Nivea Pestle Analysis

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Lee Hsien Loong was sworn in as Singapore’s third Prime Minister on 12 August 2004. Mr Lee was first elected Member of Parliament (MP) in 1984 as a candidate of the People’s Action Party (PAP) and has been re-elected six times, most recently in 2011 as an MP for the Ang Mo Kio Group Representation Constituency. He was elected to the Central Executive Committee of the PAP in 1986, and became its Secretary-General in 2004.

Mr Lee was appointed Minister of State in the Ministry of Trade and Industry (MTI) and the Ministry of Defence in 1984.

He was confirmed as full Minister for Trade and Industry in 1987, and was concurrently Second Minister for Defence. In 1985, Mr Lee chaired the Economic Committee, which recommended changes to long established government policies to reduce business costs and revive the economy during a severe recession, as well as policies to foster longer term growth, including drastic reduction of corporate and personal taxes and the introduction of a consumption tax.

In 1990, Mr Lee was appointed Deputy Prime Minister with responsibilities for economic and civil service matters.

He also concurrently served as Chairman of the Monetary Authority of Singapore (MAS) from 1998 until 2004, and Minister for Finance from 2001 until 2007. Mr Lee was appointed Chairman of Government of Singapore Investment Corporation (GIC) in June 2011. At the MAS, Mr Lee initiated reforms to liberalise the financial sector and to shift the emphasis from one-size-fits-all regulation towards a lighter supervisory touch, relying more on disclosure and caveat emptor.

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As Minister for Finance, he chaired the Economic Review Committee which in 2003 proposed strategies to further restructure and upgrade the economy.

Nivea Pestle Analysis

These included tax changes to make Singapore more competitive and a major restructuring of the Central Provident Fund system. As Prime Minister, Mr Lee has launched policies to build a competitive economy and an inclusive society. He has introduced new programmes to upgrade the education system, invest in R;D and infrastructure, and transform the city and living environment. Mr Lee chairs the Research, Innovation and Enterprise Council (RIEC), an international panel to oversee Singapore’s major effort in promoting R;D. Mr Lee’s Government is also strengthening Singapore’s social safety nets.

Significant measures include the Workfare Incentive Scheme, which is a negative income tax to encourage and reward older, low-income workers, and Community Care (ComCare), an endowment fund to support a wide range of welfare and social programmes targeted at the poor. By tackling long-term issues such as the ageing population and the pressures of globalisation, Mr Lee seeks to gear up Singapore to seize the abundant opportunities in a vibrant Asia. Before entering politics, Mr Lee was a Brigadier-General in the Singapore Armed Forces (SAF).

He attended the US Army Command and General Staff College at Fort Leavenworth, Kansas, and held various staff and command posts, including the Director of the Joint Operations and Plans Directorate, and Chief of Staff of the General Staff. Mr Lee was born on 10 February 1952 and completed his schooling in Singapore. He studied at the University of Cambridge, graduating with a B. A. in Mathematics and a Diploma in Computer Science. He subsequently earned a Masters in Public Administration from the Harvard Kennedy School.

First married to Wong Ming Yang in 1978, Mr Lee was widowed in 1982. He remarried Ho Ching in 1985. He has one daughter and three sons. Mr Lee enjoys reading, walking, listening to classical music and tinkering with computers. Career |  | 2004 –| Prime Minister Chairman, Research, Innovation and Enterprise Council (RIEC) Chairman, Government of Singapore Investment Corporation (2011)|  2001 – 2007 | Minister for Finance| 1998 – 2004 | Chairman, Monetary Authority of Singapore|  1990 – 2004 | Deputy Prime Minister| 987 – 1992 | Minister for Trade and Industry| 1987 – 1990 | Second Minister for Defence| 1984 – 1987 | Minister of State for Ministry of Trade and Industry ;  Ministry of Defence| 2004 –| Secretary-General, People’s Action Party|  1992 – 2004 | First Assistant Secretary-General, People’s Action Party|  1989 – 1992 | Second Assistant Secretary-General, People’s Action Party|  1986 – 1989 | Member, Central Executive Committee of the People’s Action Party|  1984 –| Member of Parliament First elected in 1984, and re-elected in 1988, 1991, 1997, 2001, 2006 and 2011)|  1982 – 1984| Chief of Staff of the General Staff|  1983 – 1984 | Director of the Joint Operations and Plans Directorate|  1978 – 1979 | Attended the US Army Command and General Staff College at Fort Leavenworth, USA|  1971| Completed Officer Cadet Course at SAFTI and commissioned as 2nd Lieutenant in the SAF |  |  | Academic|  | 979 – 1980| Mason Fellow at the Kennedy School of Government, Harvard University; graduated with a Master’s Degree in Public Administration| 1974| University of Cambridge, UK; graduated as a Wrangler in the Mathematics Tripos (equivalent to First Class Honours) and with a Diploma in Computer Science (with Distinction)| 1971| Awarded the SAF Scholarship| 1970| Awarded the President’s Scholarship| 1970| National Junior College| 1964 – 1969| Catholic High School| 1958 – 1963| Nanyang Girls’ High School (Co-Ed Primary Section)| LEADERSHIP

