logo
First tranche of GE2025 candidate expenses published, with highest spending being over S$100,000

First tranche of GE2025 candidate expenses published, with highest spending being over S$100,000

Business Times29-05-2025

[SINGAPORE] A total of 35 candidates who contested the May 3 General Election have declared their election expenses so far, with their combined spending coming up to S$884,978.
On May 28, their election returns were made available on the Elections Department's (ELD) website.
Election candidates here are required under the law to declare how much they spent and what the money was used for, to ensure accountability and transparency of campaign finances. Candidates from the 2025 General Election have until Jun 16 to do so.
Among those who have submitted their election expenses, average spending worked out to be S$25,285 per candidate. But individual candidates' expenses ranged widely – some did not spend a single cent, while one spent more than S$100,000.
The 35 candidates who have submitted their returns include those from the PAP, PSP, National Solidarity Party (NSP), People's Alliance for Reform (PAR), Red Dot United (RDU) and Singapore People's Party (SPP).
Candidates – one from each party – from the Singapore Democratic Party (SDP), People's Power Party (PPP) and Singapore Democratic Alliance (SDA) have submitted their election expenses, as have the two independent candidates – SMU law graduate Darryl Lo and retired businessman Jeremy Tan.
BT in your inbox
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
Sign Up
Sign Up
So far, no WP candidate has submitted his or her returns.
This means there are 176 candidates who either have not submitted their election expenses, or whose submissions have not yet been announced on the Government Gazette.
From this initial batch of returns, the PAP topped the list of average amount spent per candidate at S$77,751, followed by the PSP at S$32,303, and the NSP at S$24,378. At the bottom of the list were RDU at S$1,297, and PAR at S$898.
There were seven candidates who declared no election expenses – RDU's Sharad Kumar, David Foo and Pang Heng Chuan, the SDP's Alec Tok, the SDA's Harminder Pal Singh, and the SPP's Lim Rui Xian and Muhammad Norhakim.
The PPP's Samuel Lee declared election spending of S$100, under the category of 'other expenses'. In a TikTok post on May 27, Lee said he had resigned from the PPP effective from May 23 to pursue new opportunities.
Meanwhile, Tan, who contested Mountbatten, spent S$16,075, while Lo, who contested Radin Mas, spent S$12,213. More than half of Tan's spending was on his sole rally at the Home of Athletics on May 1, while the bulk of Lo's spending went to non-online election advertising, which covers things like pamphlets, posters, banners and flags.
The top spender for now is the PAP's Goh Pei Ming at S$104,085. More than half of this was spent on non-online election advertising.
The former Singapore Armed Forces chief of staff and his PAP Marine Parade-Braddell Heights GRC teammates were the only ones to win in a walkover on Nomination Day. In all, they spent a total of S$388,756 this election.
The only other full team which has submitted its expenses is the NSP's team for Sembawang GRC, which spent S$121,888.
Besides their expenses, candidates also have to declare how much they received from donors.
Among the 35, only RDU's Ben Puah, who contested Jurong East-Bukit Batok GRC, has declared donations received. He received a total of S$280 from anonymous donors, who gave the money via six separate transactions on the PayNow digital payment platform that ranged from S$10 to S$100. He spent S$109 this election.
Meanwhile, the RDU's Madam Kala Manickam has declared disputed claims of S$1,365, consisting of S$404 in food expenses for candidates and volunteers, S$66 in transport charges for volunteers, as well as S$895 for the cost of printing additional fliers during the campaigning period.
According to the ELD's website, such claims occur when 'an election agent disputes any claim in respect of election expenses incurred by the candidate, and refuses or fails to pay the claim within the specified time period of 28 days'. The Straits Times has sent a query to the ELD.
When contacted, Madam Kala said the disputed claims were for expenses that the RDU declined to reimburse. She added that her election agent had advised her to file it under disputed claims.
'The party told me to raise petty cash to claim back my money, but when I submitted it after the election, they said the spending was not endorsed by the party. They also said I didn't manage to bring in donations, so they did not reimburse me,' she said.
She added that she would bear the costs herself since she had run for elections to serve the country.
As with previous elections, candidates generally spent the most on non-online election advertising, which includes things like posters, banners and flags. The total spending in this category across the 35 candidates amounted to S$516,761, or more than half of all declared election expenses so far.
Other big-ticket items included online election advertising expenses as well as election meeting expenses, which covers costs to hold rallies.
People who wish to inspect candidates' election expenses can do so by logging into the ELD's digital service using their Singpass. THE STRAITS TIMES

