Skyrocketing prices and an aging population are among the challenges facing Singapore's Deputy Prime Minister and Finance Minister Lawrence Wong, who will become the country's new premier on Wednesday.The affluent city-state is seeing its first leadership change in nearly 20 years, with outgoing Prime Minister Lee Hsien Loong having designated Wong to succeed him as chief of the ruling People's Action Party in 2022.The PAP has led Singapore uninterrupted since Lee's father, Lee Kuan Yew, became its first prime minister in 1959, following the attainment of self-government from British coloni…READ FULL ARTICLE