Home Asia Featured News Singapore ranked world's most expensive city for 5th year in a row...

Singapore ranked world’s most expensive city for 5th year in a row as ranking on index drops

Author

Date

Category

Singapore has been ranked the world’s in the latest Cost of Living Report for the 5th consecutive time. The report, by the Economist Intelligence Unit (EIU), tied Paris, France and Zurich, Switzerland in second place while and Seoul, Korea took fourth and sixth place respectively.

, Japan was notably absent in the list. was the last city to take the top spot in 2013 until Singapore beat out of the .

The results by the EIU come as Singapore’s ranking in the United Nations Sustainable Development Solutions Network’s happiness index has been plummeting, year after year.

This year, the World Happiness Report has ranked Singapore in the 34th place. Singapore was ranked in the 26th place last year and was ranked 22nd spot in 2016. This means that Singapore has dropped 12 notches since 2016.

Elsewhere in , came in at 26th place, topping Singapore. Malaysia came right after Singapore, at the 35th spot while , , , Indonesia and Myanmar came in at the 46th, 71st, 95th, 96th and the 130th spots respectively.

The annual happiness index ranks 156 territories according to categories like per capita, support, healthy life expectancy, , generosity, and absence of corruption.

Advertisement

Popular

Anwar warns investors not to believe rumours linking Bursa Malaysia stocks to him

KUALA LUMPUR, Oct. 12 -- Opposition leader Datuk Seri Anwar Ibrahim has asked Bursa Malaysia and the Securities Commission...

Muhyiddin resignation is necessary after losing majority maintains Anwar

Anwar Ibrahim, the opposition leader of Malaysia, says it is necessary for PM Muhyiddin Yassin to resign now that...

DRDO chief says India can have complete missile system in 4-5 years

India, Oct. 14 -- Defence Research and Development Organisation (DRDO) chief G Satheesh Reddy on Wednesday expressed hope that...
YouTube
LinkedIn
LinkedIn
Share
Instagram