LAST week, the Prime Minister’s statement that Malaysia’s cost of living is the lowest in Asean raised more than a few eyebrows. Asean includes Laos, Myanmar and Cambodia, so is it too good to be true?
The PM relied on the Economist Intelligence Unit’s (EIU) 2017 global survey on the cost of living worldwide, a biannual survey which compared the prices of goods and services in 153 cities around the world.
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