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— - 4 Lee Quane - 3 Alexander Spatari - 2 CNBC's - 1 Oliver Browne - 1 Browne - 1 assignees - 1 Quane - 1
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ECA - 5 ECA International - 3 expats - 2 Asia - 2 New - 2 San - 2 World Bank - 1 Workers - 1

Search resuls for: "ECA International"


8 mentions found


☆ East Asia's growth is faster than the rest of the world but China headwinds weigh, World Bank says
  + stars: | 2024-04-01 | by ( Dylan Butts | ) www.cnbc.com   time to read: +1 min
As inflation continues to impact global economies, Asia-Pacific is the only region that will see real salary growth in 2023, according to ECA International. Growth in developing East Asia and Pacific is outpacing the rest of the world, but the region will likely see slower growth in 2024 amid headwinds in China and broader policy uncertainty, according to the World Bank. "It is a region that is still outperforming the rest of the world, but it is underachieving relative to its own potential," Aaditya Mattoo, East Asia and Pacific chief economist at the World Bank, told CNBC's "Street Signs Asia" on Monday. Growth in the region is expected to ease to 4.5% this year, slowing from last year's 5.1% expansion, according to the bank's East Asia and Pacific (EAP) update for 2024, which was released Monday. However, excluding China, growth in the region is predicted to reach 4.6% this year — higher than 4.4% in 2023.
Persons: CNBC's Organizations: ECA International, World Bank Locations: Asia, Pacific, East Asia, headwinds, China
☆ Asia-Pacific will see the biggest jump in real salary next year. Here are the top performers
  + stars: | 2023-11-09 | by ( Charmaine Jacob | ) www.cnbc.com   time to read: +1 min
This year, nine out of 12 places in Asia-Pacific received the highest real salary increases in the world, ECA International reported. Workers in Asia-Pacific are predicted to receive the biggest real pay increase in 2024, according to ECA International. The average real salary increase — which is nominal wage growth minus the rate of inflation — is expected to increase by 2.2% in Asia-Pacific, more than twice the global average of 1%, according to the Salary Trends Report. The North and South America region is expected to receive a 2% real salary growth, while Africa and the Middle East could see growth of 0.8%, the data consultancy said. Europe is set to lag behind most regions and employees there may only receive a 0.9% increment in real salary next year, the study showed.
Persons: Oliver Browne, Browne Organizations: ECA, Workers, ECA International Locations: Asia, Pacific, South America, Africa, Europe
☆ Japan is Asia's most expensive location to send expats — here are the other top spots
  + stars: | 2023-08-04 | by ( Goh Chiew Tong | ) www.cnbc.com   time to read: +3 min
The average expatriate package in Japan cost employers $370,183 in 2022, according to "MyExpatriate Market Pay" survey by data company ECA International. Japan's salary and benefits packages for expats remained the highest in Asia, a new report has found. The average expatriate package in Japan costs employers $370,183, according to "MyExpatriate Market Pay" survey by data company ECA International. As a result, when measured in U.S. dollars, costs for salary, benefits and taxes "all fell by double-digit percentages," the report said. Globally, Japan ranked second while the U.K. retained its top spot as the most expensive location in the world to send expatriates.
Persons: —, assignees, Lee Quane, Quane Organizations: ECA, expats, Japan, ECA International, International's, Asia, Hong Locations: Japan, Asia, Laos, China, Hong Kong, Singapore, India, Korea Republic
☆ New York City was home to the most billionaires in 2022—here's the full list of global cities
  + stars: | 2023-06-11 | by ( Celia Fernandez | ) www.cnbc.com   time to read: +2 min
New York City topped the list as the city home to the most billionaires, according to Wealth X. Alexander Spatari | Moment | Getty ImagesTop 10 cities around the world with the most billionairesNew York City Hong Kong San Francisco Moscow London Beijing Los Angeles Singapore Shenzhen Mumbai New York City topped the list with 136 billionaires in 2022. Hong Kong is home to 112 billionaires, according to the Wealth X report. Yang Liu | Corbis Documentary | Getty ImagesLike New York, Hong Kong had a similar dip of just 2 billionaires — they now total 112. According to an ECA International survey, Hong Kong is also considered one of the most expensive locations for expats in the world. San Francisco is home to 84 billioanires, according to the Wealth X report.
