On March 20, the International Monetary Fund (IMF) extended a $2.9 billion Extended Fund Facility (EFF) to support Sri Lanka. The approval is expected to pave the way for other financial institutions …
Fire incidents gut property worth millions
According to District Police Office, Rautahat, physical property was destroyed extensively in the blaze. However, no human casualty has been reported yet. Nepal Police, Armed Police Force, Nepali Army …
Thailand Doubles Cash Rebate Cap To $4.4M, Considers Increase To 30%; Local Studios Set To Expand As More Productions Shoot On Stages
Meanwhile, local studios and facilities are exploring expansion plans in anticipation of bigger productions heading to Thailand following the changes to the incentives, while local property developers …
U.N. court rules U.S. must compensate Iran over frozen assets but leaves $1.8B on ice
In its ruling, the court found that the United States violated the treaty, which it withdrew from in 2018, as the 1955 documents states the property of nationals and companies will not be confiscated …
The Londoner Arena to open in May – Wilfred Wong
The ‘state-of-the-art’ 6,000-seat arena will open in May, revealed Sands China president Wilfred Wong at a business lunch held by BritCham Macao …
Chinese tycoon Chen Hongtian has Hong Kong property that includes Peak house seized by lenders
Chen Hongtian, a low-profile mainland Chinese tycoon, who was the talk of the town in Hong Kong for purchasing a house on The Peak for a record price almost seven years ago, has had at least three of …
Taiwan’s president speaks to her island’s safety on U.S. stop
Taiwan’s president addressed members of New York’s Taiwanese community in a U.S. stopover on her way to Central America as she seeks to rally allies of the self-ruled island amid tensions with China.
Five top tips for investing in Cyprus
Doing your homework and having a clear idea in your head as to why you have chosen Cyprus as a destination is a good place to start. Of course, Cyprus’ sunny weather, idyllic lifestyle and beautiful …
TC properties in south must pass structural integrity tests
Turkish Cypriot properties in the south leased to Greek Cypriots must first pass structural integrity checks to ensure they’re safe for habitation, under a law passed by parliament on Thursday. The …
Armenia’s drive to recover stolen assets benefits elite businesspeople, not the state
Two years in, the Armenian government’s campaign to seize illegally acquired property has achieved vanishingly little.