Singapore is a small place and struggles to be noticed and prominent so that it would be taken seriously.
The retirement of MM and SM aren't big news to the global media. I haven't found any foreign organization giving it more space beyond what Bloomberg has given.
In a way this is good so that we can get on with our change process without too much attention. We can do with less for the moment. When we are ready again, we would love the attention.
Update: May 17th
A friend visiting Beijing told me that it was front page news over there.