singapore investment climate report copyright us department of state policy summary foreign investments combined with through government linked companies glcs underpin s open heavily trade dependent economy the exception restrictions in financial services professional and media sectors maintains an regime is strongly committed both to maintaining a free market taking leadership role planning economic development that has traditionally relied on industrial active use public sector as investor catalyst for given rise characterization inc while asserts account just 13 gdp broader definition would boost percentage march 2004 accounted some 40 total capitalization stock exchange dominant commanding heights domestic been criticized by observers who charge it displaced private entrepreneurship now stressing measures encourage such still continuing heavy attracting
