A global survey showing that it is now the world's most expensive city has been downplayed by Singapore. Finance Minister Tharman Shanmugaratnam said reports like the 2014 Worldwide Cost of Living survey by the Economist Intelligence Unit (EIU) are aimed at measuring expatriates' expenses. "It is not that these surveys are wrong, or that they are misguided. But they are measuring something quite different from the cost of living for an ordinary local ...
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Friday, March 7, 2014
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