Tag: cost of living

Has Singapore achieved a “Swiss standard” of living by overtaking Zurich as the 3rd most expensive city?

According to a 2019 worldwide ranking on cost of living, Singapore placed third. Mercer’s 2019 cost of living ranking saw Singapore two ranks above Zurich, Switzerland. In the 2018 ranking, Zurich was placed third, and Singapore, fourth. In 1984, before now-Emeritus Senior Minister Goh Chok Tong...

For expats, life in Hong Kong is more expensive than in Singapore

Singapore—The good news is that it is cheaper to live in Singapore than in Hong Kong, if you’re an expat, that is. The bad news is that the little red dot is now the third most expensive place in the world for an expat...

Singaporeans feel that every time PM Lee aims to alleviate cost of living, he elevates it

Since yet another announcement of costs in Singapore going up – this time bus and train fares – has struck a chord with many Singaporeans. The announcement for a 4.3 per cent planned increase in bus and train fares came after a 30 per...

PM Lee has been assuring Singaporeans that the Government will help to manage the cost of living since 2011

Ahead of the National Day Rally that was held last Sunday, PM Lee said on his Facebook page, "I shall be talking about things which are on people's minds: cost of living, water and electricity prices, medical costs and housing." Singaporeans - who are contending...

PM Lee says living in Singapore is affordable, while Singaporeans gripe about not being able to afford raising children

During his National Day speech this year, Prime Minister spoke about costs of living in Singapore and how the Government manages costs of living for its people. Delivering his speech, he said, “Kampung Admiralty is an example of what the Government is doing to transform...

Malaysia inflation figures does not tally with rising prices

Bank Negara Malaysia's records show headline inflation was unchanged at 1.8% in December (November: 1.8%). This said the prices of goods does not seem to follow the actual inflation rate as reported by the authorities. Instead, they are on the rise, as we said in an...

Malaysia: Cost of living woes linked to salary stagnation

KUALA LUMPUR -- It is proverbial among the local workforce that Malaysia, a country rich in so many ways, has an acute cost of living problem. As a result of our own little survey and we just scratched the surface, showed that salaries are still...

Want to smell the roses?

Wilson Poh, 53 , has just returned from holiday. Soon, he will be travelling again – this time with his wife and two children. He says it is a retirement treat he gives himself now and then. Poh is not your typical workaholic. He has...

Kin Lian on MediShield

Former CEO of NTUC Income and presidential candidate Tan Kin Lian talks to The Independent Singapore on what the new medical insurance scheme means. In what ways are the new proposals better than the present system? Medishield Life allows every one to be insured, including those...

Medishield Life: What is clear and not so clear

The MediShield Life scheme, the details of which were announced on Thursday, is to give Singaporeans peace of mind, a phrase that is being used often by the government. How far will it go in assuring Singaporeans, especially older Singaporeans, that it is better to...