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PAP propaganda on COL

Not disappeared yet. The PAP gave her a cushy retirement job. Still earning easy money. Former president Halimah Yacob named as new SUSS chancellor Madam Halimah Yacob will take over from Mr Stephen Lee as SUSS chancellor from Oct 1.
I wonder what other pearls of wisdom she will spew out at SUSS.
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Singapore Is it really the most expensive place to live
Singapore has been ranked one of the most expensive city in the world, by the Economist Intelligence Unit (EIU) in its annual Worldwide Cost of Living (WCOL) survey.
The Economist Intelligence Unit’s (EIU) Worldwide Cost of Living (WCOL) survey is designed to help human resource managers and finance managers around the world calculate cost of living allowances and build compensation packages for expatriates and business travellers. Hence, it may not reflect the cost of living for Singaporeans.
First, the WCOL survey’s consumption basket does not reflect what Singaporeans usually consume.
The WCOL survey looks at the prices of a common set of products and services in the various cities to allow for city-to-city comparisons. As such, its consumption basket may not reflect what Singaporeans usually consume and is therefore not a good gauge of cost of living for Singaporean households. For instance, its consumption basket includes products such as brand name raincoats and foreign daily newspapers – these are typically not purchased by Singaporean households.
The possessions that expats yearn for are the same as what S'poreans want i.e. the 5 Cs. It is simply because the hoi polloi in S'pore cannot afford them - not because the average S'porean does not desire these luxuries.
 
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