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Lawrence Wong

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Singapore PM's 64% pay rise widens gap with global leaders under 'clean wage' system
world1 month ago

Singapore PM's 64% pay rise widens gap with global leaders under 'clean wage' system

Singapore's Prime Minister Lawrence Wong will see ministerial pay rise to SG$3.6 million after 15 years without changes, part of a 'clean wage' system linked to private-sector median earnings and with no hidden perks. He plans to donate the entire increase to charity for five years. The upgrade makes his salary more than four times the Swiss president and seven times the U.S. president, and initial one-off boosts for current ministers could be smaller (up to about 9%), depending on performance and responsibilities.

Singapore ministers' pay rise: Wong's S$1.4m raise and charity pledge
world1 month ago

Singapore ministers' pay rise: Wong's S$1.4m raise and charity pledge

Singapore's government will raise ministers' annual salaries, including prime minister Lawrence Wong's, by about S$1.4 million to around S$3.6 million, with Wong pledging to donate the increase to charity over five years; the move, aimed at attracting talent and deterring corruption, has drawn both support and criticism amid concerns about cost of living and job security.

Singapore's Lee Hsien Loong to Pass Leadership to Lawrence Wong Ahead of General Election
politics2 years ago

Singapore's Lee Hsien Loong to Pass Leadership to Lawrence Wong Ahead of General Election

Singapore's Prime Minister Lee Hsien Loong has announced that he will step down as the leader of the ruling People's Action Party (PAP) before the 2025 general elections. He plans to hand over the reins to Deputy Prime Minister Lawrence Wong as early as November 2024. Lee praised Wong's leadership during the COVID-19 pandemic and stated that there is no reason to delay the political transition. Wong's appointment would make him the fourth leader of Singapore and the second non-Lee family member to hold the position.