When KPMG executive Anton Ruddenklau moved to high-rise Singapore from the leafy streets of a London commuter town, one of the first things he noticed was how easy it was to do business in the Southeast Asian nation. It was January 2021, and Ruddenklau moved to Singapore to lead KPMG's financial services advisory practice in the country. The level of foreign direct investment (FDI) in Singapore as a percentage of GDP is one of the highest in the world, according to the World Bank, with many international investors seeing the country as something of a refuge. "A big reason Singapore attracts overseas investors is credibility," according to Geoff Howie, a market strategist at the city-state's stock exchange SGX Group. Indeed, the Singapore dollar hit its highest level against the U.S. dollar since October 2014 this week.