Small is beautiful in Singapore, but the spectre of Trump looms large
Sometimes it pays to be small. Iâve been in Singapore for a week, testing the waters in this pint-size economic dynamo of the city state. What makes it so successful?
A large part of the answer is international trade. Perfectly situated on some of the worldâs busiest trading routes, Singaporeâs natural attributes as an entrepÃ´t are underpinned by an open, low-tax, business-friendly approach to economic management â" governed, thanks to its colonial past, by a British-based legal system.
This makes Singapore the location of choice for foreign companies tapping into south-east Asiaâs fast-growing markets. Rolls-Royce and GSK base their Asian operations here.
But the other big thing that Singapore...Source: Google News Singapor e | Netizen 24 Singapore