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