Singapore SMEs will now have more reason to introduce workplace health schemes for their employees.
According to Mercer’s recently published ‘2011 Cost of Living Survey’, Singapore is now the 8th costliest city in the world for expatriates. Nonetheless, data shows that Singapore is still as a top relocation destination in Asia for foreign professionals.
Although Hong Kong ranks close to Singapore as one of the top places to do business in the world, Singapore trumps Hong Kong as a popular immigration destination for senior-level professionals based on some salient “soft” factors.
A recent study by PricewaterhouseCoopers reveals that Singapore is the ninth most global city in the world and the top global city in Asia.
According to a recently released report by the Boston Consulting Group, it is the unassuming city-state of Singapore that boasts of the highest concentration of millionaire households in the world.
As Singapore complies with all the necessary attributes of a relocation destination, it has emerged to be a destination of prime importance to businesses and professionals from across the world.