I second this from a small business ownership standpoint.
‘ “This has been a country of frightened, intimidated people. In the 1950s and ’60s, Singaporeans were feisty, gung-ho people but Lee and co killed their spirit,” said King.’
These two posts are related and specific to my industry:
Singapore has no resources has labour but Had factories
Why Singapore is the culturally driest among the four asia pacific tigers