Finance Minister Heng Swee Keat to become DPM from May 1

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Finance Minister Heng Swee Keat, widely tipped as Prime Minister Lee Hsien Loong's successor, will become Deputy Prime Minister (DPM) from May 1, a move political observers say further cements his position to take over Singapore's top post. The Prime Minister's Office (PMO)...

In a Facebook post yesterday, Mr Lee said the next generation leadership is taking shape.

"My colleagues and I are united in our purpose to serve Singaporeans to the best of our abilities," he said. Both also held the post of the People's Action Party's first assistant secretary-general before eventually becoming PM, a role which Mr Heng took on last November. The analysts also noted that the latest Cabinet changes, the fourth since 2015's General Election , are minimal compared with the reshuffle last April, which saw fourth-generation ministers helm 10 out of the 16 ministries.

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Singapore must create synergy and focus on industry transformation at all cost – Heng Swee KeatThe Finance Minister said it was important for Singapore to really push ahead with technology innovation and to position Singapore as a global Asian node of technology innovation and enterprise
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