Singapore’s Prime Minister Lee Hsien Loong on Friday named Lawrence Wong as the country’s next finance minister, signalling that the 48-year-old - the public face of Singapore’s Covid-19 response - may be among the favourites to become the country’s next leader after the previous heir apparent stepped aside.
Analysts said heavyweight new portfolios given to two other likely contenders to succeed Lee – Chan Chun Sing and Ong Ye Kung – meant they remained in contention for the job.
Lee’s retention of his most senior lieutenants in the important defence, home affairs and foreign ministries meanwhile underscored that he has no intent of rocking the boat while the Covid-19 crisis continues, the observers said.
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