'Jakarta's cost of living higher than in NY'
JAKARTA: The cost of living in Indonesia's capital here is considered very high compared with other major cities in the world, according to a recent study by a market research firm. Ipsos Business Consulting Indonesia's country manager Domy Halim said based on the company's latest survey at the end of February, the cost of living in Jakarta was found to be even higher than in Bangkok, Hong Kong and New York. The survey compared the percentage of money spent by Jakarta residents on certain products and lifestyle necessities.
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Published on: 21 April 2014
Publication: New Straits Times
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