Sri Lanka’s acting president has declared a state of emergency giving him broad authority amid growing protests demanding his resignation two days before the country’s lawmakers are set to elect a new …
Sri Lanka economic crisis Highlights: PM Ranil Wickremesinghe’s private home set afire, angry mob takes to streets
Thousands of protesters in Sri Lanka’s commercial capital Colombo stormed the president’s official residence and his secretariat on Saturday amid months of mounting public anger over the country’s …
Land Use Regulation 2022 dents property market, say realtors
The recently introduced Land Use Regulation 2022 has dented the real estate market, with only 47,028 properties (houses and land) sold across the country in the one month period between mid-June and …
Stamp duty exemption to have minimal impact on property market – RHB IB
The re-introduction of the stamp duty exemption for first-time house buyers is expected to have minimal impact on the overall property market, said RHB Investment Bank Bhd (RHB IB). In a note today, …
China banks told to bail out property developers as mortgage boycotts threaten economy
Regulator’s intervention comes as thousands of homebuyers refuse to make mortgage repayments as crisis in property sector deepens …
Russians have visited Iran at least twice in last month to examine weapons-capable drones
“We have information that the Iranian government is preparing to provide Russia with several hundred UAVs, including weapons-capable UAVs,” Sullivan told CNN in a statement. “We assess an official …
Yours invests Rs 100 crore in co-ownership of luxury property
Yours has so far acquired assets worth Rs 25 crore in Goa, Alibaug and the Nilgiris and plans to expand to more cities. Every luxury home is being acquired under a special purpose vehicle (SPV), which …
Soc Trang tightens measures to combat erosion
The Mekong Delta province of Soc Trang is taking measures to prevent erosion along rivers and coasts. The province has faced serious erosion in many localities, threatening the safety of property and …
Housing prices surge in Yerevan as Russians flock to Armenia because of war
Rental prices in the Armenian capital have doubled since the Kremlin invaded Ukraine in late February, reaching parity with those in major Russian centres like St Petersburg.
Turquoise Hill Announces Second Quarter 2022 Production and Oyu Tolgoi Mine and Corporate Update
These financial measures are presented in order to provide investors and other stakeholders with additional understanding of performance and operations at the Oyu Tolgoi mine and are not intended to …