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Tax exemptions and attractive incentives are given by Singapore to those entrepreneurs who put up their businesses in the country. Due to this incentives, Singapore is a country known to attract many foreign investors searching for a base of operations in the Asian market.

Globalization happens largely as a results of conscious choices to liberalize cross-border transactions in money, goods, services, individuals and information. In alternative words, it is an idea of free flow of capital and trade in goods and services while not regulation barriers among countries.