Malaysia is regarded as an excellent place for retirement as it has been ranked first in a list of 10 safest places to retire in Asia for less than US$2,000 (RM9,052) a month of expenditure, according to US-based financial services corporation Nasdaq.

Nasdaq, in an article in its GoBankingRates section recently, said to find these countries, it has pulled data from the United Nations Pacific-Asia Region Group and gross domestic product (GDP) from WorldPopulationReview.

It also obtained cost of living figures from...