The Brookings Institution and JPMorgan Chase ranked 300 major cities worldwide for economic performance last year. Chinese and Turkish cities dominated the top of the rankings, and the Chinese territory Macau finished No. 1. The 10-country Association of Southeast Asian Nations region put in a respectable showing on the two organisations rankings. Malaysia put two cities in the top 50 - Kuala Lumpur at No 19 and George Town at No 47 - while Ho Chi Minh City (23) and Jakarta (34) both outpacing Singapore, which came in 61st. Manila was the next Asean country to rank at 139th. Bangkok brought up the rear at No 300, the only one of the Asean nations to post negative per-capita GDP and employment growth since 2013.
Posted on: Thu, 22 Jan 2015 10:00:17 +0000
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