In the final days of his rule, Myanmar’s former dictator made a gift that has perpetuated his regime’s legacy of greed …
Iran overestimating oil sales leads to $8bn budget deficit
By bne IntelIiNews Iran has been ramping up its oil production and exports this year, but it has overestimated the volume and value of sales, leading to an $8bn hole in its budget. According to the …
John Hagee warns the US is ‘wide open’ for terror attack from Iran
A prominent American pastor is warning that the United States could face a terror attack similar to Hamas attacks on Israel earlier this month …
The Changing Rhythm of Turkey’s Housing Market: A Search for Affordability
In the heart of Turkey, amid the bustling streets of Istanbul, Ankara, and Izmir, the rhythm of life is changing. The pulse of the nation’s real estate market has taken a slower beat, a rhythm …
Indonesia’s Property Tax Incentives: A Step Towards Economic Growth
In a move to stimulate the property market and encourage homeownership among low-income Indonesians, the government of Indonesia has announced a series of property tax incentives. Beginning November …
Indonesia announces plan to spur property market
The Indonesian government has announced a plan to boost the property market by covering the value-added tax (VAT) and the 4 million IDR (252 USD) administration fee for low-income home buyers.
India’s real estate market booms on NRI demand, Gulf expats lead investment surge
Industry players expect up to 30% jump in expat purchases in the last quarter of 2023, despite spike in home prices and no discount offers or freebies by developers …
China’s Property Crisis Is Haunting Its Economy. Here’s One Glimmer of Hope.
China’s retail sales—a proxy for consumption—and services were bright spots in the third quarter’s economic data.
Xi Jinping Is Looking for Someone to Blame for China’s Property Bust
With China’s property bust threatening to sink the country’s economic recovery, Xi Jinping is looking for someone to blame.After putting the billionaire founder of Evergrande, a heavily indebted property firm,
China’s troubled property giant Country Garden has reportedly defaulted on a bond payment
The world’s second largest economy is dealing with a real estate slump that has crippled massive developers like Country Garden and Evergrande.