Persons: WealthX, Alexander Spatari, it's, Yang Liu, —, San Francisco, Dan Kurtzman Organizations: New, New York, New York City Hong Kong San Francisco Moscow London Beijing, New York Stock Exchange, Nasdaq, ECA, San Francisco, San, Henley & Partners Locations: New York City, New York City Hong Kong San Francisco Moscow, New York City Hong Kong San Francisco Moscow London Beijing Los, Singapore Shenzhen Mumbai New York City, New York, New, U.S, Hong Kong, York, San, San Francisco
☆ New York overtakes Hong Kong as the most expensive city in the world for expats, new survey shows
  + stars: | 2023-06-08 | by ( Goh Chiew Tong | ) www.cnbc.com   time to read: +4 min
Hong Kong has ended its four-year reign as the most expensive city globally for expatriates, according to a survey — as New York surpasses it to first place. Hong Kong has ended its four-year reign as the most expensive city globally for expatriates — surpassed by New York which took first place, according to a new survey. Hong Kong fell in our rankings as the increase in prices of day-to-day goods and services was tempered by falls in accommodation costs in the city. Lee Quane ECA InternationalStill, Hong Kong retained its position as the most expensive location in Asia. Reports suggest residents of Hong Kong left the city in droves last year — due to Covid-19 restrictions and what they see as an erosion of democratic norms.
Persons: —, Lee Quane Organizations: New, ECA, assignees, Lee, Asia, U.S . Federal, Urban Land Institute, ULI, Asia Pacific Centre for Housing, U.S ., San Locations: Hong Kong, New York, Asia, Singapore, Asia Pacific, Asia Hong Kong Singapore Seoul Tokyo Shanghai Guangzhou Shenzhen Beijing Taipei Yokohama, Shanghai, Guangzhou, Tokyo, Japan, York, U.S, San Francisco
☆ The 10 least affordable places to live if you're an expat in 2023
  + stars: | 2023-06-08 | by ( Reena Koh | ) www.businessinsider.com   time to read: +5 min
New York, Hong Kong, and Geneva are the top 3 unaffordable cities to live in if you're an expat in 2023. Read further for the 10 least affordable places to live if you're an expat in 2023, ranked from the most expensive to the least expensive. Alberto MazzaThe average monthly rent for a four-room apartment in Geneva's city center is about $4,600. GettyThe median monthly rent for a two-bedroom flat in London touched a high of $2,895 in December, according to CNBC. JaCZhou 2015/Getty ImagesThe average monthly rent for a four-room apartment in the city center of Zurich sits at around $4,200, per The Local.
Persons: —, Lee Quane, Read, Sharp, ANTHONY WALLACE, Alberto Mazza, LondonlovesBusiness, Justin Sullivan, Alexander Spatari, Marielle, Allan Baxter, Tokyo Kantei Organizations: Service, York, ECA, Big Apple, NBC, New York Times, Getty, expats, Bloomberg, CNBC, San Francisco Bay Area, Jerusalem Post, Central Bureau of Statistics, CBS, South Korea Skyline, South, Financial Times Locations: . New York, Hong Kong, Geneva, London, Singapore, New York, Asia, expat, Manhattan, expats, NBC New York, China Hong, Switzerland, Geneva's, Swiss, NurPhoto, Zurich, San Francisco, US, San Francisco Bay, Tel Aviv, Israel, Jerusalem, Seoul, South Korea, South Korean, —, Korean, Tokyo, Japan
☆ Traveling to Asia for work? This city is its most expensive business destination
  + stars: | 2023-03-22 | by ( Goh Chiew Tong | ) www.cnbc.com   time to read: +5 min
Hong Kong has been named the most expensive location in Asia for business travelers — for the second year in a row, according to a new report. watch nowTokyo, which dropped from second- to third-most expensive city in Asia, also experienced a 5% rise in daily costs for business travelers in local currency terms. "With average daily costs of $424 per day [in Tokyo], business travel to the city is now almost 20% cheaper than first-placed Hong Kong." "Even a tourist hub like Bangkok, which typically receives many business travelers, only saw a moderate 4% increase in business travel costs," Quane added. World's most expensive placeFor yet another year, New York received the dubious honor of being the most expensive place in the world for business travelers.
☆ India, China to see biggest jump in real salary as Asia-Pacific leads the way next year, report shows
  + stars: | 2022-11-01 | by ( Goh Chiew Tong | ) www.cnbc.com   time to read: +5 min
As inflation continues to impact global economies, Asia-Pacific is the only region that will see real salary growth in 2023, according to ECA International. As inflation continues to impact global economies, Asia-Pacific will be the only region to see real salary growth in 2023, a new survey has found. That's compared to other regions which will see drops in average real salary, the report showed. With inflation increasing significantly in 2022, 78% of countries surveyed recorded a real salary decrease, and no European country saw a real-terms salary increase. Workers in China are also amongst "a small group globally" who will receive the highest rates of real salary growth this year and the next, Quane said.
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