Asia Real Estate News
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Asia Real Estate News |
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Sri Lanka rating agency warns of real estate market downturn
Lanka Rating Agency has warned of a possible slump in the property market which has been growing rapidly in recent years and shows signs of a classic 'bubble'. It said in a statement that real estate firms
Kookmin to Set Up Office in Vietnam
Kookmin Bank said Tuesday it will open an office in Ho Chi Minh City, Vietnam, next month aiming to provide retail and corporate banking services in the fast-growing Southeast Asian market.
LaSalle says to enter Taiwan via tie-up with Taishin
Global real estate investment firm LaSalle Investment Management said on Tuesday it will enter the Taiwan market by advising a new fund to be launched by Taishin Investment Trust.
Thumb People Could Decide South Korean Elections
Lowering the voting age to nineteen and introducing voting by text message in a country where 87 percent of the population own cell phones might just engage a whole new generation in the electoral system in South Korea.
Vietnam will have another AMC
The Deposit Insurance of Vietnam (DIV) is considering setting up an AMC (asset management company) of its own. This will be the second company of its kind in Vietnam.
Accounting reform in Uzbekistan: outcomes and prospects
A roundtable meeting dedicated to discussion of outcomes and prospects of accounting reforms in Uzbekistan was held at the Radisson SAS Hotel on 18 October.
Editorial: Syrian reforms remain too limited to attract FDI
Foreign Direct Investment grew last year to record levels in Syria, according to the latest report from the United Nations Conference on Trade and Development. Total FDI reached USD 600 million, an annual increase of 20 percent.
Sri Lanka defies sceptics with benchmark bond
Late Wednesday last week Sri Lanka finally issued its maiden sovereign bond (B+, BB-), succeeding in raising $500 million through a five-year 144A, Reg-S bond at a yield of 8.25%, or the equivalent of 397.5bp over five-year Treasuries.
Sri Lanka in new IFC bond index and fund
Sri Lanka has been included in a new World Bank backed initiative to expand the international appeal of local currency bonds of emerging countries.
South Korea defies regional slowdown
South Korea's economy will expand faster than expected this year, powered by exports and a revival in consumer spending, according to a forecast by the Bank of Korea.
Yemen participating in WB and IMF annual meetings
The government announced Saturday it has completed the second phase of the Salaries Strategy with a cost estimated at Yr 100 billion despite the advice of the World Bank to the government to lessen expenditures in order to "reduce inflation and challenge oil revenues dropping."
Dalai Lama wants an autonomous Tibet
This recognition will bring tremendous joy and encouragement to the Tibetan people for whom I have a special responsibility. Their welfare is my constant motivation.
Krung Thai Bank Q3 net profit tumbles
Krung Thai Bank PCL (KTB.BK: Quote, Profile, Research), Thailand's second-biggest bank by assets, reported a much worse than expected 84 percent fall in third-quarter net profit on Friday, dragged down by shrinking loan growth and provisions.
Uzbekistan invites Japan to develop uranium deposits
Uzbekistan, one of the world's biggest uranium producers, invited Japan on Friday to deepen cooperation and jointly explore the Central Asian state's vast uranium reserves.
Tibet freedom movement`s leader gets bail
New Delhi, Oct 19: Mahesh Yadav, a peace activist and convener of Mahatma Gandhi Tibet Freedom Movement, arrested by the police last week for allegedly storming into the Chinese embassy
Oman real estate market comes of age
Dubai: From the perspective of a real estate developer, seeking out a potential investment destination is similar to diving into the deep blue sea, driven by the possibility of finding that rare gem - in this case an untouched location - that has the potential to create a magnificent sustainable tourist destination.
Hanoi: real estate market sees new fever
Hanoi’s real estate market is heating up day by day with the prices of apartments in luxury areas like Ciputra, The Manor, and Trung Hoa-Nhan Chinh up by nearly 100%. Mrs Hoa, who owns a villa and an apartment at Ciputra
Saudi facing massive property shortage
Saudi Arabia is facing a massive shortage of hospitality, office and residential space that could take years to correct, president of Saudi developer Tanmiyat said on Wednesday.
Dwindling tourism may hit resort real estate
Taiwan -- A dwindling number of foreign visitors to Taiwan might hit the local resort real estate sector, business sources predicted yesterday.
Qatar Commercial Bank Fees Spur Q3 Profit to Record
Commercial Bank of Qatar <COMB.QA> beat analysts' forecasts with third consecutive record profit in the third quarter as fees and commissions surged.
