11th March 2014, 12:18 PM
Re: Singapore named the world's most expensive city
Obviously you are not familiar with the MNC's and expats.
Originally Posted by ricohflex
With the rising costs of living many MNC think twice before sending people here at expat conditions. Secondly, not every person from a Western country is an expat. Many are trainees or on Exchange Programs (job rotation). The ridiculous price levels here make it difficult to them coming to Singapore because these expenses need to be justified. In that regard, Singapore is doing well in making itself highly unattractive. Luckily the price bubble is already losing steam, hope it will collapse soon.
Alternatively, those people sent here will get a local contract with some add-on items instead of the "expat pamper package". Depending on the tax regulations in their home country, having a local contract (and being subject to SG local taxes) might even be a better deal.
11th March 2014, 02:56 PM
Re: We are 1st!
I suppose at some point Singaporeans have to realise that Right Wing propaganda our government indulges in is rubbish....
Originally Posted by ArchRival