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https://sg.finance.yahoo.com/news/singapore-ranked-most-liveable-city-220000368.html Singapore has maintained its position as the most liveable city in Asia, according to global mobility specialist ECA International in its annual location rating report. "With excellent infrastructure and facilities, low crime rates and little exposure to socio-political tensions, Singapore remains a very attractive location for expatriates," says Mark Harrison, ECA general manager for Asia. "However, other regional locations have improved, and the gap between Singapore and other locations has fallen." ECA's Location Ratings evaluate cities worldwide to assess the overall quality of living for expats in over 500 locations across the globe. The ranking is based on various liveability factors, including availability of health services, housing and utilities, access to a social network, recreational and leisure facilities, infrastructure, climate, personal safety, socio-political tensions and air quality. Hong Kong's overall ranking has fallen in the last five years but remains in the top 10 most liveable Asian cities. Since 2022, Hong Kong's liveability has improved since the final Covid-19 restrictions were removed. In terms of liveability for Asian expatriates, Hong Kong has fallen over the past decade from 17th globally in 2013 to 77th in 2023. "Since political demonstrations in 2014 and protests in 2019, elements of our assessment related to socio-political tensions and freedom of expression have worsened," notes Harrison. "However, Hong Kong still has excellent facilities, infrastructure, recreational options and low crime rates and remains attractive relative to many other locations in the region." Hong Kong is behind Singapore, Japan and Busan in the Korean Republic in ECA's Asian rankings. "The intrinsic risk of disruption caused by typhoons, relatively high levels of pollution and difficulties in obtaining suitable accommodation are factors which count against Hong Kong compared to locations such as Singapore," adds Harrison. Despite facing challenges associated with natural disasters, Tokyo is the second most liveable city for Asian expatriates. Indeed, Tokyo has risen from the 9th spot in 2013 to become the second most liveable city in ECA's latest assessment. Over the past decade, mainland Chinese cities have climbed significantly in the rankings despite losing some of their momentum during the COVID-19 pandemic. "The zero-Covid policy and associated restrictions caused many Chinese cities to fall in our rankings for a couple of years," says Harrison. "But when we look at our current assessment compared to five or ten years ago, we can see that Chinese cities have risen notably in the rankings as living conditions have improved." Some aspects of life continue to be challenging for expatriates in mainland China, such as high levels of pollution, censorship, and suboptimal healthcare facilities. However, improvements in areas such as transport infrastructure and international schooling provision are the reason cities like Shenzhen (137th this year compared to 152nd ten years ago), Xi'an (163rd this year compared to 176th), and Wuhan (up from 160th to 145th) have improved in the rankings. Yangon in Myanmar is the location that has fluctuated most in the rankings over the past 10 years. Between 2013 and 2018, there was a significant improvement in its rankings (from 225th to 208th) following the reinstatement of civilian rule and strong economic growth. However, this progress was reversed when the military seized power again in 2021, and Yangon is now back down to 229th position, lower than it was 10 years ago. Elsewhere in Southeast Asia, there have been small but significant improvements in transport infrastructure, health services and recreational facilities in several locations. These cities have become more attractive to expats, for instance, Jakarta (which moved up from 213th to 196th spot), Phnom Penh (from 200th to 184th) and Hanoi (up from 160th to 144th). Outside of Asia, cities in New Zealand and Australia are the most liveable for Asian expatriates. Wellington and Adelaide are tied in second place alongside Tokyo. Eindhoven in the Netherlands is the highest-rated European city at 7th place, while Vancouver, Canada, has the highest ranking among cities in North America.

What say u? https://medium.com/the-ascent/get-rich-and-drive-a-toyota-camry-3acb4288a5b6

...provided you are alive. The man who has this money has passed away at a relatively young age, but his final "home" (coffin) is no bigger than the beggar on the street who has passed on. http://www.channelnewsasia.com/news/singapore/cdl-deputy-chairman-kwek/2265690.html Change your perspective of life. Be content with what you have. There is no end to the paper chase. Don't make the mistake of spending your youth chasing after wealth & glamour.... Only to spend your retirement years chasing after health.... You will be in no capacity to enjoy your wealth !