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Teo Chee Hean to succeed Lim Boon Heng as Temasek chairman from October
Teo Chee Hean to succeed Lim Boon Heng as Temasek chairman from October

Online Citizen​

timea day ago

  • Online Citizen​

Teo Chee Hean to succeed Lim Boon Heng as Temasek chairman from October

Temasek Holdings announced on 6 June that former Senior Minister Teo Chee Hean will assume the role of chairman on 9 October 2025, following the conclusion of its third-quarter board meeting. He will first join Temasek's board of directors as deputy chairman on 1 July, according to a press release issued by the state investment firm. Teo will be Temasek's fifth chairman. His appointment follows his retirement from politics in April this year. He did not stand for re-election during the most recent General Election. Temasek highlighted Teo's experience over 53 years in public service, including military and ministerial appointments, and noted his involvement in policymaking on issues such as national security, digital governance, and climate change. Teo, 70, began his public service career in the Republic of Singapore Navy, rising to become Chief of Navy before entering politics in 1992. He first contested in Marine Parade GRC and later represented Pasir Ris-Punggol GRC in Parliament until his retirement. In Cabinet, he held portfolios in defence, education, home affairs, and the environment. Between 2009 and 2019, he served as Deputy Prime Minister and subsequently as Senior Minister and Coordinating Minister for National Security until stepping down. Temasek described Teo's strategic understanding of global and domestic issues as a valuable asset in a time of evolving global challenges. Prime Minister Lawrence Wong, who is also Minister for Finance, acknowledged Lim Boon Heng's tenure, thanking him for his service. He credited Lim with expanding Temasek's international presence, reinforcing governance standards, and promoting sustainability. The Prime Minister also expressed support for Teo's appointment, citing his familiarity with Singapore's strategic priorities and public service record. Lim, who has served as Temasek chairman since 2013, will retire after over a decade in the role. He joined the board in 2012, following his own retirement from politics in 2011. His earlier public service included positions such as Minister in the Prime Minister's Office and Secretary-General of the National Trades Union Congress. During Lim's chairmanship, Temasek's net portfolio value rose from S$223 billion (US$174 billion) in 2014 to S$389 billion (US$303 billion) in the latest financial year. The company also expanded its global presence, with close to half of its 13 offices now located in Europe and the United States. Exposure to developed markets doubled over this period. Temasek credited Lim with placing emphasis on leadership renewal and internationalisation, and for guiding the firm through a significant leadership change in 2021 when Dilhan Pillay succeeded Ho Ching as CEO. Under Lim's leadership, Temasek also launched initiatives such as the Ecosperity conference and Tripartite Conversations, which aim to advance sustainability and collaboration across its investment ecosystem. Temasek further acknowledged his role in shaping its T2030 strategy in 2019, a 10-year roadmap to build a resilient portfolio. Reflecting on his term, Lim said he was privileged to work with a team focused on long-term value and purpose. He welcomed Teo's appointment, noting the value of his experience in guiding Temasek through evolving global conditions. Lim remains the chairman of NTUC Enterprise Co-operative Limited. In response, Teo expressed appreciation for Lim's contributions and said that the global climate today requires clarity on strategic priorities such as security, international relations, and sustainability. He stated that he looked forward to supporting Temasek's leadership team in building on the company's achievements while adapting to the future. CEO Dilhan Pillay described Lim as a steward leader whose principles helped define Temasek's identity. He also welcomed Teo, noting that his experience would be instrumental as the firm navigates global shifts. Temasek also announced board retirements taking effect in the coming months. Deputy chairman Cheng Wai Keung and director Stephen Lee will retire on 30 June after nearly 14 and 8 years of service respectively. Director Bobby Chin will step down on 31 July after 11 years. Temasek said their contributions supported investment and portfolio decision-making and strengthened its global outlook on governance and risk.

