Singapore is the world's most preferred city for business meetings for the second year running. The city-state is named the "Top International Meeting City" in the Union of International Associations 2008 Global Rankings. Singapore edged out cities like Paris, London and Tokyo. The country also moved up one notch up from 2007 to third position as one of the top three preferred countries for...
All Singapore
EXPATRIATES in Singapore feel fairly secure about staying here despite the global economic downturn. A recent global survey by HSBC has shown that 91 per cent of 192 expatriates living in Singapore said that they have not considered returning home despite the downturn. This is higher than the global average of 85 per cent, said HSBC in its annual "Expat Explorer" survey released yesterday. More than...
Singapore and Hong Kong are the two most trade-conducive economies, the World Economic Forum said on Tuesday in a study that placed the United States in 16th place, its performance affected by fears of crime and terrorism. The WEF said in its Global Enabling Trade Report that Singapore and Hong Kong, in addition to offering a trade-friendly business environment, "are endowed with well-developed transport...
SINGAPORE is now the 10th most-expensive city in the world for expatriates, according to a survey conducted by human resource and financial consultant Mercer. The Republic climbed three places from last year, knocking Italy's Milan out of 10th place in this year's Worldwide Cost of Living survey. The most expensive city for expatriates is Tokyo, which overtook Moscow. Osaka moved to No 2 after the yen...
Singapore continues to face the long-term challenge of low fertility and an ageing population, according to its latest population report. But the record number of foreign residents in the country has helped grow the total population to 4.84 million in 2008 - an increase of 5.5 per cent over the previous year. Foreigners now make up about 25 per cent of the total population. The National Population...
Cost of living in Singapore continues to be high, propelling it into the top ten most expensive locations within the region. A report by human resources consultancy, ECA International, found that Singapore is the 10th most expensive city in Asia and 72nd worldwide. The firm said price rises have not slowed down as much in Singapore as in other parts of Asia in spite of its weakened currency. In...
Singapore ranks among the top three places in the world in terms of being an attractive financial centre for "mobile wealthy" individuals, including doctors, lawyers and entrepreneurs. Media reports quoting a survey by international wealth management consultancy Scorpio Partnership said Singapore was beaten to the top spot by Switzerland, with London coming in second. The reports said Switzerland came...
Singapore is the world leader in terms of innovation and competitiveness while South Korea ranks fifth and Japan ninth, according to a report released on Wednesday. Other countries in the top 10 of the study by the Information Technology and Innovation Foundation (ITIF) were Sweden (2), Luxembourg (3), Denmark (4), the United States (6), Finland (7), Britain (8) and the North American Free Trade Agreement...
Singapore will press on with development plans for the Seletar Aerospace Park and grow the research and development (R&D) efforts for the aerospace industry. The aviation industry has taken a nosedive amid turbulent economic conditions. But the Economic Development Board (EDB) believes that long-term prospects remain positive. President of the Association of Aerospace Industries of Singapore,...
Public transport ridership has been going up - and with it comes more crowding. To ease the situation, the government announced that two rail projects - Jurong East Modification project and the North-South Line extension - are being brought forward, and 22 new trains being bought. Still, with the changes only kicking in by 2011, the squeeze will still be on for a while. Last year, public transport...