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  • Iloilo City - Philippines!

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    Cities have always been the natural economic units of theworld. But in the past several decades, what we once thought of as separatecities ?with central cores surrounded by rural villages, or later bysuburbs ?have grown into "megaregions" composed of two or morecities, like the Boston-New York-Washington corridor. Richard Florida of www.bnet.com

  • SHANGHAI

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    The geographical location of this city makes this city a central place to be a major participant in the country's overall economic and financial portfolio. There are too many attractions in this historical city but the Bouskoura forest is the only natural attraction in the city. Not only this but there is so many other things to do and places to visit while having a family trip or a business tour to this attraction of Morocco. You can find a lot of foreign tourists in Casablanca and if you are traveling from London, you can easily book your cheap flights to Casablanca from London.- Allen Ross

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    A city usually consists of residential, industrial and business areas together with administrative functions which may relate to a wider geographical area. A large share of a city's area is generally taken up by houses, roads, and streets. Lakes and rivers may be the only undeveloped areas within the city. - www.knowledgerush.com

  • Daegu - South Korea!

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    In a big city, people have the best chance to study and work. There are many good universities to choose from in a big city. Moreover, when you graduate, you also find it easier to find opportunities to get a good job with a good salary. That is quite difficult in small cities or countrysides, where there are not as many many big companies and groups. Hence, many graduate students choose big cities to live and work. In short, it is where you can take advantage of a city's benefits for yourself.

Tuesday, December 6, 2011

Japanese cities most costly for Asia expats: survey

Expatriates in Japan have the highest living expenses compared to their counterparts working elsewhere in Asia, due largely to the Japanese currency's recent sharp rise, a global survey said Tuesday.

Human resource firm ECA International's latest survey of expatriate living costs showed Japanese cities occupied the top four most expensive locations in Asia, with Tokyo ranked first followed by Nagoya, Yokohama and Kobe.

The Japanese capital also topped the global list of most expensive locations for expatriates, according to the survey carried out in September.

The yen has risen by about 20 percent against the US dollar in the past 12 months and expatriates who are paid in currencies such as the greenback are feeling the impact, said Lee Quane, ECA International's regional director.

"It is not because prices have risen in Japan, they are still benign," Quane told AFP.

"Although we had a tsunami and the impact on the supply chain, that has had very little knock-on effect on the price that people pay in the supermarkets.

"Expatriates who are paid in yen won't feel much difference but for those who are paid in other currencies such as the US dollar, they will be the ones who are most affected."

In recent months, investors have flocked to the Japanese currency as a safe haven amid volatile markets stirred by eurozone debt fears and concerns for the global economy.

Rounding up Asia's top ten list of most expensive locations are fifth-placed Seoul followed by Singapore, Beijing, Shanghai, Hong Kong and Busan.

While living costs have risen by more than eight percent on average in Asia, this has not dented the appeal of the region to foreign companies, ECA International said.

"People still want to move here, companies still want to expand their operations here," Quane said.

The ECA International survey is carried out twice a year in March and September by measuring a basket of common items purchased by expatriates in more than 400 locations globally, such as dairy produce, vegetables, clothing and meals out.

The survey does not include housing, utilities, car and school expenses as these items can make a significant difference to costs but are often compensated for separately in expatriate packages, the firm said.

source: AFP news