China’s top court issued a set of 25 guidelines on Friday to promote local businesses, laying out the framework for implementing the Private Sector Promotion Law that China adopted a few months ago, …
Wynn Resorts falls after seeing lower table game win percentages than anticipated in Q2
Wynn Resorts ( WYNN) delivered adjusted property EBITDAR of $552.4 million in Q2, down $19.3 million from tally a year ago. Adjusted Property EBITDAR decreased $27.3 million at Wynn Palace and …
Kuwait property develop Tamdeen plans $700 mln project
KUWAIT, March 10 (Reuters) – Kuwaiti property developer Tamdeen Group said on Tuesday that it would build a $700 million commercial and residential complex, one of the biggest private-sector …
Dubai’s hottest property spots offer yields up to 7.4%
Dubai’s residential property market continues to flourish, with six communities emerging as key hotspots for investors and first-time buyers, offering rental yields of up to 7.39 per cent. The six …
Airbnb contributes RM9.2 billion to Malaysia’s economy in 2024 – Survey
Travel in Malaysia is expanding beyond major cities, with more than half of Airbnb guests’ spending in 2024 occurring outside Kuala Lumpur and Selangor.
Neither Britain Nor America – Half Of Pakistan’s Bureaucrats Bought Land In This Small Country With ‘Illicit’ Money
Property records reveal a surprising foreign hotspot for Pakistan’s elite officials, raising questions over the source of their wealth.
Club Med targets three new Indonesia resorts
To be rolled out in phases, the companies have targeted three resorts to be developed in the next five years in North Sulawesi, Bali, and West Java. Club Med currently operates nearly 70 resorts …
Shocker for NRIs: Property sales now trigger steeper taxes
Ahmedabad: Non-Resident Indians (NRIs) selling real estate in India after July 23, 2024, are facing an unexpected tax shock while filing income tax re.
Hong Kong’s New World shares, bonds surge on report of take-private talks
HONG KONG (Reuters) -Shares and bonds of Hong Kong property developer New World Development surged on Thursday after a media report on a potential take-private deal. Financial news provider Octus …
Hong Kong’s Swire Pacific warns of uncertain outlook after posting 2% interim profit drop
Real estate division Swire Properties is making good progress with its US$12.7 billion investment plan, chairman Guy Bradley says.