FINANCE Minister Tharman Shanmugaratnam said yesterday that his appointment as the minister coordinating economic and social policy signals a new phase in the Government's commitment to inclusive growth. But instead of rushing to implement popular policies that play to the gallery, his job will be to listen to feedback and formulate policies that are right for Singapore.

MINISTER Mentor Lee Kuan Yew, 87, and Senior Minister Goh Chok Tong, 69, have announced their retirement from the Cabinet.In an unexpected joint statement on Saturday evening, they wrote: 'We have studied the new political situation and thought how it can affect the future. We have made our contributions to the development of Singapore.'

IN THE weeks and months ahead, the People's Action Party will be 'soul-searching and studying' how best to adapt to a 'new electorate,' said Prime Minister Lee Hsien Loong early on Sunday.Although Foreign Minister George Yeo has lost his seat in Parliament, Mr Lee indicated that his call for a 'transformed PAP', made at a rally on Thursday, would not go unheeded.

WE CAN do better the next time. This is the new challenge Senior Minister Goh Chok Tong has set for his team in Marine Parade GRC after they secured a lower-than-expected winning margin in Saturday's election.

MINISTER Mentor Lee Kuan Yew gave his first - albeit indirect - assessment of the 2011 general election result on Sunday, remarking at a community event in Tanglin Halt that the younger generation 'does not remember from whence we came'.'That is to be expected,' he said. 'But I do and those amongst you who are older than 50 will remember.'