell on his bowl of food over the missing pork cubes from his go-to minced meat noodles stall. Aloysius Tan, who runs the MacPherson Teochew Minced Meat Noodles stall in Toa Payoh,...
Read more »