Managing Director of the Monetary Authority of Singapore (MAS) Heng Swee Keat speaks during an interview with Reuters in Singapore September 5, 2006. REUTERS/Nicky Loh
SINGAPORE (Reuters) - Singapore has named Heng Swee Keat its finance minister, replacing Tharman Shanmugaratnam, who will remain deputy prime minister and maintain an important economic role after a spate of weak indicators.
The appointments, two weeks after an election victory for the ruling People's Action Party (PAP), suggest Prime Minister Lee Hsien Loong wants experienced hands to steer the S$390 billion (179.68 billion pounds) economy through choppy waters.
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