Lee Quane explores key findings from our latest Benefits for International Assignments Survey and what this means for mobility professionals across the APAC region.
Locations in Malaysia – Kuala Lumpur, George Town and Johor Bahru – have risen in the global rankings over the past year.
As Hong Kong expects to receive the highest number of business travellers since 2019 it remains the most expensive location in the region for business travel.
Singapore maintains its status as the most liveable location for expatriate workers from East Asia since 2005.
Workers in Hong Kong are expected to receive a salary increase of 4% in 2023, 0.5% higher than 2022.
Singapore is now the fifth most expensive location in the world for expatriates, driven by rising accommodation costs
Hong Kong rose three places to fifth position in rankings.
While workers in Singapore will see a salary increase of 3.8%, inflation will set salaries back by 1.7% in real terms this year.
Hong Kong is the second most expensive location in the world for expatriates