singapore investment climate report january 2007 1 policy summary foreign investments combined with through government linked corporations glcs underpin singapore? s open heavily trade dependent economy the exception of restrictions in financial services professional and media sectors maintains a predominantly regime world bank? ?doing business how to reform ? ranked as easiest country which do us free agreement fta came into force 2004 expanded market access goods procurement enhanced intellectual property protection provided for cooperation promoting labor rights environment gos is strongly committed both maintaining taking leadership role planning economic development actively uses public sector an investor catalyst september 2006 top six listed accounted nearly 25 percent total capitalization exchange sgx some observers have criticized dominant domestic arguing that it has displaced or suppressed private entrepreneurship