Singapore still trails behind Hong Kong in economic freedom

Submitted By:  Arianna Danganan Case Study:  No The Lion City fell behind in terms of business and labour freedom. Hong Kong beat out Singapore as the freest economy in Asia Pacific according to the Heritage Foundation’s 2019 index of economic freedom, with a freedom score of 90.2 compared to the Lion City’s 89.4. Singapore’s overall score inched up by 0.6 points on the back of increases in scores for trade freedom and government integrity outpacing modest declines in labour freedom and property rights. read more