Armed forces remain loyal to Philippine leader
Manila - The armed forces remain loyal to Philippine President Gloria Macapagal Arroyo despite accusations her office gave cash gifts to congressmen and local officials to ensure support for her scandal-tainted government, a senior official said Thursday.
Phuket real estate resilient - CBRE
Phuket is experiencing a buzzing low season with hotel occupancy rates up 20%-30% from last year. The term ?low season? may no longer be applicable based on visitor arrivals in the past several months.
Palestinian collaborators to be granted permanent residency
Cabinet to decide on fate of 31 Dahaniya families in next week's meeting; expected to grant financial aid, find permanent place of residence in six months The cabinet is scheduled to decide Sunday on the request made by families of Palestinian collaborators from the Gaza Strip village of Dahaniya for permanent residency in Israel.
Businesses to invest US$3.5 billion in Laos
Vietnamese businesses will invest in 13 projects in Laos to the tune of US$3.5 billion. The announcement was made by General Director of the Bank for Investment and Development of Viet Nam (BIDV) Tran Bac Ha while he met with Lao Deputy Prime Minister and President of the Laos-Viet Nam Cooperation Sub-Committee Somsavat Lengsavad in Vientiane on October 13.
Rep. Israel leads others in campaign funds
With his next election contest still more than a year away, Rep. Steve Israel has amassed $1,013,603.12 in campaign cash, far more than any of his Long Island congressional colleagues.
Expert says Saudi Arabia should consider revaluing riyal
Riyadh: A leading Saudi financial analyst and economic expert has called for the reconsideration of the exchange rate of Saudi riyal without de-pegging it from the US dollar.
Major opportunities for the Middle East in Singapore real estate market
Singapore’s successful participation at Cityscape Dubai attracted strong interest from key UAE figures, with a major highlight being Sheikh Mohammed bin Rashid Al Maktoum
Lebanon's government by murder
Forty Lebanese members of parliament belonging to the pro-Western, anti-Syria March 14th majority bloc currently reside in Tower 3 at Beirut's Phoenicia Intercontinental Hotel.
Japan REIT to test market waters after credit woes
Industrial & Infrastructure Fund Investment Corp (3249.T: Quote, Profile, Research) may find its upside potential capped by U.S. subprime-related concerns after it goes public on Thursday in the first Japanese REIT listing in eight months.
Bank lending expands in Indonesia on strong economy
The banking industry in Indonesia has rebounded from a disappointing 2006, with lending poised to register growth of more than 20 percent by the end of the year
Singapore is money hub for realty
After London Stock Exchange's Alternative Investment Market, Singapore Exchange is fast becoming the favourite of Indian real estate companies to raise funds.
Qatar’s drop in the ocean
First Qatar Real Estate Development Company will announce its latest developments at Cityscape 2007, the largest B2B real estate investment and development event in the world.
Nepal parliament puts off crisis vote to month-end
Nepal's interim parliament put off a vote on Tuesday on a demand by Maoist former rebels to abolish the monarchy immediately as negotiators struggled to avoid a confrontation, a senior minister said.
Myanmar’s Silent Revolution
The Burmese social and political structure, based on paternalistic authority, is inconsistent with democracy’s reliance on equality of opportunity, freedom of speech and assembly, and representative institutions.
Mongolia Matters
Mongolia has emerged in less than two decades as a vibrant, if not complicated, democracy, and stands worthy of enhanced United States and international attention, investment, and support.
Credit Suisse sees next to no GDP growth for Lebanon
Global finance and investment firm Credit Suisse forecast Lebanon's real GDP growth at 0.5 percent in 2007 and at 3 percent for 2008 compared to growth of 6.2 percent in 2007 and 5.9 percent in 2008 in Emerging Europe
Citigroup cuts Israel on inflation
Citigroup Inc. downgraded Israeli stocks to "underweight," citing expectations of "modest" earnings growth, while saying interest rates need to rise further to stem higher inflation.
Local nonprofit helping Afghanistan
A local nonprofit organization that was organized following the 9/11 terrorists attacks in the U.S. will soon open a medical clinic it built and is now equipping in the western Afghanistan city of Hewat.
House Poised to Rebuke State Department on Iraq Corruption Data
The House on Tuesday was expected to adopt a resolution condemning the State Department for withholding information about Iraqi corruption from the Oversight and Government Reform Committee.
Afghanistan Hosts International Economic Conference
Officials from the 10 member countries of the Economic Cooperation Organization (ECO) are gathering in the western Afghan city of Herat today for the five-day conference continuing through October 20.
Afghanistan: necessity, impossibility
2007-10-16 Geopolitics will make needed negotiations between Kabul and the Taliban impossible, and though the moment is ripe for negotiations and diplomacy promises to benefit both Kabul and the Taliban, this window of opportunity will most likely be squandered...
