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[6] [7] [8] On 10 July, the party won none of the constituencies, and their five-member team for Pasir Ris–Punggol GRC team had lost a combined $67,500 election deposit (five times the deposit of $13,500 per candidate) for garnering only 12.18% of the votes, falling just 0.32% short of the one-eighth threshold (12.5%) in order to keep their ...
The deposit for the 2023 presidential election is S$40,500. [150] The deposit is returned if the person is not nominated as a candidate, withdraws his or her candidature, or is eventually elected. [151] If a candidate contested the election, the deposit is only repaid if he or she polled more than one-eighth (12.5%/45°) of the total number of ...
Ng received 15.72% of the vote and two-time presidential candidate Tan received 13.87%, the latter having improved his performance over 2011 when he had done so poorly as to lose his election deposit. Tharman was inaugurated on 14 September as the ninth president of Singapore. [2]
Singapore is expected to roll out a generous budget ahead of an election as the ruling party seeks to appease voters who are feeling the pinch from a sharp economic downturn, analysts say. Prime ...
On 30 June 2020 from 11 am to 12 noon SGT, each candidate filed their nomination papers (along with the approval of a proposer, a seconder and at least four assentors), a political donation certificate (by before 26 June), and paid an election deposit of S$13,500 (down from S$14,500 in the previous 2015 election, but also the same amount as ...
Stocks tumbled on Friday as the post-election rally fizzled and investors fretted over the path of interest rates. The Dow Jones Industrial Averag e lost 305.87 points, or 0.70%, to end at 43,444. ...
In the United States, the real interest rate was -0.90% in 2021. How the US Banking System Compares. Most countries have central banks responsible for controlling the currency, much like the ...
2 April – Joseph Schooling, who won Singapore's first ever Olympic gold medal, retires from swimming at 28. [25]15 April – Lee Hsien Loong announces his resignation as the Prime Minister of Singapore effective on 15 May 2024, paving the way for the assumption of Deputy Prime Minister and Finance Minister Lawrence Wong as the next Prime Minister of Singapore.