AIRLINK 197.06 Decreased By ▼ -0.91 (-0.46%)
BOP 9.98 Decreased By ▼ -0.06 (-0.6%)
CNERGY 7.27 Decreased By ▼ -0.02 (-0.27%)
FCCL 36.47 Increased By ▲ 0.47 (1.31%)
FFL 16.73 Decreased By ▼ -0.18 (-1.06%)
FLYNG 25.61 Increased By ▲ 0.57 (2.28%)
HUBC 135.20 Increased By ▲ 1.17 (0.87%)
HUMNL 14.02 Decreased By ▼ -0.12 (-0.85%)
KEL 4.79 Increased By ▲ 0.01 (0.21%)
KOSM 6.90 Decreased By ▼ -0.04 (-0.58%)
MLCF 45.45 Increased By ▲ 0.47 (1.04%)
OGDC 217.50 Decreased By ▼ -0.73 (-0.33%)
PACE 6.89 Decreased By ▼ -0.05 (-0.72%)
PAEL 41.25 Decreased By ▼ -0.17 (-0.41%)
PIAHCLA 16.75 Decreased By ▼ -0.11 (-0.65%)
PIBTL 8.47 Increased By ▲ 0.01 (0.12%)
POWER 9.39 No Change ▼ 0.00 (0%)
PPL 182.90 Decreased By ▼ -3.03 (-1.63%)
PRL 41.19 Decreased By ▼ -0.08 (-0.19%)
PTC 24.80 Increased By ▲ 0.03 (0.12%)
SEARL 104.34 Decreased By ▼ -0.31 (-0.3%)
SILK 1.01 No Change ▼ 0.00 (0%)
SSGC 40.85 Decreased By ▼ -0.06 (-0.15%)
SYM 17.86 Decreased By ▼ -0.19 (-1.05%)
TELE 8.89 Decreased By ▼ -0.02 (-0.22%)
TPLP 12.64 Decreased By ▼ -0.20 (-1.56%)
TRG 66.40 Decreased By ▼ -0.20 (-0.3%)
WAVESAPP 11.15 Decreased By ▼ -0.15 (-1.33%)
WTL 1.76 Decreased By ▼ -0.02 (-1.12%)
YOUW 3.90 Decreased By ▼ -0.10 (-2.5%)
BR100 12,075 Decreased By -34 (-0.28%)
BR30 36,457 Decreased By -140.4 (-0.38%)
KSE100 114,725 Decreased By -317.4 (-0.28%)
KSE30 36,094 Decreased By -106.1 (-0.29%)

SINGAPORE: A prominent Singapore minister stepped aside on Thursday as the successor to the premier, in a shock move that upended the tightly-controlled country’s carefully planned power transfer.

Finance minister Heng Swee Keat was in 2018 named to a key post in the ruling party that put him in pole position to take over when Singapore’s founding family hands over the premiership. He was expected to replace Prime Minister Lee Hsien Loong, son of the late founding premier Lee Kuan Yew, who oversaw the country’s rapid economic development during three decades of sometimes authoritarian rule.

Comments

Comments are closed.