Singapore PM Lee steps down to hand over power to successor

"Singapore's Prime Minister Lee Hsien Loong has announced his ..decision to step down and hand over the reins to his successor Lawrence Wong on May 15.

• Wong, currently serving as the deputy prime minister and finance minister ofSingapore, has been a potential candidate for the position since 2002
•    PM Lee Hsien Loong described this leadership transit as a 'significant moment
•       I will relinquish my role as Prime Minister on 15 May 2024 and Deputy Prime Minister
• Lawrence Wong will be sworn in as the next Prime Minister on the same day.