MALAYSIAN Prime Minister Anwar Ibrahim on Friday (Feb 23) announced incentives for companies that want to move their bases to the country’s newly launched international financial centre – Tun Razak ... ( read original story ...)
Saudi home sales post 15% fall in 2023 yet prices still rising – Deloitte
The three markets collectively registered 67,233 deals worth SAR 79 billion ($21 billion), down by 15% in value compared to 2022, Deloitte reported on Thursday. ( read original story ...)
Bank of Thailand warns of long-term downturn
with 90% of buyers unconstrained by the criteria and able to obtain loans at 100% of property value without a down payment. The current LTV rates in Thailand are 90-100% for first residences, which ... ( read original story ...)
Iran plans to occupy Antarctica? Iranian navy commander declares establishment of military base at South Pole
Iran's Navy commander declared Antarctica as the regime's property, asserting plans for a military operation on the South Pole, according to Fox News. "We have plan to raise our flag" "We have ... ( read original story ...)
Chris Wood says property shares account for 19% of Jefferies India stock portfolio. Here’s why
Christopher Wood of Jefferies in his latest GREED & fear report said he still has 19 per cent of his India equity portfolio in property stocks. Wood said the potential upside in India residential ... ( read original story ...)
China’s Property Foreclosures Surge as Growth Slows
The number of foreclosed properties for sale in China rose at a faster pace in January, in a sign of the country’s continued economic slowdown. ( read original story ...)
China’s home prices fall at a slower pace as Beijing steps in to resuscitate property sector
The weak home prices, along with the continued contraction in new home sales, underscore a poor start for China’s property sector this year, Nomura analysts said in a note on Friday. The cut to the ... ( read original story ...)
China cuts key interest rate in the latest move to boost its ailing property sector
BANGKOK (AP) — China’s central bank announced Tuesday that it cut its 5-year loan prime rate while leaving its 1-year rate unchanged in the latest move to ease pressures on the ailing property market. ( read original story ...)
Mumbai: Afghanistan man held for illegal stay
The Mumbai crime branch Unit 5 has arrested an Afghanistan national for illegally staying in Mumbai. The police said the accused national had prepared forged documents and was staying in the National ...
Federation of Thai Industries warns of business woes ahead of minimum wage hike
The Federation of Thai Industries (FTI) says businesses will suffer from a surge in operating costs if the government pushes ahead with its plan to raise the daily minimum wage to 400 baht this ...