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
In 1985, Dr Hu concurrently became the Health Minister, a role which he held until 1987, and the Finance Minister - a portfolio he held for 16 years until 2001. During his term, he introduced the goods and services tax in Singapore to reduce the government's reliance on direct taxation as a revenue source and to broaden the tax base.
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:
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UN chief says global finance system fragmenting; Myanmar crisis worsensUN Secretary-General Antonio Guterres called for a mechanism to provide relief for debt-strapped developing economies. Read more at straitstimes.com.
Source: STForeignDesk - 🏆 4. / 71 Read more »
Global regulators seek to crack down on decentralised financeLONDON: Global securities regulators set out on Thursday (Sep 7) their first blueprint to make participants in 'decentralised finance' (DeFi)accountable for their actions and safeguard market stability. DeFi platforms allow users to lend, borrow and save in digital assets, using the blockchain technology t
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
China's Ant Group unveils finance AI model as race heats upHONG KONG : Ant Group unveiled a finance-specific artificial intelligence (AI) model on Friday and started testing consumer and professional apps for the product, joining a crowded race to deploy AI in heavily regulated China.The foray by Ant into financial AI is notable as the company founded by billiona
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »