Online media licensing undercuts Singapore’s financial status

Human Rights Watch said on Friday that Singapore is undercutting its status as a financial centre by expanding media censorship to the web and urged the city-state’s government to withdraw the new licensing requirement for online news sites.Singapore is a major banking and trading hub and many companies have set up their regional headquarters in the city-state because of its relatively low corporate tax rate, strong infrastructure and ease of travel in Southeast Asia.

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