Heng's remark raises prospect of tax on private wealth

Finance Minister Heng Swee Keat (centre) seated between NTU President Bertil Andersson and Mr Robin Hu, Head, Sustainability and Stewardship Group, Temasek. Seen next to Mr Andersson is Ms Foo Mee Har, CEO of the Wealth Management Institute at NTU, w
Finance Minister Heng Swee Keat (centre) seated between NTU President Bertil Andersson and Mr Robin Hu, Head, Sustainability and Stewardship Group, Temasek. Seen next to Mr Andersson is Ms Foo Mee Har, CEO of the Wealth Management Institute at NTU, who is also an MP for West Coast GRC.PHOTO: NTU