c.f. my comment on the same quote, which contends that business and market-size reasons are a greater factor behind this development model, as opposed to ideological reasons.
A common refrain from those interested in starting-up in the region is the lack of investment money and investors' own refrains on just how fragmented the regional market is. Those trying to do or set-up business in Singapore often find that there is little to complain about with respect to regulations. Probably the greatest problem that involves the government as a party is finding a sufficiently sizable customer base without government backing, but this is explained by limited SAM.
A common refrain from those interested in starting-up in the region is the lack of investment money and investors' own refrains on just how fragmented the regional market is. Those trying to do or set-up business in Singapore often find that there is little to complain about with respect to regulations. Probably the greatest problem that involves the government as a party is finding a sufficiently sizable customer base without government backing, but this is explained by limited SAM.