[h=2]Dr Tan K G behind study ranking SG 60th in terms of cost of
living[/h]
March 29th, 2014 |
Author: Contributions
The PAP has come out all guns blazing to refute Singapore’s
reputation as the world’s most expensive city.
We know that this is not done to convince citizens who are trapped here with
their CPF money held hostage but really for foreigners who may otherwise be
deterred from coming to Singapore.
The task of refuting the EIU report has fallen on a pseudo-academic think
tank called the Asia Competitiveness Institute (ACI) which is really a research
centre in the LKY School of Public Policy which hosts the likes of foreign
Indian academic Parag Khanna who has called for a 10m population and Kishore
Mabubhani who is a staunch critic of democracies.
The ACI yesterday claims that S’pore is ranked 60th in cost of living. Well
the person behind this is none other than its co-director Tan Khee Giap who has
in the past called on Singaporeans to stop complaining so much.
Now the question we all need to ask is: in the midst of rising cost of
living, is the PAP interested in solving the real issue or simply getting
apologists like Tan to try to convince people that Singapore is really fine and
dandy?
If it is convinced that Cost of Living is not an issue, we dare it to stop
giving GST vouchers before the next
elections.
The Alternative
View
Source: www.facebook.com/pages/The-Alternative-View/358759327518739
Editor’s
note:
http://www.channelnewsasia.com/news/singapore/s-pore-ranked-60th-among/1051700.html
[h=3]S’pore ranked 60th among major cities for average residents’ cost of
living[/h]
(SINGAPORE, 28 Mar): Singapore may be the world’s most expensive city for
expatriates, but the cost of living for the average resident is lower than in
many other cities, a comprehensive study by the Asia Competitiveness Institute
(ACI) showed.
The study is called “Annual
Indices for Average Residents and Expatriates on Cost of Living for World’s
Major 109 Cities: 2005-2012“.
Singapore ranked 60th among 109 major cities for the average residents’ cost
of living on the ACI rankings — behind Western capitals like New York, Paris and
London, as well as other Asian cities such as Hong Kong and Seoul.
However, the city-state emerged as the most expensive city for expatriates in
2012, largely due to high cost of transport and housing for this category of
people.
The strengthening of the Singapore dollar against the United States and Hong
Kong currencies was another factor.
The indices for expatriates and average residents are very different due to
the divergence in the baskets of goods and services used, said ACI, which was
established in August 2006 as a research centre at the Lee Kuan Yew School of
Public Policy.
Singapore’s cost of living for average residents is comparable to major Asian
cities, with Hong Kong in 58th place, and Seoul at 59th.
For its average residents, Singapore’s lower cost of living is largely due to
education, housing and healthcare, which are cheaper due to government
subsidies.
living[/h]
reputation as the world’s most expensive city.
We know that this is not done to convince citizens who are trapped here with
their CPF money held hostage but really for foreigners who may otherwise be
deterred from coming to Singapore.
The task of refuting the EIU report has fallen on a pseudo-academic think
tank called the Asia Competitiveness Institute (ACI) which is really a research
centre in the LKY School of Public Policy which hosts the likes of foreign
Indian academic Parag Khanna who has called for a 10m population and Kishore
Mabubhani who is a staunch critic of democracies.
The ACI yesterday claims that S’pore is ranked 60th in cost of living. Well
the person behind this is none other than its co-director Tan Khee Giap who has
in the past called on Singaporeans to stop complaining so much.
Now the question we all need to ask is: in the midst of rising cost of
living, is the PAP interested in solving the real issue or simply getting
apologists like Tan to try to convince people that Singapore is really fine and
dandy?
If it is convinced that Cost of Living is not an issue, we dare it to stop
giving GST vouchers before the next
elections.
The Alternative
View
Source: www.facebook.com/pages/The-Alternative-View/358759327518739
Editor’s
note:
http://www.channelnewsasia.com/news/singapore/s-pore-ranked-60th-among/1051700.html
[h=3]S’pore ranked 60th among major cities for average residents’ cost of
living[/h]
(SINGAPORE, 28 Mar): Singapore may be the world’s most expensive city for
expatriates, but the cost of living for the average resident is lower than in
many other cities, a comprehensive study by the Asia Competitiveness Institute
(ACI) showed.
The study is called “Annual
Indices for Average Residents and Expatriates on Cost of Living for World’s
Major 109 Cities: 2005-2012“.
Singapore ranked 60th among 109 major cities for the average residents’ cost
of living on the ACI rankings — behind Western capitals like New York, Paris and
London, as well as other Asian cities such as Hong Kong and Seoul.
However, the city-state emerged as the most expensive city for expatriates in
2012, largely due to high cost of transport and housing for this category of
people.
The strengthening of the Singapore dollar against the United States and Hong
Kong currencies was another factor.
The indices for expatriates and average residents are very different due to
the divergence in the baskets of goods and services used, said ACI, which was
established in August 2006 as a research centre at the Lee Kuan Yew School of
Public Policy.
Singapore’s cost of living for average residents is comparable to major Asian
cities, with Hong Kong in 58th place, and Seoul at 59th.
For its average residents, Singapore’s lower cost of living is largely due to
education, housing and healthcare, which are cheaper due to government
subsidies.