In recent and not so recent times, we've seen the famous Ferrari speeding, running the red lights and crashing into the taxi, we've seen a BMW 7 series parking at the exit of a parking lot, blocking other drivers from exiting, we've seen a Lexus crashing into another vehicle and running from the accident. Granted, there are still accidents caused by not so rich people, but it seems that the rich people are taking over the news with their antics. Why? Maybe this video can shed some light.

WARNING long article Isn't private banking is still a much coveted job and didn't many private banks say they are aggressively expanding? Clinton Ang, the grandson of a gunny- sack seller who emigrated last century from China to Singapore, oversees a fortune valued at almost $80 million for himself and three siblings. That makes him a target for wealth managers in Singapore, the private-banking capital of Asia. Yet the 39-year-old managing director of Hock Tong Bee Pte, which evolved from his grandfather

Unfazed by the European debt crisis and sluggish global economy, Rolls-Royce plans to increase the number of dealers from 105 to 120 worldwide in countries such as Vietnam, Thailand and Chile to target the well-to-do. Rolls-Royce is counting on the growing wealth in Asia and South America to generate demand as the debt crisis dampens sentiment among Europe's rich. The number of households in these regions with more than $5 million in assets is set to grow by 3 to 5 percent per year in the coming years, said Torsten Mueller-Oetvoes, Rolls-Royce's CEO. "Of course, we feel that the mood isn't the best in certain markets, but we're able to compensate with growth in places such as Russia, the Middle East and China," he said. "Our goal is to grow sustainably and not chase volume. Rolls-Royce will remain exceptional," Torsten added. The concentration of wealth is increasing in developing markets. The Asia-Pacific region overtook North America with the most high-net worth individuals in 2011. Earlier this year, Rolls-Royce created a Year of the Dragon special edition of the Phantom for the China market, featuring a hand-painted gold dragon on each side of the wheelbase. They were sold out within two months. China is the perfect example rising affluence in Asia.

if you have 4 adults in your household, congratulations you are a US$ millionaire household. Also average singaporean household only have little debt despite high COE and property prices. But i have a question, what is the definition of non financial asset? FROM BT THE average household wealth per adult here jumped 129 per cent from US$112,800 (S$138,654) in 2000 to US$258,117 in the middle of this year. Credit Suisse Research Institute, announcing the figures on Wednesday, said this made for an average increase of 7.1 per cent a year. In its latest annual Global Wealth Report 2012, it said Singapore's average wealth per adult puts the country as the third wealthiest nation in the Asia-Pacific, and eighth globally. Here, more than 80 per cent of the population have assets above US$10,000; 48 per cent have assets above US$100,000. Household total assets here are divided roughly equally into financial assets (48 per cent) and non-financial assets (52 per cent). The average household debt of US$45,600 is moderate for a high-income country, equating to 18 per cent of net wealth; the average is 20 to 30 per cent of wealth in advanced economies. As a nation, Singapore's total wealth shrank by US$25 billion or 2.5 per cent to US$1 trillion in the past year, mainly due to reduction in household financial assets measured in USD. Globally, aggregate global household wealth fell 5.2 per cent or by US$12.3 trillion in current dollar terms to US$223 trillion between mid-2011 and the middle of this year, due to the Eurozone debt crisis and the global economic slowdown. The report also noted that the Asia-Pacific overtook Europe as the world's largest wealth holding region in current dollar terms by the middle of this year, after Europe lost household wealth of US$10.9 trillion

Huat ah!!!!! http://business.asiaone.com/Business/News/...305-331708.html

Brothers and Sisters of MCF, Do you keep track of the above? Care to share?

