Over the past few decades, Singapore has grown from one of the four Asian tiger economies into a veritable cosmopolitan city. It has topped global rankings of smart cities and technological hubs, and, after Israel, it has the most unicorns – start-up companies valued at or over US$1 billion – per person in the world. There is much Hong Kong can learn from Singapore’s success.

First, multiply resources. Like Hong Kong, Singapore is a coastal city with a rather limited land area. To overcome this scarcity, the Lion City has made use of data to optimise the potential of its land and sea space.