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Three months after future Singapore PM thrown into question, where do the contenders stand? | Singapore

Monday, 12 Jul 2021 08:11 AM MYT From left: Finance Minister Lawrence Wong, Education Minister Chan Chun Sing and Health Minister Ong Ye Kung. Singapore Ministry of Communications and Information pic via TODAY Follow us on Instagram and subscribe to our Telegram channel for the latest updates. SINGAPORE, July 12 At the Istana’s banquet hall three months ago, Prime Minister Lee Hsien Loong, flanked by Deputy Prime Minister Heng Swee Keat and other fourth-generation People’s Action Party (PAP) leaders, delivered the bombshell news that Heng, 60, would step aside for a younger person to lead the 4G team. The unprecedented situation on April 8 of the PM-designate unexpectedly bowing out of contention was a “setback” for the party’s succession plans, as the 4G PAP ministers collectively said in a statement then.

The Uber killer that became a financial super-app

The Uber killer that became a financial super-app © Getty Images When Microsoft s Bill Gates said in 1994 that banking is necessary, banks are not , financiers and analysts alike dismissed the claims as the wild musings of an over-imaginative techie. Popular Searches Fast forward a few decades and that vision is fast becoming reality. Grab is one of the most dominant super apps in Asia, offering rides, food delivery and now, financial services. That includes loans, insurance, payments and investments - all accessed through a mobile phone app. Launched in 2012 as a ride-hailing app like Uber, Grab has since expanded broadly. In 2018, it pushed Uber out of South East Asia.

Grab: How an Uber killer became a powerful Asian super-app

Grab: How an Uber killer became a powerful Asian super-app By Karishma Vaswani image copyrightGetty Images When Microsoft s Bill Gates said in 1994 that banking is necessary, banks are not , financiers and analysts alike dismissed the claims as the wild musings of an over-imaginative techie. Fast forward a few decades and that vision is fast becoming reality. Grab is one of the most dominant super apps in Asia, offering rides, food delivery and now, financial services. That includes loans, insurance, payments and investments - all accessed through a mobile phone app. Launched in 2012 as a ride-hailing app like Uber, Grab has since expanded broadly. In 2018, it pushed Uber out of South East Asia.

Grab: How an Uber killer became a powerful Asian super-app

Grab: How an Uber killer became a powerful Asian super-app
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

Grab: How an Uber killer became a powerful Asian super-app

Grab: How an Uber killer became a powerful Asian super-app
bbc.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bbc.co.uk Daily Mail and Mail on Sunday newspapers.

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