According to experts, Singapore has been able to outpace Mauritius with its ease of doing business policies, simplified tax regime and a large number of private investors.

https://www.moneycontrol.com/news/business/economy/singapore-top-source-of-fdi-in-fy20-with-investments-worth-14-67-billion-5334491.html

Source : MoneyControl.com

Link : https://www.moneycontrol.com/news/business/economy/singapore-top-source-of-fdi-in-fy20-with-investments-worth-14-67-billion-5334491.html