Indonesia is introducing a golden visa scheme to attract foreign corporate and individual investors. Read on to learn more.
Country Garden: Property shares jump on debt reprieve
Shares in Chinese property firms have jumped after developer Country Garden reportedly secured an extension to a key debt payment deadline. Major home builders including Country Garden and Evergrande saw their shares rise in Hong Kong on Monday. Investors also welcomed moves by Beijing to step up its support for the faltering economy.
Pope Francis closes his visit to Mongolia with visit to shelter for women, homeless
On a papal visit largely absorbed by the global concerns of this central Asian country’s two superpower neighbors, China and Russia, the pope shifted the focus Monday (Sept. 4) to Mongolia’s most …
Buraimi real estate market sees growth; trading up 38%: Oman
Muscat – Real estate transactions in Buraimi increased in the first half of 2023, valued at an impressive RO19.871mn. This marked a 38% uptick compared to RO14.384mn recorded in the corresponding …
10 most expensive homes sold in Lebanon County, Aug. 28 – Sep. 3
A house in Palmyra that sold for $550,000 tops the list of the most expensive residential real estate sales in Lebanon County in the past week.
Modi’s lesson from Israel: Demolish Muslim homes, erase their history
Much like Israel’s Ben Gurion Airport stands adamantly on the remains of Palestinian communities forced from their homes, a new temple to the Hindu god Ram has been built over the debris of the …
Korea seeks disclosure of public officials’ virtual assets
South Korea is seeking to compel high-ranking public officials to disclose their virtual asset holdings and the history of their transactions, along with the conventional properties and assets they …
South Korean shares edge up on hopes of Fed pause
SEOUL, Sept 4 (Reuters) – Round-up of South Korean financial markets: ** South Korean shares rose on Monday on expectations the Federal Reserve is nearing the end of its tightening cycle and on …
A faulty tax policy equals a dehydrated housing sector
Under the Income Tax Act, 2023, the ‘gain’ tax on plots, flats and commercial establishments has doubled and redoubled.
Hong Kong property stocks surge as China takes action to revive property sector
Stocks were also helped by Country Garden Holdings reportedly winning approval to extend repayment on an onshore private bond to 2026.