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THIS MONTH, READERS SHARE WITH US HOW THEY
GET THEIR DAILY CAFFEINE FIX.Thai tea to get the day started in
Bangkok. By @supawitket.A morning well spent in Phnom
Penh. By @jackiecole_.Coffee for two in Hanoi.
By @milesofsmiles._.Mandatory latte stop in Bali.
By @evadneang
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ILLUSTRATION BY AUTCHARA PANPHAIHow much bang can you get for your buck when you move abroad?
If you choose your destination based on human-resource consulting
firm Mercer’s most recent cost of living survey, Asia might not be
where you end up. The continent dominates their annual roundup of
the world’s most expensive places for expats, with five Asian cities in
the top 10. “Although a number of Asian cities remain amongst the
world’s most expensive, key financial hubs such as Hong Kong and
Singapore continue to attract talent and remain top choices for
relocation,” says Mario Ferraro, Mercer’s global mobility leader for
Asia, Middle East and Africa. He attributes the results to currency
fluctuations and notes that cities like Mumbai are moving up the list
because of their increasingly strong economies. Here, the top 10:LUANDA
Angola
The price of imports
and security makes
life costly for expats,
most of whom work in
the oil industry.HONG KONG
China
The Hong Kong dollar
is pegged to the U.S
dollar, which drives up
living costs.TOKYO
Japan
Concurrent with the
rise in the value of
the yen is Tokyo’s
rise from fifth place.Chinese cities fell
in ranking because
of the weakening
of the yuan.SHANGHAI
ChinaSINGAPORENEW YORK
U.S.ZURICH
SwitzerlandBERN
SwitzerlandGENEVA
SwitzerlandSEOUL
South Korea
T he high c os t of rent
earns Seoul a top
spot on the list.