Rising property prices boost Singapore households' wealth Rising property prices have boosted Singapore's households to their wealthiest, according to a report released by the Monetary Authority of Singapore (MAS). Household wealth stood at a record high of $1.471 trillion in the three months leading up to September. This is an increase of 8.6 per cent from $1.354 trillion in the same period last year. Property made up approximately 50.2 per cent of household assets. Cash, Central Provident Fund balances, insurance and stocks and shares made up the other half. Companies and banks also showed good profits, with a strong base of funding and healthy balance sheets. However, not everything's in the pink of health for Singapore. The global economy and financial system are at their most fragile state since the global economic crisis of 2007, warned the MAS. MAS said that financial stability risks increased significantly in the second half of the year. In its annual report, it also highlighted key risks facing Singapore. These include a protracted global economic slowdown, financial contagion and pressures in the property market. A protracted global slowdown could weigh on the domestic economy, cause corporate earnings to fall, with knock-on effects on employment and wage growth, warned MAS. It also said that external shocks and financial contagion could trigger funding stresses and cause financial institutions to reprice risks. This could, in turn, lead to higher borrowing costs and curtail lending, especially in foreign currencies. While cooling measures have been implemented by the government, there is also a need to be cautious and vigilant about the property market. MAS is monitoring developments closely and stands ready to address such concerns. It said that Singapore's economy and financial system have been resilient, and that Singapore's financial sector had negligible exposures to the peripheral euro zone countries. MAS expects Singapore's economy to grow below its 3 per cent to 5 per cent potential in 2012, after expanding by about 5 per cent this year. http://business.asiaone.com/Business/News/...118-311363.html Hey all you Richie Rich! 50% of wealth in a property wor................

Saw this on CNN just a while ago and tried it... Interesting... www.gapminder.org The GDP/population is crap.... From the calculation, singaporean has higher income than Japanese.... I guess, they didn't know, what is gahmen's money is gahmen's money, what is our money is still gahmen's money...

Yahoo News latest report: C'wealth Games supremo Kalmadi goes AWOL AFP - Friday, September 24 NEW DELHI (AFP) -

We are seeing more and more University students driving to school. In particular, for 21-year-old student Dhiaa Al-Essa, he may have the headache of choosing which car to drive. Son of a mega wealthy Saudi businessman, Dhiaa is the youngest person to own a collection of 30 supercar and luxury vehicles worth

Dear all, as above ....between the two....which will you choose ??? Health more important or wealth....or equally??? Trying to find the balance between both.....as i been struggling with it. Thanks...

- Thursday, August 5Send IM Story Print NEW YORK (AFP) -

To the driver of SFL 9678 X, don't think you drive Cayenne Turbo can bully others I was at Ikea Tampines. This Cayenne was straddling 2 lanes, both IN and OUT. Got the cheek to stop there and diao me when you already blocked my path. Cause everyone to kena stuck. Your license can throw away. I was going straight and you were waiting to turn and against traffic. Not me. Hot sia

hello comrades, Received this email scam recently. Have read one of such where the conman was taken for a ride & had even gone to the extent of getting himself tattooed Maybe can someone reply to them that we believed in instant coffee..not instant wealth Peace be upon you (Assalam Alaikum). > > After having gone through your profile, I prayed and decide to confide in > you for this simple and sincere business bearing in mind that one has to > take some risk at times to survives trial times. > > I am Miss.Fatima Morad 18 yrs of age, from United Arab Emirate (UAE). The > only daughter to the late MR & MRS. IBRAHIM MORAD who establish his cocoa > and coffee farm at GHANA here in West Africa I escaped from our country > immediately my both parents where murdered by his business partners As a > result of greed and instability on accounting concerning their cocoa and > coffee export business, my father established his cocoa and coffee export > business in Ghana were he took the whole family to reside for past twenty > six years. > > He went back to UAE for the sales of his property, and was shot and killed > by the hired assasine to take over the his properties and business in the > country. The death of my father and mother has now made me an orphan and > there by exposing me to danger. > > Before his unfortunate death, my late father told me that he deposited a > funds in an escrow account totaling the sum of $25,250,000.00 million > United States dollars with the barclays Bank of Ghana. As a result of the > present insecurity of lives and property in this country, I wish to > request that you assist me transfer this Funds in your country since I am > still under age. > > Again to assist me with a letter of invitation that will make me get a > visa to your country for residence in order for me to continue my > education and to invest the fund in a valuable business venture. I am > willing to give you 25% while 5% has been earmarked for expenses. I shall > attach to you by email all the legal documents that is backing this my > Inheritance Funds making it 100% risk and free, when next I hear from you. > If this is acceptable to you, please you can contact me for way forward. > Thanks and remain bless. > Best regards, > Ms. Fatima Morad. [email protected]

Who thinks they will be millionaire in 2017? http://www.todayonline.com/articles/252410.asp

http://www.wealth-mentors.com/aboutus.asp Anybody tried this? Would you recommend this program?