Bangkok rises to 90th most costly location for expats – survey
17 December 2018
Bangkok has risen 32 places and entered the top 100 most expensive locations for the first time, according to the latest cost of living survey published by ECD International.
“Over the past five years, Bangkok has climbed more than 80 places. The Thai capital now sits in 90th place in our cost of living rankings. The baht has strengthened in recent years, as the economy has expanded and the political landscape has stabilised.
“This means that Thai locations are now significantly more expensive for expat workers than they have been in the past,” Lee Quane, regional director – Asia, said on Monday.
While Malaysian cities have seen big rises in the rankings, all three of the country’s surveyed locations still sit outside of the global top 150.
Kuala Lumpur is the highest placed Malaysian city, having risen 24 places to 188th.
Singapore has returned to the global top 20 most expensive locations for expats as the 18th most expensive city in the world for expatriate workers.
Within Asia, Singapore is the ninth most expensive location.
ECD International is a leading provider of knowledge, information and software for management and the assignment of employees around the world.
Source:http://www.nationmultimedia.com/detail/breakingnews/30360572
