Singapore was allowed economic planning to avoid finance capital's swamping 

The nationalisation of the year 1694 founded private UK central
bank - the Bank of England - by a Labour government in 1946 saw
the Pound Sterling shift its world money status to allied Wall
Street.
This ushered in US dollar world capitalism with the US private
central bank - the US Federal Reserve bank - at the top.
The NIC in Asia were allowed the use of tools to step up the
ladder but nations such as Sri Lanka were penalised when they
tried to use the same tools.
Quoting from Wikipedia--
The development models of the East Asian Tiger economies
involved varying degrees of economic planning and state-
directed investment in a model sometimes described as "state
development capitalism" or the "East Asian Model".
The governments of Malaysia and South Korea instituted a series
of macroeconomic plans (First Malaysia Plan and Five-Year Plans
of South Korea) to rapidly develop and industrialize their mixed
economies.
The economy of Singapore was partially based on economic
planning involving an active government industrial policy and
high levels of state-owned industry in a free-market economy
https://en.m.wikipedia.org/wiki/Economic_planning