You may be guilty of conflating politics with economics. The tiny island nation you are referring to is politically extremely tightly controlled, but economically it has always adopted a surprisingly laissez-faire attitude. The government has never been overbearing with local or international companies. (But that does not mean the gov't does not undertake due diligence before a company is allowed to trade.) It's a myth to assume that Big Brother's tentacles are in every nook and cranny. They are not. When it comes to business, they generally take a "hands off" approach. Btw, I am not unfamiliar with the country.
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