SINGAPORE (Nov 26): For decades, Singapore has thrived on the idea that it is, in a word, exceptional. “We are a small country in this part of the world and to survive, you have to be exceptional,” Prime Minister Lee Hsien Loong said at a May Day Rally in 2015. The city state does not have the natural resources that its neighbours are endowed with. But, through hard work and perseverance, it has transformed itself into the successful trade and financial services centre it is today. Its strong rule of law and regulatory environment, stable government and free capital markets have attracted MNCs, financial institutions and the world’s wealthy to its shores.

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