Singapore's Prime Minister Lee Hsien Loong to Step Down After 20 Years.

Singapore's Prime Minister Lee Hsien Loong will step down in May after nearly two decades in office. His deputy, Lawrence Wong, will succeed him. Singapore, known for its stability and economic success, has become a crucial hub for regional trade and finance. Wong is viewed as a safe choice and is expected to uphold the status quo. However, support for the ruling party has been slowly eroding among younger voters who prioritize issues such as the cost of living and personal freedoms. [Extracted from the article]