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Singapore Now Asia’s Priciest City: Straits Times

New report from the Economist Intelligence Unit puts Singapore up two places in its index to joint second with Paris


Singapore
Some SMEs said they are grappling with the sharpest spike in electricity rates they have every encountered. Photo: Reuters.

 

Singapore is the most expensive Asian city to live in, with supply chain disruptions and rising fuel costs driving inflation to its highest level in years, The Straits Times said in a report on Wednesday.

The new report from the Economist Intelligence Unit puts Singapore up two places in its index to joint second with Paris. The top spot is now occupied by Tel Aviv, which dislodged Hong Kong to become the most expensive city in the world.

Read the full report: The Straits Times.

 

 

 

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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