Whale Large Capital
  • Politics
  • World News
  • Business
  • Investing
  • Politics
  • World News
  • Business
  • Investing

Whale Large Capital

World News

Singapore votes in test of ruling party’s monopoly

by May 3, 2025
May 3, 2025
Singapore votes in test of ruling party’s monopoly

Singapore is holding an election on Saturday almost certain to perpetuate the unbroken rule of the People’s Action Party, in a test of public approval for its new prime minister as the city-state braces for economic turbulence from a global trade war.

The election is a bellwether for the popularity of the PAP, which has ruled since before Singapore’s 1965 independence, with attention on whether the opposition can challenge the ruling party’s tight grip on power and make further inroads after small but unprecedented gains in the last contest.

Though the PAP has consistently won in landslides with about 90% of seats, its share of the popular vote is closely watched as a measure of the strength of its mandate, with premier Lawrence Wong keen to improve on the PAP’s 60.1% in the 2020 election – one of its worst performances on record.

Wong, 52, became the Asian financial hub’s fourth prime minister last year, promising continuity, new blood and to lead Singapore his own way.

He took over at the end of the two-decade premiership of Lee Hsien Loong, the son of former leader Lee Kuan Yew, the founder of modern Singapore.

Polls opened at 8 a.m. and will close at 8 p.m. (8 a.m. ET), with a result expected in the early hours of Sunday.

Living costs and housing availability in one of the world’s most expensive cities are key issues for the 2.76 million voters and a continued challenge for Wong, whose government has warned of recession if the trade-dependent economy becomes collateral damage in the war over steep U.S. tariffs.

Lopsided contest

The PAP has long had the upper hand in politics, with a big membership to draw from, influence in state institutions and far greater resources than its untested opponents, which are each running in only a small number of constituencies.

The election will be a lopsided affair, with 46% of all candidates representing the PAP, which is contesting all 97 seats compared to 26 for its biggest rival, the Workers’ Party, which won 10 last time, the most by an opposition party.

But though a PAP defeat is extremely unlikely, some analysts say the election could alter the dynamic of Singapore politics in the years ahead if the opposition can make more headway, with younger voters keen to see alternative voices, greater scrutiny and more robust debate.

“It is to be expected that (its) overall electoral support will gradually, gradually dip from general election to general election,” said National University of Singapore political scientist Lam Peng Er.

“Would Singaporeans be that surprised if the PAP’s electoral support were to dip to 57% or 58%? It will surprise nobody. I don’t think it will even surprise the PAP at all.”

The PAP for its part is keen to avoid upsets and warned voters of the consequences of seat losses for key cabinet members, whom Wong said were critical to balancing ties between the United States and China and navigating Singapore’s highly exposed economy through potentially choppy waters.

“I have backups … sure. But everyone knows that the team cannot function at the same level,” Wong told the 1.4 million-strong labor union on Thursday.

This post appeared first on cnn.com
0
FacebookTwitterGoogle +Pinterest
previous post
New report warns NATO’s data vulnerabilities could cost lives without US fix
next post
Trump administration takes hard line on Haitian violence, labels gangs foreign terrorist organizations

You may also like

Russian forces close in on key Ukrainian city...

August 26, 2024

Famed transgender dancer has shows canceled in China....

January 4, 2025

Ukraine says it struck a Russian air base...

July 5, 2025

CIA and MI6 heads make unprecedented joint public...

September 7, 2024

A conservationist is building bridges in the Amazon...

February 20, 2025

At least four killed and many ‘kidnapped’ in...

March 13, 2026

‘What is it if not a war crime?’...

May 28, 2025

Austrian mayor shot dead with suspect on the...

October 28, 2024

Israel recovers bodies of two dead hostagesfrom Gaza...

June 11, 2025

Europe’s busiest airport is set to get bigger,...

January 29, 2025

    Subscribe today to receive exclusive access to all our retirement secrets and income strategies, including special financial news and updates from our experts. From time to time, our newsletters feature valuable insights and analysis on the latest financial trends. Don't miss out on these exclusive updates – join our subscription to stay informed!


    By opting in you agree to receive emails from us. Your information is secure and your privacy is protected.



    Latest

    • From Biden’s ‘war’ on gas prices to ‘small price to pay’: GOP shifts tone as Iran conflict hits pumps

      March 13, 2026
    • US diplomatic facility in Iraq struck by drone

      March 13, 2026
    • From Biden’s ‘war’ on gas prices to ‘small price to pay,’ GOP shifts tone as Iran conflict hits pumps

      March 13, 2026
    • 171 million travelers face airport delays as Democrats’ DHS shutdown hits TSA staffing, Scalise warns

      March 13, 2026
    • FDA launches new AI-powered system to track drug and vaccine side effects nationwide

      March 13, 2026
    • Cornyn reverses on filibuster stance to push Trump’s SAVE Act in Senate

      March 13, 2026

    Categories

    • Business (855)
    • Investing (661)
    • Politics (7,925)
    • World News (3,213)

    Disclaimer: WhaleLargeCapital.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2026 whalelargecapital.com | All Rights Reserved