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Bangkok 2nd most expensive city in ASEAN

Boris Sullivan

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Bangkok has now become the second most expensive city to live in within ASEAN, losing only to Singapore.

Phuket, Pattaya, and Chiang Mai have also made their way onto the top 10 list of most expensive cities to live in ASEAN.

Numbeo has reported the list of cities in ASEAN with the highest cost of living in 2019 on January of the year.

Numbeo is the largest database with data contributed from citizens of the world. Numbeo concludes their cost of living information based on housing prices, health care database, average food costs, and more.

The website currently has 4,983,263 prices in 8,819 cities entered by 417,569 contributors from all over the world.   Thailand is known for its cheap food and cheap living expenses, but today this is not so true in Bangkok.

Bangkok ranks now second most expensive city in Asean, behind Singapore
Thailand has registered four cities in the top 20 most expensive cities in Asean, according to numbeo.com

The average cost of living for one person in Bangkok is 21,000 THB, the cost of housing or rent is not included in this number.

For a family of 4 people living in Bangkok, the average is at 75,800 THB, and this number does not include rent or housing costs. Cost of living in Bangkok is the 2nd highest in ASEAN.

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Corporate

Employers should hire new workers based on their potential

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A Thailand representative office is essentially a branch of a foreign corporation

58 percent of employers have hired employees based on their potential, and 94 percent of them said their potential-based hires had become a valuable part of their teams. 

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Asean

ASEAN bucks record 155 billion USD FDI in 2018

The flow of foreign direct investment (FDI) into the 10 ASEAN countries has gone up for the third consecutive year, breaking a record 155 billion USD set in 2018.

Olivier Languepin

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Last year inflows to the ten-member Association of South East Asian Nations (ASEAN) were up 11.5%, from US$147 billion in 2017 to $155 billion in 2018, according to new UNCTAD research.

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Asean

Thailand to renegotiate GSP with US delegation at ASEAN Summit

The United States recently announced the cancellation of Generalized System of Preferences benefits, which used to allow 573 items exported from Thailand to the US to be exempt of import duties.

National News Bureau of Thailand

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Apart from resolutions to be made by ASEAN leaders at the ASEAN Summit in November, the Thai government will seek this opportunity to hold a talk with the U.S. regarding the decision to revoke the Generalized System of Preferences (GSP) treatment previously given to 573 Thai products.

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