Singapore — The city of Singapore was ranked fifth in the latest Global Power City Index, in which the cities of the world are ranked by a Tokyo-based think tank.
The Index evaluates the major cities of the world on their ability to attract creative people and businesses from around the world. This is the sixth time the Index has been announced by the Institute for Urban Strategies at The Mori Memorial Foundation.
London held the top spot for the second straight year, followed by New York, Paris, and Tokyo.
Singapore came in fifth for the fifth year in a row.
It also includes other factors like cultural interaction, the environment, and accessibility.
It surveys viewpoints from various groups such as managers, artists, residents, researchers, and visitors.
Singapore came in second among managers, but just 39th among artists.
It ranked highest in cultural interaction, coming in fourth, and lowest in liveability at 34th.
Heizo Takenaka, chairman of the Institute for Urban Strategies at The Mori Memorial Foundation, said: “Singapore is consolidating their power at the base of education. Singapore is the education hub in the Asia Pacific, I think, that is one factor”.
“Also, Singapore is very innovative in many fields. The government — you have a very smart government actually, and they have a very positive mind towards reform.”