Market1993 Singaporean presidential election
Company Profile

1993 Singaporean presidential election

Presidential elections were held in Singapore on 28 August 1993. Following amendments to the Constitution in 1991, presidential elections since then are to be directly elected by citizens for a six year term. Incumbent president Wee Kim Wee, who had been elected by Parliament in 1989, did not seek re-election.

Background
Constitution amendments In January 1991, the Constitution of Singapore was amended to provide for the popular election of the President for a six-year term. The creation of the elected presidency was a major constitutional and political change in Singapore's history. Under the revision, the president has veto powers over the spending of the national reserves, monetary policies and appointments in the civil service, government companies and the statutory boards. The president's veto powers checks the government by preventing the misuse of the national reserves and ensuring that the public service is impartial. The president must consult the Council of Presidential Advisers (CPA) on matters relating to past reserves and the appointment and removal of key office holders. The president may veto the government's proposals in the following areas: • Changes to the investment powers of the Central Provident Fund Board, • Restraining orders under the Maintenance of Religious Harmony Act, • Continued detention under the Internal Security Act, and • Refusal of investigations by the Corrupt Practices Investigation Bureau. There are strict requirements for prospective election candidates, and whether a candidate meets the qualifications or not is decided by the Presidential Elections Committee (PEC). In short, candidates must satisfy either the public sector or private sector requirements. The public sector requirement has an automatic track where the candidate has held either a designated public office or chief executive position of a key statutory board or government company. The private sector requirement also has an automatic track where the candidate has held a chairmanship or CEO position of a company with S$100 million paid-up capital. Not withstanding the automatic tracks of the aforementioned, candidates could also be qualified on a deliberative track where their abilities and experiences have been assessed by the PEC to be equivalent to either of the public or private sector automatic track requirements. By virtue of the transitional provisions in the Constitution of Singapore, Ong's predecessor Wee Kim Wee exercised, performed and discharged all the functions, powers and duties of an elected president as if he had been elected to the office of President by the citizens of Singapore. ==Candidates==
Candidates
Eligible Declared Ineligible Declined to be candidates ==Nomination Day==
Nomination Day
Candidates needed to obtain a Certificate of Eligibility from the Presidential Elections Committee, and pay an election deposit of S$18,000, three times that of a Parliamentary candidate, in order to file their nomination papers. Ong had earlier resigned as Deputy Prime Minister, MP for Toa Payoh GRC, and party member of the People's Action Party (PAP) in order to contest in the election. Ong was backed by influential leaders such as Prime Minister Goh Chok Tong and Senior Minister Lee Kuan Yew. One of the assentors for Ong was Halimah Yacob, who would later go on to become the 8th President of Singapore 24 years later. However, some members of the Cabinet and the PAP supported Chua, including Minister for Finance Richard Hu and Chairman and CEO of OCBC Bank Tony Tan, who would later go on to become the 7th President of Singapore 18 years later in 2011. Workers' Party members J. B. Jeyaretnam and Tan Soo Phuan also applied for the nomination, but were not awarded the Certificate of Eligibility. Chua's Campaign Chua was a reluctant candidate and had to be persuaded by the government to stand in, so that the election would not be an uncontested walkover, and at the same time, the electorate could choose between two good candidates. The 10-day campaign was supposed to be a "gentlemen's election", free of flag-waving and noisy rallies. However, Chua took it to the extreme, unconventionally urging supporters not to campaign for him. He appeared on TV only twice – once avoiding any mention of himself or his views, and even announced on polling day that Ong was the better candidate. ==Results==
Results
File:The Straits Times, 29 August 1993.jpg|thumb|upright|"Voters choose [Ong] Teng Cheong." The headline on page 1 of The Sunday Times on 29 August After polls closed, the Returning Officer Ong Kok Min officially declared Ong Teng Cheong as Singapore's first president-elect having secured 58.69 percent of the valid votes cast. The announcement was made at the Singapore Conference Hall, the designated venue for the official tabulation and declaration of results. His opponent, Chua Kim Yeow garnered a noteworthy 41.3 percent of the vote. This outcome was considered unexpectedly strong, given his low public profile and limited campaigning efforts. Analysts attributed his performance to a segment of the electorate that frequently withheld support for the ruling PAP during general elections and may have viewed Chua as a viable alternative or a symbolic protest candidate. ==References==
tickerdossier.comtickerdossier.substack.com