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Category: PROPERTY

Posted on March 24, 2023

SL to introduce property tax and gift and inheritance tax

Sri Lanka is expected to introduce a property tax and a gift and inheritance tax by the beginning of 2025, under the International Monetary Fund programme. ..

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Posted on March 24, 2023

Sri Lanka to hit smokers, drinkers with index linked taxes

Sri Lanka will hike taxes on alcohol and tobacco taxes again in June 2023, and will slap drinkers and smokers with taxes linked to inflation from January 2024, according to intentions declared in an …

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Posted on March 24, 2023

Malaysia recovered $13m of 1MDB ‘blackmail’ gains from ex-lover of Goldman Sachs banker: Report

A US banker testified that former Astro chief Rohana blackmailed him into buying her property in London. Read more at straitstimes.com.

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Posted on March 24, 2023

Life in Myanmar’s Yangon after COVID and a coup

Myanmar’s largest city has been cut off from the world for almost four years. DW spoke with Yangon residents about what life is like under a military regime.At first glance, Yangon seems to have …

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Posted on March 24, 2023

Mumbai is the most expensive property market, Delhi a distant second

Mumbai, the financial capital of India, is the most expensive real estate market in 2022. The city on the coast of the Arabian Sea that attract millions of immigrants every year from across the …

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Posted on March 24, 2023

China Adds Malls to REIT Trial in Bid to Boost Consumption

China expanded a public real estate investment trust pilot program to include more types of commercial properties, a move aimed at supporting the nation’s consumers that is likely to also help out …

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Posted on March 24, 2023

Exclusive: Hong Kong Billionaire-Backed Fintech Unveils Exchange Platform For ‘The Little Guy’

Financial technology startup Micro Connect – backed by the likes of Hong Kong property tycoon Adrian Cheng and billionaire Li Ka-shing – will roll out its flagship exchange platform Saturday in Macau.

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Posted on March 24, 2023

Hong Kong property heir buys luxury home for $10.1m

HONG KONG – Property heir Douglas Woo bought an apartment in an upscale area of Hong Kong for HK$59.8 million (S$10.1 million) at a time when the city’s luxury market is just picking up as the border …

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Posted on March 24, 2023

Outlook for Hong Kong’s property market bright as end of interest rate increases in sight, analysts say

The border reopening with mainland China is also boosting the confidence of investors to snap up property as an economic recovery is also likely to bolster demand for homes in Hong Kong. A rising …

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Posted on March 24, 2023

Firm maps Nicosia properties that are easiest to sell

Cypriot fintech Ask WiRE has published a report identifying the properties that are easiest to sell in the capital, which primarily concern three municipalities, Nicosia, Strovolos, and Aglantzia. The …

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