Singapore has an advantage compared to the other countries?
I am sure many of u wondering what i am talking about.
It goes like this, because of the rule of law, everything is
effectively regulated and controlled through lawful means but
in some domestic sectors like the Medical sector and possibly
the upcoming casino sector. Because these sectors are the core cash
cow hubs of singapore which attracts customers.
In other countries, corporations do have industry regulations to
avoid malpractices , corruption ect e.g coverup and scandals in
hospitals. But these are hampered by the free democracy in those
countries which has loopholes which these corporations can escape.
They probably have ways to get around the laws like a binding
agreement which holds the service provider not liable for any
undesirable consequences which may result especially in cases of
organ transplant and bypass surgeries. But any malpractice or
wrondings can effectively be covered up.
is singapore a good medical hub? Defintely it is.