Cambodia issues decree to facilitate loans for investors
The Cambodian government has issued a sub-decree allowing investors to use long-term leases and rights to economic land concessions on state properties as collateral when applying for bank loans, local media reported Saturday.
China Says New Agency Purely Commercial
The chairman of China's multibillion-dollar state investment company said Tuesday that the goals of the new entity are purely commercial, attempting to allay concern that it would be used to promote Chinese political goals.
Cyprus GDP growth target revised higher
The Ministry of Finance (MoF) has revised higher the GDP growth target for 2007 to 4.2% from 4.0% previously forecast but maintains the 2008 target at 4.0%, while inflation is expected at 2.5% in 2007 and 3.3% in 2008.
Entries for Malaysia Property Awards surge
The number of entries for the Malaysia Property Awards has been boosted by the many innovative new concepts being implemented in the Malaysian property sector and the construction boom over the last three to four years.
Mongolia struggles to keep freight on track
Mongolia has almost no paved roads and a creaking rail network with a classic bottleneck on the border with China where the change-of-gauge cannot handle the rising volume of freight.
Brunei Eyes Eaga Funding
Bandar Seri Begawan - Brunei Darussalam may have a chance to seek funding for business proposals under the banner of the East Asean Growth Area (Eaga) after the Asian Development Bank
Turkmenistan Passes New Foreign Investment Law
Turkmenistan may begin liberalizing its tightly closed economy with a new edition of the law “On Foreign Investment” that will allow foreigners to acquire real estate and enterprises.
Turkmen economy is made open to foreigners
The decree "On foreign investments in Turkmenistan" President Gurbankuly Berdymuhammedov signed permits sale of real estate to foreigners. Berdymuhammedov intends to carry out monetary reforms as well.
Timor president swears in state council
EASTTimorese President Jose Ramos-Horta has sworn in the country's State Council, saying the advisory body faced the challenge of restoring stability to the young nation.
Iran’s CBI issues foreign bank setup permit
The Money and Credit Council ratified the setup of banks with joint Iranian and foreign investment and branches of foreign banks in the country last Iranian calendar month of Ordibehesht Iran-Europe Trade Bank was the first inaugurated in Germany on Jan.
Pakistan's uncertain political future
President Pervez Musharraf has won the much-criticised presidential election with part of the opposition (Pakistan Muslim League-Nawaz
Nepali Politics Feel Good Factor Required
The deepening differences among the Nepali political actors and players have made the Nepali politics become a subject of contradictions, inconsistencies and disagreements.
Hong Kong player lines up ?1.5bn Norweb pitch
Li ka-shing, Hong Kong's richest man, is in pole position to take control of UK electricity distributor Norweb in a deal worth about ?1.5bn.
Hong Kong: China's international financial centre with global reach
At the end of last month, when I was in Hong Kong for a week's visit, the local stock market, known internationally as the Hang Seng Index, went through a series of record highs, breaching first the 26,000 level, then the 27,000 level and, since my return, even the 28,000 level.
China Tells Banks to Set Aside Bigger Reserves to Cool Economy
China ordered banks to set aside more money as reserves for the eighth time this year to cool speculation in stocks and real estate and curb the fastest inflation in 10 years. Lenders must park 13 percent of deposits as reserves from Oct. 25, up from 12.5 percent
Turn of the political screw in Thailand
Thailand’s military-appointed interim government is collapsing, exiled former prime minister Thaksin Shinawatra’s political power base is regrouping
Brunei's economy continues to be strong
Brunei's economic outlook is expected to continue to be resilient for the whole of 2007, despite the uncertainty in the oil and gas sector, the Department of Economic Planning and Development (JPKE) reported yesterday. Economic growth will be driven by the non-oil and gas sector.
Sri Lanka rejects UN human rights monitoring call
Sri Lanka Saturday rejected demands for international monitoring of human rights by a top UN envoy who warned of a "disturbing" lack of investigation into reports of killings and abductions.
Hong Kong Shows Steady Support for Reforms
Most people in Hong Kong are supportive of a series of political reforms that would transform the territory into a functioning democracy, according to a poll by the Hong Kong University Public Opinion Programme.
Bahrain Money in Circulation at New High
The total money in circulation in Bahrain has reached an all-time high of a daily record to BD310.6 million on Wednesday. This compared with BD275.7 million worth of money in circulation on Oct. 22, 2006, which was the day before Eid Al-Fitr last year, the Central Bank of Bahrain (CBB) announced on Thursday.
