A government MP and parliamentary secretary to a cabinet minister is calling Sri Lanka “a failed and bankrupt state” as the country receives another international bailout.
Oxfam warns that Yemen is on the brink of economic collapse
YEMEN, declared by the UN as “the worst humanitarian crisis … Others have sold their assets, including livestock, property, or machinery. Story continues Many girls drop out of school or are forced …
SKYWORLD WINS FIRST FIABCI MALAYSIA PROPERTY AWARDS
CITY Developer SkyWorld Development Berhad won at the highly coveted Malaysia Property Awards 2022 organised by the FIABCI-Malaysia International Real Estate Federation for its SkyAwani 2 Residences …
Cash-rich Gulf nationals rush New York’s luxury property market
UAE crypto bros and Qatari financiers are making all-cash offers on trophy homes while real estate insiders report a surge of interest in Billionaires Row …
Thai police bust call center scammers who deceived elderly Americans into wiring them money
Police said they had arrested 21 people in the syndicate after simultaneously raiding nine locations across four Thai provinces on Tuesday, seizing 162 bank accounts, 61 mobile phones, two cars, one …
Kyoto to introduce Japan’s 1st empty homes tax
Japan’s internal affairs ministry is set to approve a proposal … The new tax, slated to be introduced in 2026 at the earliest, aims to boost the property market amid an exodus of young people …
China Evergrande offers bond and equity swaps in debt restructuring
China Evergrande Group on Wednesday announced plans for the restructuring of its $22.7 billion in offshore debt, which could set a template for distressed rivals and shape investor sentiment on the …
Bill blocking China from buying land in Florida coasts through last Senate panel stop
Less than three weeks after being filed, a bill blocking China and six other “countries of concern” from buying or holding interest in land within range of strategic sites in Florida is heading to the …
Bahraini proptech Estater raises $5 million Series A round
Bahrain-based proptech Estater has raised a $5 million Series A round, led by undisclosed investors from Saudi Arabia …
Building collapse in Qatar’s capital kills 1, search ongoing
A building collapsed Wednesday in Qatar’s capital, killing at least one person as searchers clawed through the rubble to check for survivors, authorities said. Qatar’s Interior Ministry described the …