atans1

S’pore: Despite FTs, an expensive place to make pancakes

In Economy on 27/02/2012 at 4:55 am

According to the chart in this link, only Japan, HK, Switzerland and Norway are more expensive places to make 12 -15 pancakes using 110g of sifted flour, 2 eggs, 200ml of milk and 50g of butter. And this was when we had FTs making the pancakes! Soon we will overtake Switzerland.

When Goh Chok Tong talked of a  Swiss standard of living for S’poreans, he must have meant cost-wise. SIGH. Zurich is the most expensive city in the world, and S’pore is eight places behind. http://atans1.wordpress.com/2012/02/15/spore-9th-most-expensive-city-in-the-world-up-88-places-in-10-yrs/

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  1. This seems to be a fairly straightforward comparison on the costs of materials. Not too sure what FT has to got to do with it. Of course, wondering how much of that price is due to high rents is a nice intellectual exercise as well.

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