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 … Continue reading
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 … Continue reading
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 … Continue reading
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 … Continue reading
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 … Continue reading