Singapore has jumped to the top of the Economist Intelligence Unit's (EIU) ranking of the world's most expensive cities, overtaking the likes of Tokyo and Osaka as the Singapore dollar appreciated against the yen. Singapore was ranked sixth in the EIU's survey last year, behind the two Japanese cities, Sydney, Oslo and Melbourne. According to the EIU, Osaka and Tokyo fell off the top of its cost of...
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After holding the top spot for the past two years, Singapore has fallen to third place in an annual global survey on the most desirable countries for expatriates to work and live in. The Republic lost its crown in the HSBC survey this year - ranking behind China and Germany - amid concerns among respondents over job market security, integration with locals and the rising cost of living. The survey...
Singapore's total population grew by 1.6 per cent to reach 5.4 million as of June this year. That is the slowest growth rate in the past nine years, according to the latest report from the National Population and Talent Division. As the population ages and shrinks, there has only been a marginal increase in the number of Singaporeans getting married and having babies. This is despite a third round...
Singapore has kept its position as the world's second most competitive economy, according to the World Economic Forum's (WEF) Global Competitiveness Report released on September 3. Switzerland ranked first in the report and Finland is third after Singapore. The Geneva-based body said Switzerland has kept its title as the world's most competitive economy for the fifth year running. WEF also said...
The Republic will continue its reign as Asia’s most competitive city in terms of attracting capital, business, talent and visitors by the middle of the next decade, according to a report by the Economist Intelligence Unit. The report, titled Hot Spots 2025: Benchmarking the Future Competitiveness of Cities, also puts Singapore in third place globally behind New York and London, with factors such as...
Singapore has been ranked the third most expensive city to live in Asia and the sixth in the world. This is according to the Worldwide Cost of Living 2013 survey conducted by The Economist Intelligence Unit. The survey compares the cost of living among 131 cities worldwide using New York as a base city. Its findings show that the relative cost of living in Asian hubs like Singapore and Hong Kong has...
Singapore's population could hit 6.9 million in 2030 - up from the current 5.3 million - if strategies outlined in the White Paper on Population to mitigate the country's ageing and shrinking population are met. The population projection also takes into account a lower GDP growth rate beyond 2020. The White Paper on Population, released on Tuesday, is the first comprehensive report to outline the...
Singapore will have two new MRT lines, while three existing lines will be extended. These will double the rail network stretch to 360 kilometres, compared with the current 178 kilometres. By then, eight in 10 households will have a train station within a 10-minute walk, compared with about six in 10 currently. These plans for the rail network followed a review of the Land Transport Master Plan by the...
Singapore's economy grew 1.2 percent this year, hurt by weak US, European and Japanese economies, said Prime Minister Lee Hsien Loong in his New Year message on Monday. "Next year we expect to grow by 1-3 percent. In our new phase, we must expect slower growth than we have become accustomed to," he added. Mr Lee said Singapore has made steady progress in 2012 by improving Singaporeans' lives and...
Singapore has edged out Hong Kong in terms of living conditions deemed most desirable in the Asia Pacific region for mobile millionaires, according to a survey by RBC Wealth Management. The city-state was favoured by almost a third of US dollar millionaires who spend most of their time outside their home countries, while Hong Kong placed second with 24 percent, said RBC and The Economist Intelligence Unit...