Lee Hsien Loong

Lee Hsien Loong (simplified Chinese: 李显龙; traditional Chinese: 李顯龍; pinyin: Lǐ Xiǎnlóng; POJ: Li Hian-liong; born 10 February 1952) is the third and current Prime Minister of Singapore. Lee Hsien Loong is married to Ho Ching, who is the Executive Director and Chief Executive Officer of the government-owned Temasek Holdings. He is the eldest son of former Prime Minister Lee Kuan Yew.

Foreign relations

Singapore has generally had a favourable relationship with the United States. The growth of bilateral trade improved commercial and diplomatic ties between the two countries after the implementation of the U.S.-Singapore Free Trade Agreement and the growth in bilateral trade has been evident since the Free Trade Agreement became effective on 1 January 2004.

Lee made his inaugural visit to the United States, as Prime Minister of Singapore, between 6 July and 16 July 2005. Several other ministers, notably the defence minister Teo Chee Hean and foreign minister George Yeo, accompanied Lee.

On 12 July 2005, President George W. Bush and Lee signed the "Strategic Framework Agreement between the United States of America and the Republic of Singapore for a Closer Cooperation Partnership in Defence and Security". The agreement was a natural step in the expansion of bilateral ties. President Bush and the then Prime Minister Goh Chok Tong had first announced their intention to conclude this agreement in October 2003.

The intention of the agreement is to address common threats such as terrorism and the proliferation of Weapons of mass destruction (WMD), which called for even closer cooperation between the United States and Singapore.

Early political career

Lee entered politics at the age of 32 in 1984. He was appointed Minister of State in the Ministry of Trade and Industry and the Ministry of Defence in December 1984 by his father, Lee Kuan Yew, and was subsequently promoted to Acting Minister for Trade and Industry in 1986, and the Second Minister for Defence.

Deputy Prime Minister

When Goh Chok Tong became the Prime Minister of Singapore on 28 November 1990, Lee became the Deputy Prime Minister of Singapore. He focused on economic and civil service matters and concurrently served as Minister for Trade and Industry until 1992.

Lee was appointed Chairman of the Monetary Authority of Singapore in 1998, and Minister for Finance in 2001. During Lee's thirteen and a half years as Deputy Prime Minister, he exerted significant influence on Singapore's governance, especially in economic and social affairs.

To ease the growing budget deficit due to falling tax revenues from cuts in corporate and personal income taxes and other factors such as the Iraq War and Sars outbreak, Lee proposed on 29 August 2003 to raise the GST from three percent to five percent, a change that took place in January 2004.

Lee also initiated several relaxations of the requirements for Singapore citizenship, especially for foreign husbands of Singaporean women and foreign-born children of Singaporeans. The changes were made after repeated pleas from MPs and the Remaking Singapore Committee.

Defamation judgment

On 24 September 2008, High Court, in a summary judgment by Justice Woo Bih Li, ruled that the Far Eastern Economic Review (FEER) magazine-Hugo Restall, editor, defamed Lee Kuan Yew and his son, Prime Minister Lee Hsien Loong. The court found the 2006 article "Singapore's 'Martyr': Chee Soon Juan" meant that Lee Kuan Yew "has been running and continues to run Singapore in the same corrupt manner as Durai operated NKF and he has been using libel actions to suppress those who would question to avoid exposure of his corruption." FEER has 30 days to appeal. The court sentenced FEER publisher and editor, owned by Dow Jones & Company (in turn owned by Rupert Murdoch's News Corp), to pay damages to complainants.

Defamation lawsuit

In 2010, Lee Hsien Loong, together with the two former prime minister preceded him, Lee Kuan Yew and Goh Chok Tong, threatened legal action against The New York Times Company which owns The International Herald Tribune regarding an Op-Ed piece titled ‘All in the Family’ of 15 February 2010 by Philip Bowring, a freelance columnist and former editor of The Far Eastern Economic Review. The Herald Tribute apologized in March that readers of the article may ‘infer that the younger Lee did not achieve his position through merit’. The Times and Bowring also agreed to pay SG$60,000 to Lee, SG$50,000 to Lee Kuan Yew and SG$50,000 to Goh (total amounted to about US$114,000 at the time), in addition to legal costs. The case stemmed from a 1994 settlement between the three Singaporean leaders and the paper about an article also by Bowring that referred to ‘dynastic politics’ in East Asian countries including Singapore. In that settlement, Bowring agreed not to say or imply that the younger Lee had attained his position through nepotism by his father Lee Kuan Yew. In response, media rights watchdog Reporters Without Borders wrote an open letter to urge Lee and other top officials of the Singapore government to stop taking ‘libel actions’ against journalists.

Salary

Lee Hsien Loong currently earns an annual salary of S$3,870,000 (US$2,856,930), an increase of 25% from S$3,091,200 (US$2,037,168), making him the highest paid head of government in the world. In comparison, the President of the United States earns a salary of US$400,000. The new salary took effect in January 2008.