By bne – Phnom Penh Office The World Bank has significantly downgraded Cambodia’s economic growth forecast for 2025, revising it to 4%, down from the previous projection of 5.5%. The adjustment, …
Eyeing Cambodia’s 2015 property prospects
The Cambodian property market has done well this year, despite some stagnation that followed 2013’s troubled national elections. Ross Wheble, country manager at worldwide real estate agency Knight …
Construction worker discovers 1,500-year-old tomb complex in Syria
A construction worker uncovered a 1,500-year-old tomb complex while removing the rubble from war-torn ruins. The incredible discovery of an ancient Byzantine tomb complex was found in the Syrian …
Level 4 ‘Do not travel’ warning issued for Middle Eastern country, kidnappings among concerns
The State Department says Americans should not visit the country for any reason as terrorism, kidnapping concerns rise.
AM Best sees South Korea’s non-life growth in health and property lines
Ongoing regulatory changes are driving insurers to strengthen capital. AM Best has maintained a stable outlook for South Korea’s non-life insurance sector, citing strong capital management efforts, …
UK Freezes 342 Properties Linked to Ex-Bangladesh Minister
British police have frozen 342 properties worth around £185 million ($252 million) linked to the family of Bangladesh’s ex-land minister, pursuing a crackdown on assets held by members of the former …
Short-Term Rentals VS. Long-Term Returns: What’s The Smarter Play For Goa Property Investors?
Goa’s real estate booms with 5-8% rental yields. Short-term vacation rentals offer high returns but demand active management, while long-term leases provide steady income with less hassle.
Inheritance Under Enemy Property Act, Back To Surface With Saif Ali Khan’s Case
The interplay between sovereignty and individual rights is fully visible in the Enemy Property Act, 1968. The core constitutional issue is as to whether the State permanently appropriate …
Macau govt underestimates economic pain of satellite casino closures: real estate association
The Macau government has “underestimated” the economic impact from the closure by year-end of Macau’s 11 satellite casinos, says the Macau General Association of Real Estate. That is in terms of the …
Sultan of Brunei eyes NYC’s Pierre Hotel
If completed, the deal would highlight New York’s luxury market recovery and the growing interest of wealthy global investors in prime properties.