Singapore's rule of law, zero tolerance for graft big draws for foreign investors: US diplomat

Republic is in third spot in graft watchdog Transparency International's 2018 Corruption Perceptions Index of countries deemed to have the least corruption in the public sector

Angela Tan

Published Thu, Aug 8, 2019 · 09:50 PM

Singapore

MORE than 4,500 American companies call Singapore home not just because of its strategic location but also because Singapore offers an excellent business climate - notably, the government's commitment to the rule of law and zero tolerance for graft, said a top American diplomat and several businessmen.

In an interview with The Business Times, Stephanie Syptak-Ramnath, the former chargé d'affaires at the US Embassy in Singapore, said that the United States and Singapore share the values of transparency, good governance and respect for a rules-based order.

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