Singapore Prime Minister Lee Hsien Loong has vowed to review the million-dollar salaries of cabinet ministers after voters expressed their anger over the issue in the May 7 election.

Lee said he had appointed a committee to review ministers' salaries shortly after he and his new team from the ruling People's Action Party (PAP) were sworn in for a new five-year term.

Although the PAP was returned to power at the polls, it lost six seats to a revitalised opposition and saw its share of the popular vote fall to an all-time low.

One of the main gripes during the campaign was the high level of ministers' salaries, along with the large intake of foreign workers and increasingly expensive housing and living costs.

The government, dominated by the PAP for more than five decades, has pegged ministerial salaries to the remuneration levels for top private-sector earners in order to attract talent to public service and prevent corruption.

Cabinet ministers in 2009 earned between Sg$1.57 million and Sg $3.04 million ($1.30 to $2.45 million) each a year, according to the Straits Times newspaper.

Singapore President S.R. Nathan swore in the new government, which was without independence leader Lee Kuan Yew for the first time in 52 years after he retired from his influential advisory post in his son's cabinet.

In his speech, Prime Minister Lee immediately assured Singaporeans the new government would listen more and respond better to their problems, and that no policy, including ministerial salaries, will be spared from the review.

"We will take a totally fresh look at our problems and policies, and rethink what is necessary and best for Singapore's future," he said.

Premier Lee, 59, made sweeping changes to the cabinet after the elections, which analysts said reflected voter resentment against the government despite Singapore being one of Asia's wealthiest nations.

Analysts have described the swearing in of the current crop of cabinet ministers as the start of a new era in Singapore's history, without the the elder Lee's commanding presence.

Sign up to our free newsletters

Get the best updates straight to your inbox:
Please select at least one mailing list.

You can unsubscribe at any time by clicking the link in the footer of our emails. We use Mailchimp as our marketing platform. By subscribing, you acknowledge that your information will be transferred to Mailchimp for processing.