Tuesday, August 30, 2016

Singapore succession a troubling issue...

Suddenly, the Singapore government is beginning to look vulnerable as it realizes that all the micromanaging it has done to make the island nation a predictable haven, and thus a chart-topper in living standards rankings, can be thwarted by trends beyond its control.

Nowhere is this clearer than in its plans to make sure that only people in the mould of the Lee family and the People’s Action Party rise to rule the country. It is a country that since its modern founding has only known three leaders, two of them Lee Kuan Yew, the founder of the modern nation and his son and another, Goh Chok Tong, considered to have been a place filler until a decent interval had passed for Lee Hsien Loong to take over.

Throughout the decades since Singapore became a separate country in 1965, the government has operated on the premise that it cannot show uncertainty in its policies and succession planning as investors will think twice about putting their money here. But then fate can intervene in the most unexpected of ways. Singaporeans saw this happening before their eyes when Prime Minister Lee Hsieng Loong nearly collapsed while giving his yearly state
of the nation address live on TV on Aug 21.

He was exhausted and suffered from dehydration, suddenly appearing fragile, his physicians said. The rally was suspended for more than an hour as doctors checked on Lee’s condition. He was ordered to rest and took seven days off, returning to office looking physically sound. Full story...

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