New Market Study Published: Singapore Defence & Security Report Q3 2013
Singapore has the highest security risk rating of any country in the Asia-Pacific region, reflecting its internal stability and its increasingly benign external security environment. In part, this low threat level is a product of Singapore's own defence policy. Though one of South East Asia's smallest countries, it continues to spend more on defence in real terms that any of its fellow ASEAN members, and in terms of capability, its armed forces are vastly superior to their regional peers.
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