Karachi Tops List of Cheapest Cities for AmericansBy
Karachi, a sprawling city on the Indian Ocean with a population of about 18 million people, reigns as Pakistan's economic center and primary seaport. The international business hub, which hosts domestic companies as well as multinationals such as IBM (IBM), Chevron (CVX), and Abbott Laboratories (ABT), also happens to have the world's lowest cost of living for expatriates, according to a new survey by global human resources firm Mercer.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- The Latest on the Political Turmoil in Zimbabwe
- Goldman Sachs Sees Four 2018 Fed Rate Hikes as U.S. Growth Gains
- Norway Oil Bosses Insist End Isn't Nigh After $35 Billion Shock
- Subways May Be the Latest Casualty of China's Crackdown on Debt
- Bitcoin Soars Past $8,000 as Technology Shift Concern Vanishes