PARIS (AFP) - Hong Kong retains its place atop the rankings for a third straight year as the world's most expensive city for expats, according to the latest Mercer annual report Tuesday (June 9).. Read more at straitstimes.com.
PARIS - Hong Kong retains its place atop the rankings for a third straight year as the world's most expensive city for expats, according to the latest Mercer annual report Tuesday .
Sixth-placed New York - up three places - was the only US entrant to make it into a top ten featuring three Swiss cities - Zurich , Bern and Geneva .Ashgabat is suffering from"an economic crisis which has brought about a dire currency shortage and therefore problems importing," Mercer France head of mobility Jean-Philippe Sarra told AFP, with currency rate fluctuations and inflation further contributory factors.
After New York, San Francisco was the next US entrant, maintaining its 16th place, while Los Angeles rose one spot to 17th.
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