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Only 165 CEOs of 413 firms with $500 million-equity in Singapore are citizens, reveals Finance Minister

Out of 413 firms with over $500 million shareholders’ equity in Singapore, just 165 are led by Singaporean CEOs, stirring debate over presidential candidacy criteria for private sector candidates. President aspirant George Goh the eligibility criteria may overlook the potential capabilities of candidates who have built successful companies from the ground up, as opposed to those who were placed in already profitable entities.

Australia to support activists threatened by Hong Kong

Australia expresses concern over Hong Kong bounties on activists, vows support for those residing in Australia.

Thai House picks compromise speaker as progressives seek to form govt

Thai parliament compromises on House speaker, potentially complicating pro-democracy leader Pita’s bid for prime minister.

19 trees with 1-metre girth and 24 trees cut down at Ministers’ rented bungalows at 26 and 31 Ridout Road

Significant tree felling occurred at Ministers’ rented bungalows, with 19 and 24 large trees removed at 26 and 31 Ridout Road respectively,

Wanted activists should surrender or ‘spend days in fear’: Hong Kong leader

Hong Kong’s leader urges overseas activists to surrender after police offer bounties for violating national security law.

PM Lee defends Ministers amidst bungalow rental allegations, professes integrity of Singapore’s political system

Prime Minister Lee Hsien Loong asserts his confidence in Ministers K. Shanmugam and V. Balakrishnan, following a corruption probe revealing no misconduct. He emphasized the clean wage policy and personal choice in living arrangements for Singapore’s ministers. When queried by Pritam Singh, Leader of the Opposition, if there could be a better way to handle similar situations in the future, PM Lee noted that the issue of ministers instructing civil servants wasn’t public knowledge until it was disclosed in the report. “My view is he (Mr Shanmugam) could have done it a different way. He could have done it this way. He has given the House the reasons why he did it this way.I think those are cogent reasons, which I accept.” said PM Lee.

Snakes, sacrifice and snatching victory from Ridout controversy

In a recent Parliamentary session, the People’s Action Party (PAP) deflected allegations of conflict of interest regarding ministers’ rental of Ridout estates. Augustine Low opines on how PAP, through strategic responses, turned controversy into victory, demonstrating their adherence to stringent standards of integrity and propriety and closing the case.

Thai King opens parliament after shock election result

Thailand’s king opens parliament after pro-democracy opposition wins election, but forming a coalition government remains challenging.

Hong Kong police offer bounties for 8 prominent overseas activists

Hong Kong police offer HK$1 (US$127,644) million bounties for information leading to the capture of eight democracy activists based abroad.

Malaysian Tourism Minister absent from scheduled meeting with anti-corruption commission

Malaysian Tourism Minister Tiong King Sing skips scheduled MACC meeting amid allegations of corruption within the Immigration Department, refuses to confirm future appearance.