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Category: PROPERTY

Posted on January 18, 2023

Brunei seizes record haul of smuggled cigarettes

BANDAR SERI BEGAWAN, Jan 16 (Xinhua): A 40-year-old foreign man was detained by the Brunei authorities for allegedly smuggling 12,160 cartons, 269 packets and 80 sticks of cigarettes, local media …

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Posted on January 18, 2023

Big Four Singapore Firms Lead on $1.6 billion Property Buyout

The $1.6 billion buyout, which is expected to be completed in March, marked the biggest real estate transaction in Southeast Asia in 2022.

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Posted on January 18, 2023

Singapore property sector ‘resilient’ despite global slump; CDL and CLI preferred picks: Credit Suisse

Analysts are expecting the Singapore housing sector to show growth of 3% to 5% for 2023 even as the global market slump deepens.

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Posted on January 18, 2023

Total property investment volume up 2.8% YoY to $29.1b in 2022

The investment market may remain in “price discovery mode” in the first half of 2023. The total property investment volume in 2022 increased by 2.8% year-on-year to $29.1b on the back of the active …

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Posted on January 18, 2023

US sends artillery shells stockpiled in Israel to Ukraine

The United States is sending artillery shells stockpiled in Israel to Ukraine in an effort to refill the embattled country’s dwindling ammunition supplies.

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Posted on January 18, 2023

U.S. sent Israel-stored munitions to Ukraine – New York Times

Although such supplies are under Israeli lock-and-key, “the Americans don’t need our permission to move them. These are American property,” David Ivry, a former director-general of Israel’s Defence …

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Posted on January 18, 2023

Sri Lanka expropriation drums beat loud over privatized tea farms

Sri Lanka is planning to bring a law re-nationalize land in privatized tea farms according to plan proposed by ex-President Gotabaya Rajapaksa, Minister of Plantation Industries and Minister of …

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Posted on January 18, 2023

Christian persecution rising in Africa, North Korea, advocacy group says

Persecution of Christians is rising in sub-Saharan Africa, threatening a “vast humanitarian catastrophe” for the continent, a support group for victimized Christians said Tuesday.

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Posted on January 18, 2023

S. Korea to ease set of tax regulations in property market

South Korea’s finance ministry said Wednesday it plans to revamp a set of tax regulations on the property market to ease the financial burden of people amid soaring borrowing costs. Under the plan, …

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Posted on January 18, 2023

South Korea Is Now Home to the World’s Biggest Spenders on Luxury Goods

According to new data collected by Morgan Stanley, South Koreans are now the kings and queens in luxury—at least as far as spending money goes. The investment bank has revealed that spending on luxury …

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