World’s most expensive city you probably never want to live in
The Angolan capital Luanda has regained the top spot in an annual survey of the most expensive cities for expatriates, followed by Moscow and Tokyo. The survey by the Mercer consulting group is published annually to help companies assess compensation allowances for expatriate workers. It compares the cost of over 200 items in 214 cities, including housing, food, transport and entertainment. “Despite being one of Africa’s major oil producers, Angola is a relatively poor country yet expensive for expatriates since imported goods can be costly,” Barb Marder, a senior partner at Mercer, said in a statement. “In addition, finding secure living accommodations that meet the standards of expatriates can be […]
New floating museum to be Asia’s largest
Travelers have a new destination to look forward to – an Art Museum built on an artificial island, thanks to Beijing architecture studio – MAD. The Pingtan Art Museum is their third museum project. It is said that the new construction would rise to be Asia’s largest private Art Museum. Stretching across 4,000 sq.m, the cost of construction has been estimated at 800 million RMB($130 million). The artificial island would be located nearby the Pingtan Island, the largest in the Fujian province and the closest to Taiwan. The two would be connected with an undulating pier. Whereas its main form would consist of three concrete mounds, constructed from a series […]