19 Jun '11, 9pm

Presidential hopefuls work out campaign budgets: by Leong Wee Keat SINGAPORE - After announcing their bids for p...

SINGAPORE - After announcing their bids for presidency, the two hopefuls are now working out how much their election campaigns would likely cost. Former NTUC Income chief Tan Kin Lian expects the budget for his election campaign to be "$100,000 to $200,000". The 63-year-old wrote on his blog yesterday he would "personally contribute to a significant part of the expenses" but would need donations from his supporters. Former People's Action Party (PAP) MP Tan Cheng Bock, the other presidential contender, expects his campaign budget to be "quite high". "Because our operations are island-wide, easily half a million," he said. When asked how he would raise the money, Dr Tan replied he would rely on his own resources and donations from friends who support his philosophy. The 71-year-old is undecided about receiving donations through anonymous members of the public for now but st...

Full article: http://www.todayonline.com/Singapore/EDC110620-0000213/Pr...

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