August 2004, aged 52, was picked on a beam of Singapore Prime Minister Lee Hsien Loong, took office after the first challenge is to save the economy. Singapore economy of the Asian emerging economies (China, India) affect commerce, and ? 0 0 years, average economic growth for three years only one. Eight percent. Due to the relocation of manufacturing a large number, the unemployment rate in 2003 is also up to four. But a few years, Singapore’s economy completely transformed. From the flattening out of the “moderate growth of the country”, to two 0 0 ?

IMD ranking of national competitiveness, beyond the Nordic Denmark, entry into the second after the United States competitive. Last year, Singapore’s economic growth rate of seven. Seven percent, the unemployment rate down to the end of a decade low of one. Six percent. Succession from his father Lee Hsien Loong, after taking office, to prove their leadership, not just rely on the father. In fact, Lee’s leadership, the leaders from Singapore on the long-term, planned training. Singapore has the world’s highest civil service pay, is to develop a good design is one of the government to work and live.

Prime Minister Lee Hsien Loong’s annual salary ? 0 fifty thousand dollars (about sixty-five million NT dollars), is the head of the world’s highest annual salary, is five times Bush, Yasuo Fukuda’s eight times, 11 times Chen Shui-bian. Last year, the head of the Singapore Parliament to review the salaries, Lee Hsien Loong’s speech in response to Congress that the Singapore leadership team to develop understanding, ability, in addition to salaries, more importantly, long-term retention of good talent in the government. Prime Minister Goh Chok Tong, senior politicians in 1976, the government in the mill 14 years until 1990 when the Prime Minister and I 1984 in politics, but the mill for twenty years in government, to two 0 0 four years as prime minister. I’m the Deputy Prime Minister seat in the world was to be the oldest person! “Lee described the leaders of Singapore to develop patience. Recently, Lee Hsien Loong of Singapore is ready to begin developing the fourth generation successor.

He said, “I am already 55 years old, began to keep the pension, and I do not want to have a seven-year-old Singapore’s future prime minister,” So, he looks to convince people into the thirties, the Singapore government, “I want to in this age group to find the best people, the best choice to the people of Singapore. ten years later, this group of people, at least one person to become prime minister. ” Year before the election, Lee Hsien Loong extensive private business, search this age professionals to run for public office.

Many professionals are convinced of the civil – – accountants, lawyers, doctors, etc. , are required to give a higher salary to politics. “Difficult to convince these people in China, government officials have” sea “to do business; in Singapore, I told these people for the runway, said politics is” climbing “, very hard to carefully consider,” Lee said. Political leaders, in the eyes of Lee Hsien Loong, to be both “leadership” and “management” two abilities. If the head of government would shout slogans, but unfamiliar with the business sector, big trouble,” Lee said, “heads of government departments not only to master the situation, when the chairman of the board, sometimes need to play the chief executive (CEO). Not only to direction, more capacity out of the policy implementation. ” Make everyone feel fair Singapore is in addition to Monaco, Macau and Hong Kong, the population density is highest. However, although the current four million residents, but twenty-five percent are foreigners.

Their own people, three quarters of the population are Chinese, Malays who practice Islam are accounted for fourteen percent, the Hindu Indians accounted for eight percent, in addition to Europe and Asia mixed. Complex race, with full liberalization of the global economy, Singapore’s leaders the ability to gather consensus and recognition is more challenging. Lee believes that maintaining the principle of fairness and justice, is in addition to culture, art, life and other emotional factors, the more critical leadership. Everyone needs to accumulate their assets in this society as long as trying to prove yourself, you can succeed, climbing rose, which is particularly important for the pluralistic society, otherwise, it will feel worth the effort, not worth it to stay,” Lee told the U. S. public television interview. Globalization raids by the small city-state, half of the population in Singapore every year and out the door several times, Singapore has become Asia’s most national consciousness, national brand awareness in the world. Obviously, Lee Hsien Loong on how to play the globalization of the new Asian leaders, have their own set of.