The country's election body declares the 66-year-old economist as the winner over two rival candidates after securing 70.4 percent of ballots cast.
The role of the president is largely ceremonial in Singapore, though the office is expected to ensure checks and balances on the government. / Photo: Reuters
"I declare Mr. Tharman Shanmugaratnam as the candidate duly elected as the president of Singapore," said election returning officer Tan Meng Dui on Friday."I believe that it's a vote of confidence in Singapore. It's a vote of optimism for a future in which we can progress together," Shanmugaratnam said in a speech before the results were announced.
Observers said Shanmugaratnam's win is a boost for the ruling People's Action Party , which is widely perceived to favour his candidacy.
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