Daily Briefing: Singapore needs to do more about money laundering; Condos in a garden city

And here’s the deal on setting up a business in Singapore.

Singapore has improved its efforts against money laundering and terrorist financing in the past few years but has prosecuted fewer complex cross-border cases than would be expected. Read more here.

Singapore’s Garden City journey began in 1963, when then Prime Minister Lee Kuan Yew launched the campaign. Greenery is now a major feature of our landscape. The Edge Property has rounded up five notable gardens and parks, and the condominiums near them for prospective homebuyers who love greenery. Find out more here.

Singapore has gained a reputation for being a conducive environment to start a business. It has a solid legal system, a low tax rate, good infrastructure including telecommunications, and a particularly strong support facility extended to entrepreneurs. The city-state’s ongoing rivalry with Hong Kong to be the Asian capital of finance has also encouraged a regulatory environment which not only promotes new local financial businesses, but also facilitates international startups of any description. Read more here.