As someone who’s incorporated in Singapore she’s 100% a spy or useful “partner of the state”. That’s the entire reason Singapore exists and everybody knows this - it’s a tax haven and legal obfuscation state. The problem is exactly that it’s not illegal in any way and it’s in everyone’s best interest to keep SG the way it is.
Remember tiktok’s CEO’s “I’m Singaporean, senator” and how behind closed doors us senators deemed tiktok a national threat. Yeah that’s all on SG incorporation that americans themselves use for their spy operations - everybody loves eating this cake and nobody will ever ruin it. This is why SG is the most stable “country” in SEA.
I don’t know about the whole tax haven or legal obfuscation angle, there’s definitely way better places you can do that.
The whole tiktok CEO hearing was a complete shitshow. They were just trying to get him to say he was Chinese or had worked for the Chinese gov in the past as some kind of stupid right wing gotcha just like they did during the Cold War and trying to get people to admit to some kind of communist/socialist assocation, but in true Republican fashion couldn’t do 5 min of searching and find out he’s never even lived in China.
The only “national security” threat was tiktok was siphoning users away from US social media and threatening Zuckerberg’s net worth.
Singapore is definitely known for having lax laws. When it comes to business. They’ll kill you for drugs though.
Why else does it attract fintech startups? It’s a place with a good reputation that doesn’t seem to care much what you’re doing in other countries as long as local laws aren’t being broken
As someone who’s incorporated in Singapore she’s 100% a spy or useful “partner of the state”. That’s the entire reason Singapore exists and everybody knows this - it’s a tax haven and legal obfuscation state. The problem is exactly that it’s not illegal in any way and it’s in everyone’s best interest to keep SG the way it is.
Remember tiktok’s CEO’s “I’m Singaporean, senator” and how behind closed doors us senators deemed tiktok a national threat. Yeah that’s all on SG incorporation that americans themselves use for their spy operations - everybody loves eating this cake and nobody will ever ruin it. This is why SG is the most stable “country” in SEA.
I don’t know about the whole tax haven or legal obfuscation angle, there’s definitely way better places you can do that.
The whole tiktok CEO hearing was a complete shitshow. They were just trying to get him to say he was Chinese or had worked for the Chinese gov in the past as some kind of stupid right wing gotcha just like they did during the Cold War and trying to get people to admit to some kind of communist/socialist assocation, but in true Republican fashion couldn’t do 5 min of searching and find out he’s never even lived in China.
The only “national security” threat was tiktok was siphoning users away from US social media and threatening Zuckerberg’s net worth.
Singapore is definitely known for having lax laws. When it comes to business. They’ll kill you for drugs though.
Why else does it attract fintech startups? It’s a place with a good reputation that doesn’t seem to care much what you’re doing in other countries as long as local laws aren’t being broken
What’s with “country” in quotes?
It’s a city state like Hong Kong, Monaco and the Vatican
Is there something I missed in the definition of either that says they’re mutually exclusive?