17-June-2011
Singapore has jumped three places to become the sixth most expensive city and third most expensive country in Asia, according to ECA international's latest cost of living survey. The high cost of living in Singapore was explained by the continued strength of the Singapore Dollar against major currencies.
It is now more expensive for international assigned to live in than Hong Kong, New York, Amsterdam, Frankfurt and Shanghai. Good & Services commonly purchased by international assignees now cost almost 3% more in Singapore than in Hong Kong. Just a year ago, they cost 5% more in Hong Kong than Singapore.
Singapore has jumped three places to become the sixth most expensive city and third most expensive country in Asia, according to ECA international's latest cost of living survey. The high cost of living in Singapore was explained by the continued strength of the Singapore Dollar against major currencies.
It is now more expensive for international assigned to live in than Hong Kong, New York, Amsterdam, Frankfurt and Shanghai. Good & Services commonly purchased by international assignees now cost almost 3% more in Singapore than in Hong Kong. Just a year ago, they cost 5% more in Hong Kong than Singapore.
yes, i can confirm that. Also today, electricity bills will be increased...again
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