If you’re considering retirement abroad, you need information, and you need lots of it. But more than that, you need guidance on how to interpret that information. That’s what we’re here for, and that’s why we’ve compiled the 2024 Annual Global Retirement Index: to help you with the exciting business of choosing where in the world will best suit your needs.
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Over the past two decades, most indicators of peacefulness have deteriorated, according to the 2024 Global Peace Index. Old and new conflicts, and our political and cultural polarization, are the main culprits.
Peaceful Nations Generate Economic Value
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The pandemic has left many of us longing for epic culinary-focused journeys, and Penang ranks up there with Asia’s best.
This Malaysian island in the Andaman Sea offers a wide mix of traditional Malay, Chinese and Indian dishes. And then there’s Baba Nyonya – a.k.a. Peranakan – cuisine, which incorporates regional ingredients and Chinese and Malay cooking methods.
All of it can be found in hawker centers and shop houses throughout Penang’s capital, George Town, which is filled with historic buildings, from old English mansions to classical Chinese shop houses and Islamic mosques.
But there’s so much more than just food and architecture to sustain wanderlust appetites on this 295-square-mile island.
In September 2021, the popular Penang Hill was designated a UNESCO Biosphere Reserve.
Home to Penang’s highest point, it’s filled with excellent hiking trails that stretch from its peak down to the lovely botanical gardens, which were created in 1884 and serve as a repository of Penang Hill’s flora and fauna – including more than 200 species of orchids.
Leading conservation efforts is The Habitat Penang Hill, a world-class rainforest discovery center that offers guided walks and zipline tours.
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Malaysian capital ranks high because of its cheaper housing costs and low taxes, according to new research.
Kuala Lumpur is the best city for expats, according to research by US-based language learning app Preply.
People moving to the Malaysian capital can get by on the equivalent of about $1,091 a month, benefitting from low taxes and housing costs. Tbilisi in Georgia, Lisbon, Dubai and Bangkok are also at the top of the list, which focused on factors including affordability, internet connectivity, safety and how hard the local language is to learn.
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Malaysia is emerging as a hotspot for semiconductor factories as U.S.-China tensions prompt companies to diversify operations.
“Malaysia has well-established infrastructure with around five decades of experience in the ‘back end’ of the semiconductor manufacturing process, particularly in assembly, testing and packaging,” said Kenddrick Chan, head of the digital international relations project at LSE IDEAS, the foreign policy think-tank of the London School of Economics and Political Science.
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Microsoft (MSFT.O), opens new tab said on Thursday it will invest $2.2 billion over the next four years in Malaysia to expand cloud and artificial intelligence (AI) services in the company’s latest push to promote its generative AI technology in Asia.
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Google has announced a $2bn investment to develop its first data centre and Google Cloud region in the country.
The new data centre will help power Google services such as Maps, Search and Workspace in Malaysia, while its cloud service is intended to support Malaysia’s private and public sector.
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Kuala Lumpur has been chosen as the seventh-best city in the world for food, with Nasi Lemak named the top must-try dish, followed by Thai Tom Yam soup and Roti Canai.
The ranking was released by a London-based lifestyle magazine on Wednesday.
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