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, …
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 …
Power price hike on the cards in Vietnam
Despite Electricity of Vietnam’s (EVN) intention to increase energy rates to rebalance its budget for 2023, the status of coal-fired power does not yet seem to be declining.
Central Japan city sued after girl left blind in roller accident
A 9-year-old girl and her family have sued a city in the central Japan prefecture of Mie, claiming the girl was left blind in a …
Luxury driving India’s real estate to new highs; better days ahead in 2023
The noticeable improvement in key performance metrics is a testimony that the year 2022 has been a remarkable year for residential real estate. And, a lot of this improvement can be attributed to the …
Taiwan Q4 GDP seen growing 1.3% as cooling tech demand weighs: Reuters poll
People wearing face masks to prevent the spread of the coronavirus disease (COVID-19) and carrying umbrellas walk on the street during a rainy day in Taipei, Taiwan, November 26, 2021. REUTERS/Annabel …
America’s Dangerous Quest to Dominate the Pacific
As a result, U.S. policymakers made maintaining Asian primacy the foundation of their regional strategy, arguing that without Washington’s leadership, Asia would devolve into warfare. But as the …
Brunei’s economy posts positive growth
Brunei’s economy increased by 0.9 percent year-on-year in the third quarter of 2022, rebounding from the past six quarters’ negative growth since 2021, official data showed on Saturday.
Turkmenistan plans to create unicameral parliament
BAKU, Azerbaijan, January 12. Chairman of the upper house of Parliament of Turkmenistan Gurbanguly Berdimuhamedov and Chairman of the lower house of the parliament Gulshat Mammedova signed a …
Latest on European money laundering investigation in Lebanon
Vast sums of money exceeding 250 million dollars and may reach 500 million dollars with real estate withheld in Europe, specifically in France, Luxembourg, Germany, and Switzerland, in a significant …