As you clearly just pointed out they are offering money to get foreign companies to stay
It comes to grinding halt without foreigners as was proven in the start of the wuhan wog problem.
The locals joked that the only thing that runs without foreigners are taxi’s which was blatantly obvious to all.
( must be a singaporean to drive a taxi)
Why stay, do you still not know why expats live in Singapore?
Its suits me and the gov perfectly that the HDB dwellers think like you do and only source for information is the newspaper for all insite into Singapore