The Treasury Department labeled Prince Group a criminal organization; the company says it adheres to international standards.
UK and US impose sanctions on alleged Cambodian ‘cyber-scam’ network
The US and UK governments have imposed sanctions on a Cambodian network accused of running industrial-scale cyber-scam centres, including an asset freeze on London properties with an estimated value …
Amnesty report reveals depth of Cambodia’s forced labor scams, torture
Foreign nationals are being detained, tortured and forced to work in online scam compounds across Cambodia, Amnesty International said in a new report that echoes the case of a Korean student who died …
Cambodia’s real estate market remains quiet during first nine months of 2024
PHNOM PENH: Despite the government’s recent efforts to expand infrastructure development – such as roads, airports and airstrips – Cambodia’s real estate market in the first nine months of 2024 has …
Saudi border guards fire in Yemen’s Saada; one killed, three injured
At least one Yemeni citizen was killed and three others injured by Saudi border guards fire in Saada province northern Yemen on Tuesday, security officials told Agency.
The Red Sea Edition hotel opens on Saudi Arabia’s Shura Island
Marriott International’s luxury boutique brand Edition has launched The Red Sea Edition hotel on Saudi Arabia’s Shura Island, as part of its expansion plan in the Middle East country. The property …
Indonesia says to extend value-added tax break on property purchase to end-2027
Indonesia will extend by one year a tax break for buyers of some properties until the end of 2027 to support the purchasing power of the middle class, the finance minister said on Tuesday. The tax …
India’s Adani eyes dozens of assets of embattled realtor Sahara to build land bank
By Dhwani Pandya and Arpan Chaturvedi MUMBAI (Reuters) -Indian billionaire Gautam Adani’s property arm is seeking court approval to acquire 87 properties including hotels and malls from a distressed …
IMF says China must work to boost domestic demand, property sector still an issue
China must rebalance its growth model towards domestic demand, which has been weak for some time due to the country’s property bust, the International Monetary Fund said on Tuesday, emphasizing a …
Property developer Sunac China says most creditors approve restructuring plan
(Reuters) -Sunac China said on Tuesday its offshore debt restructuring plan was approved by a majority of creditors at a court-convened meeting in Hong Kong. The property developer said 98.5% of …