Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2012        Go!    
 
 
September 24, Sunday 2017 2:00 PM       

       HEADLINES: Man sustain injuries in bomb explosion                                              Militant killed in encounter                                              Woman alleges rape, then says lodged a false complaint                                              Pak anti-graft body freezes accounts of Sharif, family                                              China imposes limit on oil supply to N Korea                                              Iran test fires ballistic missile 'Khorramshahr'                                              Pak test fires anti-ship missile in North Arabian Sea                                              Bangladesh says Rohingya refugee influx over                                              Back your game: Tendulkar's advice to Rahane                                              Desperate Aussies seeks Finch for 3rd ODI                                              Japan Open: Pranaav Chopra-Sikki Reddy bow out in semis                                              Kaumudi Facebook
       SINGAPORE Next Article: When I dance, I am at peace: Shanta Ratii -  
       Singapore now the world’s most expensive city: Economist
 
         Posted on :09:26:39 Mar 10, 2016
   
A A
       Last edited on:09:26:39 Mar 10, 2016
         Tags: sg
 
Singapore now the world’s most expensive city: Economist Lion City tops Economist Intelligence Unit list for the first time, bumping Tokyo from No 1 spot . SINGAPORE — Singapore has topped the Economist Intelligence Unit (EIU) list of the world’s most expensive cities to live in, according to the 2014 list released yesterday (this morning, March 4, Singapore time). Singapore jumped five places from No 6 last year to top this year’s list after rising in the list in recent years. The city was ranked No 18 a decade ago in the EIU's Worldwide Cost of Living Survey. The Republic’s strong currency, which has appreciated about 40 per cent over the past decade, combined with soaring utility bills and the high cost of car ownership contributed to Singapore’s rise in the list, according to the EIU. Singapore is also the most expensive place in the world to buy clothes. Paris, Oslo, Zurich and Sydney also made the top five of the EIU list. Tokyo, the most expensive city to live in for 2013, fell to joint sixth place alongside Caracas, Geneva and Melbourne. At No 10 is Copenhagen. “Improving sentiment in structurally expensive European cities combined with the continued rise of Asian hubs means that these two regions continue to supply most of the world’s most expensive cities,” said Mr Jon Copestake, the editor of the EIU report. “But Asian cities also continue to make up many of the world’s cheapest, especially in the Indian subcontinent.” Predominantly higher costs of groceries has been singled out as a reason for most Asian cities figuring highly in this year’s list, with Tokyo still at the top of the list for everyday food items. The EIU’s Worldwide Cost of Living Survey, which is published twice a year, compares more than 400 individual prices across 160 products and services including food, clothing, household supplies, home rentals, transport and utility prices. All cities are compared against New York City as a base. According to the EIU statement, the survey is meant to let human resource line managers and expatriate executives compare the cost of living in 140 cities in 93 countries, which would allow hiring companies to calculate a fair remuneration package for relocating employees.
A A
       SINGAPORE
Next Article: When I dance, I am at peace: Shanta Ratii -
 
 
SINGAPORE HEADLINES
Bali Volcano  
Soorya Singapore  
Swathi Thirunal Festival  
H7The New President of Singapore  
Halimah Yacob elected as New President of Sigapore  
All races must have the chance to be elected President: Ong Ye Kung  
one of Singapore’s greatest sons  
Vigil guards to be mounted for S R Nathan's Lying-in-State  
Schooling wins gold in 100m butterfly final  
Vending machine cafe opens in HDB estate  
Shobana in Singapore  
Former President S R Nathan suffers stroke  
Singapore Airlines says Q1 net profit nearly triples  
Indian Heritage Centre , Singapore  
Dancing Drums - Trance on 2nd Sept at NUS UCC hall.  
Pravasi Express Nite- 2016  
Fully-electric taxis to ply Singapore's roads from September  
Kaavya Sopaanam launched  
Singapore Malayalee Literary Forum (SMLF) launches Kavya Sopanam  
Pravasi Express Nite 2016 on 6th August  
Naataka Mela by Singapore Malayalee Association  
Productivity initiatives at Changi Airport to reduce reliance on manpower  
Universal Studios Singapore top amusement park in Asia: Tripadvisor  
NUS, NTU come out tops in Asia university ranking  
SIA to launch non-stop Singapore-San Francisco flight in October  
 
Do you think protest against 'Ramaleela' is justified?
Yes
 
No
 
No Opinion
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy