South Korea has become the second-largest market for office investments in the Asia-Pacific region after Japan, according to a recent report by market tracker Savills. In the first three quarters of …
In Macau visit, Xi emphasises economic diversification
During a visit to Macau, China president Xi Jinping applauded the city’s ongoing shift from a gaming-centric economy.
How has Hengqin helped Macau diversify its casino-dominated economy?
“This linkage is expected to comprehensively elevate the development scale and level of the Hengqin-Macau region, ultimately shaping a pivotal role and radiating influence within the Greater Bay Area, …
Shimao Cuts Asking Price for Hong Kong’s Second-Largest Hotel
Defaulted Chinese developer Shimao Group Holdings Ltd. has slashed the asking price for a Sheraton-branded hotel property near Hong Kong’s airport by a quarter, according to a person familiar with the …
Shimao slashes Hong Kong Sheraton hotel price by 25% to speed up restructuring
Mainland Chinese developer is asking HK$4.5 billion (US$579 million) for the asset, down from HK$6 billion in March 2023, according to a source.
Ministry of Justice launches advanced version of realty app
Doha: The Ministry of Justice launched yesterday the new and improved version of the SAK application. The Ministry said in a statement that the …
Police: Lebanon County man brought knife on elementary school property
A Lebanon County man allegedly brought a knife onto elementary school property. Isaiah Williamson, 19, of Cleona, is charged with possession of a weapon on school property and defiant trespass. Cleona …
Dubai Faces Sharp Rent Hikes Due To Apartment Shortage
The Dubai property market is grappling with a shortage of luxury apartments, causing rental prices for high-end properties to skyrocket. Real estate experts attribute this trend to a surge in demand f …
Price/Rent Ratio in Yemen compared to Middle East
A high price-to-rent ratio suggests that buying a property is more expensive relative to renting, whereas a low ratio indicates that buying may be more favorable than renting. Price-to-Rent Ratio …
Pakistan’s Missing Investment Strategy
Pakistan’s economy stands at a critical juncture, marred by fragile macroeconomic indicators, persistently low foreign direct investment (FDI), and entrenched structural inefficiencies. If I were to …