MTgox controls 80% of the trades, also Singapore doesn't have much of a base for Bitcoin, patience, you need to slowly win over the converts from MTgox
That 80% figure has never been true!
Gox controls no more than 70% of major exchange trades now:
http://bitcoincharts.com/charts/volumepie/That's not even counting Localbitcoins.com, Bitcoin-OTC markets, the new Buttonwood exchanges, meetups, and other private trades.
How much market share gox has nothing to do with the fees FYB charges or how much volume it does either. Exchanges are not religions, where one has to be converted from one to another. Pro traders trade on multiple exchanges at the same time,
IF the cost structure is right.