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...
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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...
The Republic is 12th most expensive city in Asia WITH inflation and fluctuating exchange rates, Singapore has leapt 27 places up the global rankings of the world’s most expensive cities to live in. The consolation for the Republic is, its regional rivals have seen costs balloon far more astronomically. Even as it jumped up to 95th place worldwide, Singapore’s Asian ranking rose just one notch up to...
Singapore is the 12th most expensive city in Asia, according to a global survey on cost of living by international human resource company ECA International. The country jumped 27 places, and is one of Asia's biggest movers. Hong Kong was ranked 6th, while Tokyo took the top spot. For the first time, Beijing overtook Hong Kong as the most expensive Chinese city. The survey noted that the cost of living...
The United Nations (UN) gave Singapore top marks in its latest report on the state of the world's cities, and has said it is keen to deepen its collaboration with Singapore as a knowledge hub. The UN also called on cities to take on pro-growth policies that support the poor and strengthen infrastructure. It said all these can make a difference when it comes to sustainable living. The UN said people's...
Singapore is set to keep its position as the world’s top bunkering port, with the Maritime and Port Authority of Singapore (MPA) forecasting a record full-year sales volume of 33 to 35 million tonnes this year. According to Transport Minister Raymond Lim, a total of 26.4 million tonnes of bunkers were lifted between January and September 2008, an increase of 12 percent compared to the same period in...
Singapore's population hit 4.84 million in June this year, marking a 5.5 per cent increase from a year before. The figure is buoyed by an increasing number of foreigners in the country, boosted by strong economic growth over the past few years. The number of non-residents grew by 19 per cent, while the resident population went up by a mere one per cent. The National Population Secretariat said foreigners...
There are many superlatives attributed to Singapore and the city-state has been consistently ranked high for a number of reasons in reports from all over the world. Situated at the crossroads of international trade routes, Singapore is a top location for foreign investors, be they multinationals, part of Europe’s dynamic middle-market or technology start-ups. The on-going liberalisation of markets and...
Singapore has four official languages: English, Malay, Mandarin, and Tamil. While Malay is the national language, English is the language most commonly spoken. It is used widely in the business arena and is the language of instruction in schools. Most Singaporeans in the corporate sector speak fair to excellent English; taxi drivers and some shopkeepers speak a 'pidgin' known as 'Singlish,' which is a...