27 Jan '13, 11am

Election loss forces Singapore into delicate balancing act

Election loss forces Singapore into delicate balancing act

SINGAPORE (Reuters) - It was just one seat in parliament but the loss of a by-election this weekend will force Singapore 's long-ruling People's Action Party (PAP ) to take a hard look at how it balances investor and voter needs in one of the world's biggest financial centers. With anger rising in the wealthy Asian city-state over soaring living costs, reliance on foreign workers and a widening income gap, the opposition Workers' Party took the PAP-held seat in the Punggol East ward by a convincing margin of nearly 11 percent in Saturday's poll. The PAP, which has dominated politics since 1959, will keep its grip in parliament with 80 of 87 elected seats and is not likely to be supplanted at the helm of the island of 5.3 million people in the near future. But the rise of the Workers' Party from a fragmented opposition and its seven seats in parliament point to eroding supp...

Full article: http://news.yahoo.com/election-loss-forces-singapore-deli...

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Election loss forces Singapore into delicate ba...

reuters.com 27 Jan '13, 11am

By John O'Callaghan SINGAPORE | Sun Jan 27, 2013 6:32am EST SINGAPORE (Reuters) - It was just one seat in parliament but t...

Election loss forces Singapore into delicate ba...

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