SINGAPORE Ranked World’s Most Expensive City for 8th Time in a Decade, With ‘Consistently High Cost of Living’: Survey

Posted by Asia Views | Dec 2, 2022 | 0 |

Today-Dec 1

Singapore has tied with America’s New York to share the unwanted title of being the most expensive city to live in, the latest Worldwide Cost of Living index showed.

Results of the survey by the Economist Intelligence Unit (EIU), which were released on Thursday (Dec 1), showed that a combination of high incomes and a strong exchange rate propelled both financial hubs to the top of the list. While this is the first time New York has topped the rankings, it is the eighth time for Singapore in the past decade. Last year’s top spot was held by Israel’s Tel Aviv, with Singapore sharing the second position with France’s capital, Paris. New York was ranked sixth.

Top 5 top city rankings are: 1. Singapore, 2. New York, USA, 3. Tel Aviv, Israel, 4. Hong Kong, special administrative region of China, 5. Los Angeles, USA. The bi-annual survey, conducted between Aug 16 and Sept 16 this year, compares more than 400 individual prices across more than 200 products and services in 172 cities.

EIU — the research and analysis division of the Economist Group said that the survey has been designed to enable human resources and finance managers to calculate cost-of-living allowances and build compensation packages for expatriates and business travelers. The Ministry of Trade and Industry (MTI) said in December last year, after the release of EIU’s previous report, that the results “may not reflect the cost of living of Singaporean households.” Last year, MTI said that EIU’s survey findings were compiled by comparing the prices of goods and services across countries and converting them from their domestic currencies to US dollars. “This means that the rankings are sensitive to currency fluctuations. However, currency fluctuations have less impact on the cost of living of Singaporeans who earn their income in Singapore dollars,” MTI said then. Read more at: https://www.todayonline.com/singapore/consistently-high-cost-living-singapore-ranked-worlds-most-expensive-city-8th-time-decade-survey-2061111?cid=internal_mcdrecs_02122022_tdy#mdcrecs_s

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EXTRICATING NDONESIAN CHILDREN FROM ISIS INFLUENCE ABROAD

Indonesia urgently needs to revisit the possibility of repatriating the neediest of its young citizens stranded abroad, whose families had earlier joined ISIS. Most of these children are in camps in northern Syria but there are also small numbers in the Philippines, Afghanistan and Iraq. “Extricating Indonesian Children from ISIS Influence Abroad”, the latest report from the Institute for Policy Analysis of Conflict (IPAC) argues that the government could begin by bringing back small groups of unaccompanied children under ten years of age, who pose minimal security risk and are most vulnerable to deteriorating conditions in the camps.“The problem is that health and security conditions are worsening by the day in the Syrian camps, and the children are growing older,” says Dyah Kartika, IPAC analyst. “They need access to schools, a nurturing environment, and medical attention. If the government waits too long, the children will be further exposed to ISIS ideology.” The new report examines a 2019 list of Indonesians in camps and prisons run by the Kurdish Syrian Democratic Forces (SDF). The Indonesian government has been trying to verify their citizenship, but with pseudonyms, misspellings and bad transliterations, it is a daunting task. At the time the data was collected, between March and June 2019, there were 555 Indonesians in SDF camps and prisons, including 367 children. Among the children, approximately 277 were under the age of ten and 34 were unaccompanied. In June 2021, there are fewer than ten children who are both unaccompanied and under the age of ten that could be prioritized for return. Bringing back children of ISIS families is no easy task. The report analyses the main challenges faced by the Indonesian government. These include definitional issues, bureaucratic competition, the difficulty of verifying nationality, evaluating the toll of exposure to conflict, assessing security risk, and finding relatives or others willing to provide care once the children are returned. In addition, COVID has meant stringent restrictions on travel, placing further obstacles in the way of repatriation. There are several models for rehabilitation of children exposed to violent extremism in Indonesia that could be modified to accommodate the needs of children repatriated from abroad. The report examines these models and argues that the government does not need to have every detail of rehabilitation programs in place before it starts extricating children from ISIS influence. It can start by bringing back the most vulnerable children and then modify programs as needed.

“It’s important that the government see these children as victims” says Dyah. “They deserve a chance to be children again.”

SINGAPORE Ranked World’s Most Expensive City for 8th Time in a Decade, With ‘Consistently High Cost of Living’: Survey

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