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Posted on December 29, 2022

Sri Lanka’s Ranil Wickremesinghe is president. But who’s in charge: him, or the Rajapaksas?

It’s been six months since Gotabaya Rajapaksa escaped his beleaguered nation for a few weeks of calm and PM Wickremasinghe became its president – but with the Rajapaksa clan still around, experts …

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Posted on December 29, 2022

Swiss court helps UK investigation into late Uzbek ruler’s daughter

UK investigators are on the trail of US$48.8 million used to buy property in Britain, which they believe may have been laundered. Gulnara Karimova is in prison on embezzlement and criminal conspiracy …

( read original story …)



Posted on December 29, 2022

Vietnam pulls off Asia’s fastest growth as economy powers on

VIETNAM’S economy grew at the fastest pace in Asia this year, signalling momentum just before risks from a global slowdown began to materialise. Read more at The Business Times.

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Posted on December 29, 2022

How to Invest in the Philippines: Real Estate and Business Opportunities

If you’re looking for a place to invest your money, the Philippines should be high on your list. With a growing economy, a young population, and a stable political environment, the Philippines offers …

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Posted on December 29, 2022

Housing loans on the up as more consumers desire to own property

Banks and financial institutions are offering long-term housing loans to customers, creating opportunities to become owners of property.Some institutions are even approving loans within 48 hours of …

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Posted on December 29, 2022

China’s property investment down in Jan-Nov

China’s investment in property development went down 9.8% year on year in the first 11 months of 2022, data from the National Bureau of Statistics (NBS) …

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Posted on December 29, 2022

China Fortune Land sells property units to CR Land in debt restructuring

China Fortune Land Development Co has agreed to sell equity interest and debt in four property units worth 12.4 billion yuan ($1.8 billion) to a unit of China Resources Land Ltd (CR Land), the …

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Posted on December 28, 2022

Europe issues VAT ultimatum on new homes

Europe has sent Cyprus an ultimatum regarding its abuse of the European Directive on reduced VAT when buying or building primary residences.

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Posted on December 28, 2022

Rivian’s tax incentives from Georgia named worst economic development deal of the year

The Center for Economic Accountability calls Rivian’s Georgia tax breaks the worst economic development deal of 2022. Here’s why.

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Posted on December 28, 2022

Months after bankruptcy, Chattanooga’s Venue Church reaches deal to sell property

Months after filing for bankruptcy, Venue Church has agreed to sell its former big-box store property on Lee Highway — but pastor Tavner Smith said the embattled church will live on. Crosswalk …

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