S'pore moves up to No. 4 in list

S'pore moves up to No. 4 in list

Singapore has moved up a notch to fourth most desirable place to live and work while Hong Kong remains unchanged at No. 6, according to a new survey.
The United States remains the most popular destination with Britain and Australia next, although their popularity is waning.

The survey's better reading for Singapore over a year earlier mirrors the increasing trend of multinational corporations setting up shop here.

Information technology, oil and gas, pharmaceutical and engineering companies as well as commodity and corporate lawyers have been flocking here, said Mr Simon Walker, Asia managing director at global recruitment firm Hydrogen Group, which commissioned the survey.

There are clear benefits for Singapore such as more taxes collected and jobs created for locals.

The survey - business school ESCP Europe interviewed 2,353 people from across the world at the end of last year - found that 88 per cent of professionals who have moved here felt that their living conditions had improved.

Source: The Straits Times – 3 May 2012