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SINGAPORE – The ruling Singapore party has promoted Finance Minister Heng Swee Keat (HENG SWEE KET) to a second position, making it a likely choice to succeed the prime minister.
Prime Minister Lee Hsien Loong (LEE SEE & # 39; -yan LONG) said he hoped to retire in four years. He called the reshuffle of management "a big step forward in our political renewal".
The People's Action Party has been in power since Singapore's independence in 1965. It holds 81 of 87 seats in Parliament.
Heng, 57, was selected Friday among a group of young politicians who should take on more responsibilities. He was appointed First Deputy Secretary General and the Minister of Commerce and Industry, Chan Chun Sing, Second Deputy Secretary General.
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