Former senior minister Teo Chee Hean to take over from Lim Boon Heng as Temasek chairman
Former senior minister Teo Chee Hean to take over from Lim Boon Heng as Temasek chairman

AsiaOne

timea day ago

  • AsiaOne

Former senior minister Teo Chee Hean to take over from Lim Boon Heng as Temasek chairman

Former Senior Minister Teo Chee Hean will join Temasek Holdings as its deputy chairman on July 1 and succeed Lim Boon Heng as chairman on Oct 9, the Ministry of Finance and Temasek announced on Friday (June 6). In response to his appointment, Teo said he is looking forward to "build on the achievements of Temasek and chart a path for its continued success in the new global environment". "As a key Singapore institution with a global investment footprint, Temasek understands that its long-term success requires both addressing today's risks and opportunities and anticipating tomorrow's trends," he added. Teo's appointment in Temasek comes after he retired from politics following the General Election in May. Before helming the role of Senior Minister in 2019, Teo served as Deputy Prime Minister from 2009 and Coordinating Minister for National Security from 2011 till his retirement. Dilhan Pillay Sandrasegara, Temasek Executive Director and CEO, said: "I'm pleased to welcome Mr Teo Chee Hean as our fifth remarkable public service career across multiple domains speaks for itself," adding that Temasek can benefit from Teo's perspectives and extensive experiences. Prime Minister Lawrence Wong, who is the Finance Minister, welcomed Teo as the incoming chairman and said: "I am confident he will build on Temasek's strong foundations, and steer its continued success in an increasingly complex global environment." Lim Boon Heng to step down as chairman Lim will end his 12-year tenure as chairman and step down from the Temasek Board on Oct 9. Since Lim was appointed chairman, Temasek's net portfolio value grew from $223 billion in 2014 to $389 billion in 2024. PM Wong said: "I thank Mr Lim for his dedicated service at Temasek. Under his stewardship, Temasek has expanded its global presence, strengthened its governance processes, and established itself as a leader in sustainable development." As part of its board renewal process, Temasek also announced that deputy chairman Cheng Wai Keung and director Stephen Lee will retire from the board on June 30 after 14 years and eight years of service respectively. Bobby Chin, a director, will also retire on July 31 after serving for 11 years. [[nid:717765]]

Former senior minister Teo Chee Hean to take over from Lim Boon Heng as Temasek chairman , Singapore News
Former senior minister Teo Chee Hean to take over from Lim Boon Heng as Temasek chairman , Singapore News

AsiaOne

timea day ago

  • AsiaOne

Former senior minister Teo Chee Hean to take over from Lim Boon Heng as Temasek chairman , Singapore News

Former Senior Minister Teo Chee Hean will join Temasek Holdings as its deputy chairman on July 1 and succeed Lim Boon Heng as chairman on Oct 9, the Ministry of Finance and Temasek announced on Friday (June 6). In response to his appointment, Teo said he is looking forward to "build on the achievements of Temasek and chart a path for its continued success in the new global environment". "As a key Singapore institution with a global investment footprint, Temasek understands that its long-term success requires both addressing today's risks and opportunities and anticipating tomorrow's trends," he added. Teo's appointment in Temasek comes after he retired from politics following the General Election in May. Before helming the role of Senior Minister in 2019, Teo served as Deputy Prime Minister from 2009 and Coordinating Minister for National Security from 2011 till his retirement. Dilhan Pillay Sandrasegara, Temasek Executive Director and CEO, said: "I'm pleased to welcome Mr Teo Chee Hean as our fifth remarkable public service career across multiple domains speaks for itself," adding that Temasek can benefit from Teo's perspectives and extensive experiences. Prime Minister Lawrence Wong, who is the Finance Minister, welcomed Teo as the incoming chairman and said: "I am confident he will build on Temasek's strong foundations, and steer its continued success in an increasingly complex global environment." Lim Boon Heng to step down as chairman Lim will end his 12-year tenure as chairman and step down from the Temasek Board on Oct 9. Since Lim was appointed chairman, Temasek's net portfolio value grew from $223 billion in 2014 to $389 billion in 2024. PM Wong said: "I thank Mr Lim for his dedicated service at Temasek. Under his stewardship, Temasek has expanded its global presence, strengthened its governance processes, and established itself as a leader in sustainable development." As part of its board renewal process, Temasek also announced that deputy chairman Cheng Wai Keung and director Stephen Lee will retire from the board on June 30 after 14 years and eight years of service respectively. Bobby Chin, a director, will also retire on July 31 after serving for 11 years. [[nid:717765]]

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store