Daily Archives: August 14, 2010
Asia-Pacific Cost of Living – 2010
Asia-Pacific has the top 2, most expensive cities in the world, as at 1 July 2010. Tokyo is first and Hong Kong the second most expensive location in the world (and most expensive in greater China), whilst Sydney is the … Continue reading
Latvia, Riga – Cost of Living
The economy of Latvia was until the middle of 2008 the fastest growing economy in Europe. It has had high GDP growth since 2000. In 2003, GDP growth was 7.5% and inflation was 2.9%. Unemployment was 8.8% in 2003, almost … Continue reading
Laos, Vientiane – Cost of Living
The economy of Laos is heavily dependent on investment and trade with its neighbors, Thailand, Vietnam, and, especially in the north, China. Much of the country lacks adequate infrastructure. Subsistence agriculture still accounts for half of the GDP and provides … Continue reading
Kyrgyzstan, Bishkek – Cost of Living
The economy of Kyrgyzstan was severely affected by the collapse of the Soviet trading block. Despite the backing of major Western lenders, including the International Monetary Fund (IMF), the World Bank and the Asian Development Bank, Kyrgyzstan has had economic … Continue reading
Why are Expatriates paid differently to local people?
Most countries have a two tier Pay Market. The two distinct pay markets are typically an Expatriate Market and a Local Market. The Expatriate Market is largely determined by the origin of each Expatriate. It is quite normal to … Continue reading
Kuwait, Kuwait City – Cost of Living
The economy of Kuwait is a small, relatively open economy with proven crude oil reserves of about 96 billion barrels, i.e. about 10% of world reserves. Petroleum accounts for nearly half of GDP, 90% of export revenues, and 95% of … Continue reading
