UK investigators are on the trail of US$48.8 million used to buy property in Britain, which they believe may have been laundered. Gulnara Karimova is in prison on embezzlement and criminal conspiracy …
Vietnam pulls off Asia’s fastest growth as economy powers on
VIETNAM’S economy grew at the fastest pace in Asia this year, signalling momentum just before risks from a global slowdown began to materialise. Read more at The Business Times.
How to Invest in the Philippines: Real Estate and Business Opportunities
If you’re looking for a place to invest your money, the Philippines should be high on your list. With a growing economy, a young population, and a stable political environment, the Philippines offers …
Housing loans on the up as more consumers desire to own property
Banks and financial institutions are offering long-term housing loans to customers, creating opportunities to become owners of property.Some institutions are even approving loans within 48 hours of …
China’s property investment down in Jan-Nov
China’s investment in property development went down 9.8% year on year in the first 11 months of 2022, data from the National Bureau of Statistics (NBS) …
China Fortune Land sells property units to CR Land in debt restructuring
China Fortune Land Development Co has agreed to sell equity interest and debt in four property units worth 12.4 billion yuan ($1.8 billion) to a unit of China Resources Land Ltd (CR Land), the …
Europe issues VAT ultimatum on new homes
Europe has sent Cyprus an ultimatum regarding its abuse of the European Directive on reduced VAT when buying or building primary residences.
Rivian’s tax incentives from Georgia named worst economic development deal of the year
The Center for Economic Accountability calls Rivian’s Georgia tax breaks the worst economic development deal of 2022. Here’s why.
Months after bankruptcy, Chattanooga’s Venue Church reaches deal to sell property
Months after filing for bankruptcy, Venue Church has agreed to sell its former big-box store property on Lee Highway — but pastor Tavner Smith said the embattled church will live on. Crosswalk …
Israel’s incoming government taps former general as defense minister
He will inherit a military force that is in the midst of incorporating the Momentum plan in a bid to become a more digital-centric force.