Home News Singapore still among top 5 most expensive Asian cities for business travellers

Singapore still among top 5 most expensive Asian cities for business travellers

Singapore is ranked fourth most expensive city though living costs for business travellers in Singapore dropped 2.3 percent since 2018

Author

Date

Category

- Advertisement -

A recent report by ECA International showed that the cost of living for business travellers in Singapore is cheaper than in Hong Kong. Average cost of living per day is at US$468 (S$634) in Singapore while US$515 (S$698) in Hong Kong. Expatriates also seem to prefer Singapore over Hong Kong in terms of liveability.

The study concluded that Hong Kong is the most expensive city in Asia for travellers on business trips. For the second year in a row, Hong Kong is more expensive than Tokyo and Seoul, ranked second and third respectively.

Singapore is ranked fourth. Living costs for business travellers in Singapore dropped 2.3 percent since 2018.

New York, the most expensive city for business travellers, averages at US$799 (S$1,083) per day.

- Advertisement -

Hotel and living accommodations comprise the largest chunk of expenses, taking more than half the total cost of living.

Infographic from ECA International.

The research by ECA International studied data from 400 locations across 195 countries, considering the costs in 3 to 5 star hotels, meals, laundry, beverages, emergency costs as well as taxi fares.

“The cost of a business trip to Singapore has stayed relatively static due to the steady level of international business travel to the country,” as reported. The cost of hotel rooms got somewhat cheaper, from US$256 (S$347) per night in 2018 to US$249 (S$337) per night this year.

Additionally, Johor Bahru is ranked the cheapest destination for business travellers in Asia. Average cost of living per day is at just US$184 (S$249)./TISGFollow us on Social Media

Send in your scoops to news@theindependent.sg 

No tags for this post.
- Advertisement -

MOH asks hospitals to delay non-urgent surgeries to conserve resources for Covid patients

Singapore— With Covid-19 cases rising, the Ministry of Health (MOH) asked hospitals on Monday (May 3) to delay non-urgent surgeries and give priority to the treatment of Covid patients. In a statement, MOH said it is "working closely with all public and...

5 KTPH staff disciplined for ‘error’ that led to unnecessary treatment of breast cancer patients 

Singapore—Five staff members of Khoo Teck Puat Hospital (KTPH) have been disciplined for a laboratory incident that led to inaccurate test results and unnecessary treatment for some breast cancer patients. The staff members were disciplined for "not adequately performing their duties and...

MOH confirms 17 new Covid-19 cases, five linked to Tan Tock Seng Hospital cluster

Singapore -- The Ministry of Health (MOH) has preliminarily confirmed five new cases of locally transmitted Covid-19 infection that are linked to the cluster at Tan Tock Seng Hospital (TTSH). Tuesday (May 4) also saw another 12 imported cases. It is the ninth...
Follow us on Social Media

Send in your scoops to news@theindependent.sg 

No tags for this post.
Theindependent