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Posted on May 15, 2023

Middle-income households in Malaysia tighten belts after surprise rate hike by central bank

KUALA LUMPUR – Middle-and high-income households in Malaysia will be the groups most affected by the central bank’s surprise decision to raise the overnight policy rate (OPR) on May 3. This is because …

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Posted on May 15, 2023

UAE, GCC: Opening up of Saudi property market for expats to give a fillip to hospitality, tourism projects as well

Competition in the Gulf property sector is set to heat up, with the region’s largest economy, Saudi Arabia, gearing up to open its property market for foreign investors, including its religious cities …

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Posted on May 15, 2023

Independent, trusted coverage of the Middle East

Iraq asks Turkey to resume oil exports as firms in Kurdistan region scale back Turkey has still yet to restart oil flows from northern Iraq following a controversial court ruling despite efforts by …

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Posted on May 15, 2023

(LEAD) S. Korea to hike Q2 electricity, gas rates on high costs, losses

South Korea will raise second-quarter electricity rates and gas prices on high global energy costs and mounting losses of state utility companies, the industry ministry said Monday. The government …

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Posted on May 15, 2023

Vietnam’s Tesla debuts with wrong kind of power

Pham Nhat Vuong is arriving in the United States in so-so 2021 style. Vietnam’s richest man is taking his electric-vehicle company, VinFast, public at a punchy valuation through a merger with casino …

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Posted on May 15, 2023

Gran Meliá to debut in Nha Trang, Vietnam

An all-villa Gran Meliá property, dappling the water’s edge of one of Vietnam’s most popular oceanfront destinations, is set to welcome guests from this summer.

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Posted on May 15, 2023

Pakistan: Riots caused damage worth PKR 250mn in Islamabad, says report

According to a report issued by Islamabad police, armed miscreants set the office of the DPO Industrial Area, and opened fire at Ramna Tarnol and Sangjani police stations during the three days of …

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Posted on May 15, 2023

Pakistan government supporters to stage rare sit-in, protest release of former Premier Imran Khan

Convoys of buses and vehicles filled with Pakistani pro-government supporters are flooding the main road leading to the country’s capital on Monday to protest the release of former Prime Minister …

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Posted on May 15, 2023

Millennials Driving The Real Estate Growth Story In India

The millennial generation today is making a significant mark on the economy and is now more eager than ever before to invest in real estate. In the era of globalisation, this generation enjoys a …

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Posted on May 15, 2023

Mumbai region saw Rs 1.67 lakh crore property sales in FY23

Mumbai, Delhi metro regions, and Bengaluru are leading the pack in uptake of luxury housing units, which have been rising post-pandemic, accor.

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