Barring Hong Kong in Asia and Tel Aviv in the Middle East, and potentially Bangalore in India, no other Asian city seems to be jockeying for this position. Tokyo, Tai Pei and Seoul can boast of some big ICT corporations but when it comes to innovation, Singapore seems to be doing something right. That's why the world is looking at the city state with a certain awe and promise, even though the Fortune magazine named only Hong Kong in Asia as one of the top four world's tech capitals after Silicon Valley and New York.
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