BUSINESS
List of the most searched and booked worldwide cities for Business
New York
Best : #1 in cultural vibrancy, research universities, work flexibility, commercial and cargo aircraft, and sports and leisure, #2 in entrepreneurial environment and international tourists
Worst : Third last in commute time
Details: New York has it all: hard work with work flexibility, high culture with a crop of major sports teams, today’s leading academics and tomorrow’s best business ideas.
London
Best : #1 in sports and leisure activities, international tourists, end-of-life care and financial/business employment, #2 in attracting job-creating foreign investment, cultural vibrancy, research from top universities, and strength of currency
Worst : Second to last in commute time, cost of commute, cost of owning space for business, and working age population
Details: In 2007, the authors point out, New York and London were in a “death match” for the world’s greatest city. When the market crashed, however, London’s high costs became an anchor tugging its recovery. Now the UK is edging into a second recession, and London isn’t showing the vibrancy it did in the middle of last decade.
Paris
Best : #1 in foreign embassies, sports and leisure activities and mass transit coverage, #2 in population with higher education, #3 in intellectual property protection
Worst : Last in rigidity of work schedule and second to last in total tax rate
Details: Paris continues to lead the world in quality of infrastructure, transportation, lifestyle assets and economic reputation, but it falls behind in sustainability and ease of doing business. The report identifies a risk that, if you discount infrastructure, Paris is resting on its laurels rather than building the foundation for a dynamic 21st century economy.
Singapore
Best : #1 in traffic congestion, math/science attainment skills, housing, ease of hiring, crime rates, stable business environment
Worst : Last in renewable energy consumption
Details: After Hong Kong, Singapore is the easiest place to do business and one of the best places to be an entrepreneur. Singapore’s health care and education systems are the envy of policy wonks for combining market principles with effective regulation and organization.
Hong Kong S.A.R.
Best : #1 in skyline impact, inflation, flexibility of visa travel, ease of hiring, crime rates
Worst : Last in cost of business space, third to last in cost of living, fourth to last in density of hospitals
Details: The Heritage Foundation recently named Hong Kong the freest economy in the world, thanks to low inflation, low taxes and lax regulation. PWC and the Partnership for New York City agreed, naming it the easiest place to do business among the 26 global metros they studied.