PM Lee ‘deeply saddened’ by death of S’pore’s longest-serving finance minister

  • 📰 straits_times
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 69%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Mr Lee and Dr Hu both entered politics in 1984. Read more at straitstimes.com.

SINGAPORE – Prime Minister Lee Hsien Loong has offered his deepest condolences to the family of Singapore’s longest-serving Finance Minister Richard Hu, whoIn a Facebook post on Saturday, Mr Lee said he was “deeply saddened” by the passing of “a close colleague and friend for many years” and paid tribute to Dr Hu, who was finance minister from 1985 to 2001.

In 1983, Dr Hu retired from global energy and petrochemical company Shell and joined the Monetary Authority of Singapore as its managing director. Two years later, he became MAS chairman when he entered the Cabinet. “ also oversaw the overhaul of our securities regulatory framework, which facilitated the subsequent development of our capital markets and laid the foundation for Singapore to become a thriving global financial hub.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in CA

Canada Canada Latest News, Canada Canada Headlines