Mr. Lee criticized Mr. Ng’s involvement in the labor movement, saying that while it was unfortunate that Sengkang GRC had lost Mr. Ng’s political seat, the union chief continued to serve in the NTUC and displayed “grit and a sense of responsibility.”
He praised his NTUC staff for helping us through the crisis, training them, supporting them, encouraging them, and taking care of them, according to him.  ,
” And we made it all the way through.” He demonstrated his reliability, integrity, and commitment.
The prime minister agreed with Mr. Lee’s recommendation to field Mr. Ng once more in this vote, which he subsequently regretted.
I give him my fullest recommendation. I ask that you give him your total support. He will be a good friend to you.
THE INCOME-ALLIANZ SAGA
On August 5, 2024, Mr. Ng officially supported the proposed purchase. The sale, which was announced on July 17, 2024, would have led to the acquisition of a 51 % stake in Income  for about S$ 2.2 billion ( US$ 1.6 billion ).
But, it sparked a public outcry over whether Revenue would be able to carry out its social vision.  ,
Mr. Ng responded to that while he fully comprehended and appreciated the common concern, he also noted that NTUC Enterprise, the parent firm of Income, had “already invested a lot of money into Income over the years” and was unable to “do this on its own.”
He added that if the price were to be completed, NTUC would continue to be deeply committed to its cultural vision, and that NTUC Business do” continue to retain a substantial play in Income.”
The Singapore state halted the agreement last October, with Edwin Tong, the minister of society, group, and youth, claiming in parliament that it was deemed to be in the public interest.
Desmond Tan, a NTUC assistant secretary-general, discovered that the NTUC key committee had no knowledge of a S$ 2 billion investment recovery program under the proposed package due to commercial differences.
On December 16, 2024, Allianz later withdrew its offer to purchase Income Insurance.