It's enough for them that those people have somewhere basic to live and basic medical care so their stats dont look too bad.
Mostly sales offices (and of course, "forward deployed engineers").
We don't usually see exciting tech projects being assigned to Singapore teams, especially with our huge timezone difference with the Bay Area.
Singapore is a mixed economy [1].
You know that Singapore has one of the highest home ownership rates in the world? Most people don't rent, because their family owns the place.
> and travel by the thousands to nearby Malaysia to buy basic food essentials.
You say that like it's a bad thing? People traveling to Malaysia to buy stuff that's cheaper is perfectly compatible with Singaporeans being well-off. You'd need to bring some other evidence to argue that Singapore is a 'failed society'.
But the best part of that control is the free market is only free to the extent the government allows it. There is plenty of time for the taxi drivers to retire. In fact, I believe the average age of taxi drivers are close to 70, so this is forward looking to address an incoming cab driver shortage.
Singapore really wants to look like Season 3 of Westworld. A shame the Marina Bay flying drone taxi service looks completely dead.
Some scenes in Westworld season 3 were filmed in Singapore:
https://www.timeout.com/singapore/film/11-places-in-singapor...
It’s been mentioned: https://www.mot.gov.sg/news-resources/newsroom/-more-options...