It aims to double this by the end of 2023 and tap into the $30 billion real estate-focused operations software market. The announcement came on the sidelines of the company moving into a 40,000 sq ft …
China property bonds soar on bailout trade
From the traders’ perspective, that means bonds of companies that were near bankruptcy will keep making payments to investors. Therefore that paper — recently considered nearly worthless — is quite …
China Real Estate’s Nagging Woes Are ‘Top Priority,’ State Economist Says
China should waste no time in looking for medium- to long-term solutions to the problems plaguing the property sector that stem from a years-long pattern of high debt, high leverage and quick turnover …
Ballooning Hong Kong supply of new homes in 2023 will have developers slashing prices, buyers saving 10 per cent or more
The supply of new homes could more than double compared with this year, driving developers to slash prices by 10 per cent or more to attract buyers amid historically high interest rates, analysts say.
Oman: The new winter sun favourite with a Christmas connection
Empty desert, beaches and souks are among the treasures of Oman, but following a frankincense trail reveals the country’s storied past …
World Bank land giveaway in Cambodia marred by problems
The World Bank wanted to give land and opportunities to Cambodia’s rural poor. Instead, they have left former residents in disarray without their farms or community forest.
Kim Jong Un’s North Korea Shares Space Imagery Of Seoul After Conducting ‘Final-Stage Test’ For Spy Satellite
Kim Jong Un’s North Korea, on Monday, confirmed that it conducted an “important final-stage test” test on Sunday for the development of a spy satellite — expected to be completed by April 2023 — amid …
North Korea to Finish Preparations for Spy Satellite by April
North Korea said it will finish preparations for its first military reconnaissance satellite by April, claiming it carried out the final-stage test for its development.
Moderate intensity earthquakes jolt Uttarkashi and central Nepal
The tremors in Uttarkashi were felt barely couple of hours after a quake jolted central Nepal on Sunday night.
Malaysian property sector predicted to face challenges in 2023
Malaysia’s property sector will continue to face many challenges in 2023, due to a clear oversupply of properties in certain sectors and locations in the country, said insiders.