Can Singapore survive a global minimum tax?

ManyGlobal companies site themselves in Singapore because of the tax advantages they have by operating here. But with the global minimum tax, there must now be better reasons why they would keep their headquarters here. Thankfully it is not difficult to find those reasons: safety, security, ease of doing business, efficiency of airport, sea port, family-friendly environment, clean & green, technologically advanced, etc . In fact it is more difficult to find reasons to leave this lovely country.