News Formal

'His wisdom and foresight shaped our key policies': Tributes pour in following death of ex-finance minister Richard Hu

  • 📰 asiaonecom
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 59%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

SINGAPORE – Former Cabinet minister and Singapore’s longest-serving finance minister Richard Hu Tsu Tau died on Friday. He was 96. His death was disclosed in a Facebook post on Friday night by Deputy Prime Minister Lawrence Wong. Mr Wong noted that Dr Hu was Singapore’s longest-serving finance minister. Dr Hu had held the post from 1985 to 2001. “He stewarded...

SINGAPORE – Former Cabinet minister and Singapore’s longest-serving finance minister Richard Hu Tsu Tau died on Friday. He was 96..

He also recounted that he joined the Ministry of Finance in 1999 and had worked with Dr Hu, who was then finance minister, on a Budget. On Friday night, MOF also posted on Facebook a condolence message to Dr Hu’s family. “We will remember Dr Hu for his many valuable contributions,” the ministry said.

In 1984, Dr Hu was elected MP for Kreta Ayer constituency and was immediately made trade and industry minister, making him among the few MPsHe went on to spend 17 years in politics, retiring in 2001 as finance minister.He oversaw the reform of Singapore’s financial and banking sectors, which included privatising the Post Office Savings Bank and selling it to DBS Bank.

“His wisdom and foresight shaped our key policies, including the GST which created a more resilient tax base for Singapore and boosted our international competitiveness,” he wrote.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 10. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Former Finance Minister Richard Hu dies aged 96SINGAPORE: Former Finance Minister Richard Hu died on Friday (Sep 8) at 96 years old. Dr Hu first entered politics in 1984 after contesting in the General Election as a member of the People's Action Party for the Kreta Ayer constituency, where he was elected as a Member of Parliament Therea
Fonte: ChannelNewsAsia - 🏆 6. / 66 Leggi di più »

Richard Hu, S’pore’s longest-serving finance minister, dies aged 96He also held ministerial portfolios of health and national development during his years in the Cabinet. Read more at straitstimes.com.
Fonte: straits_times - 🏆 5. / 69 Leggi di più »

Singapore's longest-serving finance minister Richard Hu dies aged 96SINGAPORE — Dr Richard Hu, who served as Singapore's Finance Minister for 16 years, died on Friday (Sept 8). He was 96.
Fonte: TODAYonline - 🏆 1. / 99 Leggi di più »

Singapore's longest-serving finance minister Richard Hu dies aged 96Deputy Prime Minister Lawrence Wong and Deputy Prime Minister Heng Swee Keat paid tribute to Dr Hu, who was Singapore's Finance Minister from 1985 to 2001.
Fonte: ChannelNewsAsia - 🏆 6. / 66 Leggi di più »