Malaysia, 14th April: According to the publication, TTG MICE, due to rising costs in Singapore, some exhibition organisers are showing an interest in moving their shows to Malaysia, where prices are relative lower. TTG MICE also reports that there is an interest in launching new shows there as well. According to media reports, the costs of organising an exhibition in Malaysia are about 30% to 40% less than in Singapore.

According to Economist Intelligence Unit, Singapore is now the world’s most expensive city in which to live. In addition, ECA International’s “Most Expensive Locations For Business Travel” ranked Singapore in second place in Asia and 19th worldwide.