Singapore’s ruling party, the People's Action Party (PAP), has achieved a decisive electoral victory, securing 65.6% of the vote and a commanding majority of 97 seats in parliament. This election, which occurred on Saturday, was heavily influenced by voters' apprehensions about the rising cost of living and the uncertainty surrounding the global economy. Prime Minister Lawrence Wong, who took over as party leader last year, led the campaign, emphasizing stability and continuity during these turbulent times.

Singaporeans entered the polls with pressing concerns about inflation, stagnant wages, and job security. Ian Chong, a political science associate professor at the National University of Singapore (NUS), expressed that the results are indicative of the electorate's risk-averse nature, particularly in light of the country’s economic vulnerability due to its global exposure.

Despite the PAP’s historical dominance since 1959 and consistent support from older generations, recent elections had indicated waning public sentiment towards the party. However, the latest vote represents a resurgence for the PAP, with voters seemingly prioritizing experience and familiarity amidst broader economic strife.

The chief opposition party, the Workers' Party (WP), held onto its 10 parliamentary seats but failed to expand its influence, despite presenting a platform focused on alleviating living costs. Past controversies involving WP leaders did not dominate this electoral cycle as economic worries took precedence for many voters.

With inflation attributed to international factors such as conflicts and supply chain issues, the PAP’s campaign message centered around navigating Singapore through economic challenges resonated strongly. Wong’s leadership during the Covid-19 crisis has also bolstered his credibility.

Political observers note that the fragmented opposition landscape, with 10 parties running against the PAP, significantly contributed to the latter’s strong performance. While there remains a growing desire for political diversity among the electorate, many seem satisfied with the status quo of opposition representation for now.

The WP's performance showed a slight increase in their share of the vote in existing constituencies, reflecting a determined effort despite the tough election climate. Party leader Pritam Singh acknowledged the challenges faced but remains optimistic about sustaining their influence in Singapore’s political landscape.