The conversation between human and AI assistant.
What is the economic system of Malaysia, and how does it compare to the one in Japan?
How does Malaysia's economic system differ from that of Singapore's?
While Malaysia and Singapore share some similarities in terms of their manufacturing and services sectors, Singapore has a more business-friendly environment, a favorable tax policy, and a stronger emphasis on its knowledge economy. Additionally, Singapore has a more developed infrastructure and has long been recognized as one of the world's leading financial centers.