It's official: Singapore is getting cheaper

Okay, it's only by 0.4 percent, but latest figures show Singapore actually got cheaper in the last six months of 2009 as deflation hit.

The consumer price index (CPI) for general households during July-December 2009 fell by 0.4 percent compared to the same period in 2008, as opposed to a 0.8 percent increase in the first half of 2009. The CPI for the highest 20% income group dropped by 0.1 percent, 0.5 percent for the middle 60% income group, and 0.8 percent for the lowest 20% income group.

Overall, the 2009 inflation rate for general households was lower compared to 2008, at 0.2 percent from 6.5 percent. Higher costs of food and health care were cited as factors in last year's rise in the CPIs for all income groups, with higher accommodation costs also affecting CPI for the top 20% income group.

Cheaper petrol and holiday travel and lower electricity tariffs partially offset the price increases in 2009.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia