The Presidential Daily Brief

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  1. Asian Hub Adjusts to World City Status

    As Singapore prepares to mark the 50th anniversary of its independence, are cracks appearing in its gleaming facade? Under the steely leadership of Lee Kuan Yew, post-1965 Singapore transformed itself from a colonial backwater to one of the world’s leading economies, favored by many multinational companies seeking an Asian hub. But globalization, high immigration and low birth rates are challenging the state’s identity politics and, for the first time, the ruling People’s Action Party is threatened by political challengers.

    FT (sub)

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