Singapore notches new peak in top cities ranking

Singapore

SINGAPORE has jumped two spots to rank sixth in AT Kearney's Global Cities Index 2017 findings which were released on Wednesday.

This is the Republic's highest ever ranking in the Index since it was founded in 2008.

New York is the No 1 Global City this year, followed by London and Paris. Tokyo and Hong Kong came in fourth and fifth places respectively.

The Global Cities Index measures a city's performance based on business activity, human capital, information exchange, cultural experience and political engagement.

Singapore topped the global ranking for "online presence" (access to information via the Internet and other media sources), an indicator of a city's information exchange level.

Meanwhile, Singapore is ranked 11th in AT Kearney's Global Cities Outlook 2017, up from 17th in 2016.

San Francisco has retained its No 1 spot on the Outlook, thanks to continued strength in innovation. New York, Paris, London and Boston formed the rest of the top five cities on the Outlook.

The Global Cities Outlook - in its third edition - ranks cities in terms of their future potential. Its metrics are personal well-being, economics, innovation and governance.

Singapore took the joint top spot for "quality of bureaucracy", an indicator of governance. It shares the No 1 position with Zurich, Sydney, Melbourne and Geneva.

Soon Ghee Chua, partner and head of South-east Asia at AT Kearney, said: "In today's day and age, economic development by itself is no longer sufficient for a city to be a global hotspot.

"Cities are now measured on whether economic development is making lives better for residents. On that front, Singapore is a clear global leader."

He attributed Singapore's leadership to a business-friendly environment, a world-class education system, as well as digital connectivity.

Mr Soon added: "With an unrelenting focus on maintaining the highest quality of standards and ethics in bureaucracy and governance, the city-state is not only performing well today but is also positioning itself for continued growth and global influence in the future."

Singapore also made it to AT Kearney's "Global Elite" list, which comprised cities that ranked in the top 25 of both the Global Cities Index and the Global Cities Outlook.

Notably, London, New York and Paris featured in the top 10 for both the Index and Outlook.

A total of128 global cities across six regions were analysed for this study. AT Kearney is a management consulting firm founded in 1926.

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