Arab Today, arab today japanese cities most costly for asia expats
Last Updated : GMT 10:17:35
Arab Today, arab today
Arab Today, arab today

Japanese cities most costly for Asia expats

Arab Today, arab today

Arab Today, arab today Japanese cities most costly for Asia expats

Singapore - AFP

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.  

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japanese cities most costly for asia expats Arab Today, arab today japanese cities most costly for asia expats

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today japanese cities most costly for asia expats Arab Today, arab today japanese cities most costly for asia expats

 



Arab Today, arab today
Arab Today, arab today Arab tradition glitters in Colombia

GMT 12:59 2017 Thursday ,19 October

Arab tradition glitters in Colombia
Arab Today, arab today Second US judge orders freeze

GMT 08:04 2017 Thursday ,19 October

Second US judge orders freeze
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Tillerson heads to Gulf, downbeat

GMT 09:23 2017 Friday ,20 October

Tillerson heads to Gulf, downbeat
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Actress Shery Adel happy for Egypt’s qualification

GMT 08:57 2017 Wednesday ,18 October

Actress Shery Adel happy for Egypt’s qualification
Arab Today, arab today Climate-disrupting volcanoes helped topple

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 07:47 2017 Tuesday ,17 October

Hussein Fahmy happy for honoring in festival

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 18:29 2017 Sunday ,03 September

Designer produced new set of ornaments

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:43 2017 Wednesday ,18 October

Fake dentists ply brisk trade

GMT 06:52 2017 Monday ,16 October

Airbus CEO says won't cling to job

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 19:29 2017 Tuesday ,29 August

Yomna: decoration leaved positive effects
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday