Eh, Singapore's efforts to nurture a thriving startup scene are met with middling success at most.

Agreed, but Singapore has only 5 million people which limits their potential in that regard.

Are you implying that Singapore is not ultra regulated?

They make Europe look like Texas.

No, you're right, Singapore is both highly regulated and successful. I just meant to highlight that the soaring economy doesn't include many high-tech startups.