Singapore

September 2005 | Risk Summary

Singapore's incumbent president, S.R. Nathan, will serve a second six-year term, after three aspiring candidates were disqualified on eligibility grounds. Among the strict requirements for the job are experience in heading a state agency or a company with capital of at least SGD100mn (US$60mn). Although the post is largely ceremonial, the public was excited by the possibility of a contest for the first time since 1993. Prime Minister Lee Hsien Loon came into power last year pledging greater political openness for Singapore, including increased powers for the president to provide a further check on spending. The unopposed election of a

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