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Posted on July 27, 2022

Hong Kong’s lived-in home prices slump to lowest level since December 2020 as caution prevails ahead of rate hike

The lived-in home index fell 1.1 per cent to 380.5 in June, the lowest since December 2020, according to data from the Rating and Valuation Department The 1.1 per cent price decline in June was the …

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Posted on July 27, 2022

With casinos in Macao reopened, business continues to be slow

Casino industry analysts aren’t particularly optimistic about Macao rebounding to prepandemic levels anytime soon, even after resorts opened doors after a 12-day shutdown.

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Posted on July 27, 2022

Hong Kong must raise interest rates but wild swing in property prices unlikely, finance chief says

Paul Chan says prime rate increase in Hong Kong is expected in coming months, but scale and pace need not follow US Fed’s move Financial secretary also refuses to rule out using edge of Tai Lam …

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Posted on July 27, 2022

ABTS Lebanon installs solar panels

Solar panels have sprouted on rooftops across the country, powering refrigerators, washing machines, fans, and lights. Loulwa El Maalouf with the Arab Baptist Theological Seminary (ABTS) says, …

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Posted on July 27, 2022

Homeowners in Singapore could soon feel the pinch from rising mortgage rates

Homeowners in Singapore are starting to tighten their belts as they will soon face higher mortgages, thanks to rising interest rates.

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Posted on July 27, 2022

Thailand’s plan to allow foreigners own land may worsen oversupply of flats in Bangkok

The Thai government plans to allow foreign nationals to own up to 1 rai (0.16 hectares) of land from September if they invest 40 million baht (US$1.09 million) for three years The inventory of unsold …

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Posted on July 27, 2022

Thailand’s plan to allow foreigners own land may worsen oversupply of flats in Bangkok

The Thai government plans to allow foreign nationals to own up to 1 rai (0.16 hectares) of land from September if they invest 40 million baht (US$1.09 million) for three years The inventory of unsold …

( read original story …)



Posted on July 27, 2022

Powerful earthquake strikes the northern Philippines

The 7.1 magnitude quake sent strong tremors through the capital, Manila, and aftershocks were expected. No casualties were immediately reported.

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Posted on July 27, 2022

Powerful earthquake strikes the northern Philippines

The 7.1 magnitude quake sent strong tremors through the capital, Manila, and aftershocks were expected. No casualties were immediately reported.

( read original story …)



Posted on July 27, 2022

Strong quake kills 2, injures dozens in northern Philippines

A strong earthquake left at least two people dead and injured dozens in the northern Philippines on Wednesday.

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