Low regulatory protection means stuff like this is deemed acceptable - http://www.tnp.sg/news/sim-lim-squares-phone-scam-makes-head...
It also means that stuff like this, which is regarded as a basic right in other countries, is deem jailworthy - https://sg.news.yahoo.com/singapore-bus-driver-strike-makes-...
This is what it really means to be top of that list.