Singapore, Hong Kong are costliest cities for luxury spending: Report

Quick Summary:

Many of the biggest changes in the index are due to currency fluctuations as index prices are converted to US dollars for global comparison, the report said.

Singapore has continued to attract the ultra-wealthy by maintaining its reputation for political and economic stability, alongside a pro-business environment.

Santiago in Chile is now a more expensive place to live than Tokyo in US dollar terms – a situation that would once have been “unimaginable”, the report said.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: EconomyBusiness

Markets: SingaporeChileFranceHong KongMali

Topics: City Place 2023 Report Index Goods Singapore Hong Expensive Other Kong

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-25 @ 09:55:00 (5 days ago)

News Timezone: GMT +8:00

News Source URL: straitstimes.com

Language: English

Article Length: 579 words

Reading Time: 4 minutes read

Sentences: 32 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Straits Times

News ID: 21377438

View Article Analysis

About The Straits Times

Main Topics: EconomyBusiness

Official Website: straitstimes.com

Update Frequency: 6 posts per day

Year Established: 1845

Headquarters: Singapore

News Last Updated: 12 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #25

Publisher Details

Frequently Asked Questions