Singapore boasts of a competitive, corruption-free, open business environment. The Port of Singapore is the busiest in the world as the country focuses on electronics and chemical exports to richer industrialized nations. However, over the years, Singapore has diversified its economy and today it has become a research & development hub, bio-medical hub, banking and finance center and in recent times the health-care destination of Asia. Today, Singapore is a knowledge-based economy and attracts multinational investments.
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