Finance

Singapore surpasses Hong Kong as Asia's third most liveable city

Singapore surpasses Hong Kong as Asia's third most liveable city

Singapore has become more liveable than Hong Kong, according to the latest Global Liveability Ranking released by the Economist Intelligence Unit (EIU) on Wednesday (Aug 16).

The city is host to a number of major cultural and sporting events including the Australian Open, Melbourne International Film Festival and Formula One Grand Prix and scores high for student desirability, producing the highest number of technical graduates in the country.

The "liveability" of a city is ranked as per what locations around the world provide the best or worst living conditions. The improved score was due to improving education, which has led to it topping a global educational ranking based on mathematics, reading and science ability among 15-year-olds.

The report stated that although the top five cities have remained unchanged, " the past few years have seen increasing instability around the world, causing volatility in the scores of many cities".

Barcelona vs Real Madrid Results 1-3 - Highlights & Goals 13 August 2017
Messi scores - He sends the goalkeeper the wrong way, Navas diving to his left as Messi fizzes in a low shot. Barcelona are set to take on their historic rivals Real Madrid in the Spanish supercup tonight.

The annual report assesses 140 cities on political stability, health care, culture and environment, education and infrastructure.

Vienna, in Austria, missed the top point by only 0.1 percentage points.

The survey was topped by Melbourne for the seventh time, with Vienna coming in second, and Canadian cities Vancouver, Toronto and Calgary completing the top five. However, multiple economic crises and the looming threat of terrorism have made the average global liveability score fall from 76.1 percent in 2007 to 74.8 percent today.

Cities such as Manchester in the United Kingdom and Stockholm in Sweden have seen their scores decline as a result of recent, high-profile terrorist attacks.


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