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Singapore’s First PM, Lee Kuan Yew dies

 

Reportedly, Singapore’s founding father Lee Kuan Yew died on Monday aged 91.

He was also behind  the tiny city-state’s quick  rise from British military outpost to reach  global trade and financial center.

Even if  Lee had withdrew from public and political life for the past few years, he remains to be an influential figure in the government of Prime Minister Lee Hsien Loong, his oldest son.

Although  after stepping down as leader in 1990 as the world’s then longest-serving prime minister  Lee continued  on in the cabinet until 2011. He was a parliament member until his death.

As chief, Lee collaborated  market-friendly policies with strict controls over the press, public protest and his political opponents. He was labeled  by some as a visionary, at the same time clammed  by others as authoritarian.

Lee’s passing  and his son’s expected retirement within the next few years will erve as  an end of an   era, however industry leaders say any development  of the guard will have little effect on business in the city-state, renowned for its robust institutions.

Meanwhile, thopusands of supporters  are expected to give  their respects at the Istana,  a posh colonial-era building in the busy  downtown shopping district of Orchard Road.


article source: abs cbn news, from Singaporean news