Bangladeshis offer Eid prayers for political stability
Muslims prayed for political stability in emergency-ruled Bangladesh as the country celebrated the Eid al-Fitr festival that marks the end of the fasting month of Ramadan. "We pray for the peace and prosperity of the country.
Angry Kazakhstan props up bank shares
Kazakhstan will respond to an "attack" by hedge funds by buying shares next week in the country's banks that are listed on foreign exchanges to support prices, its prime minister said.
Global Financial Turmoil Hits Credit Rating
Kazakhstan, thriving on oil and gas exports, has long boasted one of Eurasia's most dynamic economies. But it seems that not even the towering Altai Mountains can shield Central Asia's economic giant from the turmoil swirling on international credit markets.
Central Bank of Cyprus keeps rates unchanged, warns of economy ‘overheating’
The Central Bank of Cyprus has kept interest rates unchanged, with its Governor Athanasios Orphanides saying after a meeting of the Monetary Policy Committee on Monday that the key refinancing rate remained at 4.50%. The Bank left the Lombard rate at 5.0% and its overnight deposit facility rate at 3.0%.
History matters in Iranian politics
The name Mahmoud Ahmadinejad has become synonymous with hard-line rhetoric and religious fanaticism. Having won the majority vote in the 2005 presidential elections, it could be wrongfully assumed that his views represent those of the people of Iran.
Indonesians Endorse Secular Politics
Most people in Indonesia believe public service should be separate from religion, according to a poll by the Indonesian Survey Institute (LSI). 57 per cent of respondents support secular values in politics, while 33 per cent prefer Islamic values.
Analysis: Rivals Rap Clinton's Iran Vote
For months, Hillary Rodham Clinton's Democratic rivals watched in frustration as she smoothly pivoted away from her 2002 Senate vote authorizing military action in Iraq.
South Korea's Growth Will Exceed Forecast, Kwon Says
South Korea's 2007 economic expansion is likely to exceed forecasts as export growth accelerates and domestic demand rises, both the finance minister and central bank governor said.
Limitless to develop $12b project in Saudi Arabia
Dubai: Limitless, a real estate development arm of Dubai World, said it will develop a $12 billion (about Dh45 billion) urban project near Saudi Arabia's capital Riyadh
Laos Government Crackdown On Christians Continues
A village church in Laos that once had nearly 2,000 members has shrunk to only a few dozen daring to attend, amid a deadly government crackdown on local believers accused of being "separatist rebels," a Christian news agency reported Thursday
Oman: Diplomacy and economics in the Arabian Gulf
The art of diplomacy was mission critical to regime survival from the moment Sultan Qaboos bin Said attained power in a palace coup in July 1970. Oman in 1970 was the quintessential Arab hermit kingdom, impoverished...
Bhutto back in Pakistan amid political crisis
The former Pakistani Prime Minister Benazir Bhutto has returned from self-exile. Deputy Foreign Editor Anthony Murnane looks at how she is returning to a country in the grip of a political crisis as the Supreme Court prepares to decide on the eligibility of President Pervez Musharraf to remain in office for another term.
Japanese real estate shares rise on Simplex deal
Shares in Simplex Investment Advisors, which manages about 200 properties in Japan, rose by their daily limit Tuesday after Goldman Sachs offered a 43 percent premium in a takeover bid, sending Japanese real estate stocks higher. Simplex rose ?30,000 Tuesday, or 20 percent, to ?180,000, or $1,538.48, in Tokyo.
Political Fragmentation Hinders Lebanon's Stability
The recent failure to elect a successor to current President Emile Lahoud and the deepening political fragmentation within Lebanon pose a serious challenge to the already precarious local stability and governability situation.
BBC on FM in the Maldives
The BBC's internationally English radio programmes will now be heard on FM for the first time in the Maldives capital of Male.
Kazakhstan's Ratings Lowered
Standard & Poor's has lowered Kazakhstan's sovereign rating to BBB- and Fitch has changed its prognosis for the analogical rating from positive to stable.
Syria's Central Bank to issue Treasury Securities
The Syrian President has issued a Law authorising the issuance of Treasury Securities by the Central Bank of Syria. This is the first time the issuance of Treasury Securities is allowed in Syria.
Bank of Cyprus hits all-time record high
Bank of Cyprus shares hit a new all-time record high, pulling the Cyprus Stock Exchange (CSE) Main index to a record following a massive influx of investors after Marfin Popular Bank liquidated all its stake in the Bank
Hong Kong shares rally on rate view, fund flows
Hong Kong stocks jumped on Wednesday, as minutes from the U.S. Federal Reserve's last meeting suggested further rate cuts were possible, sending shares rallying across the board and boosting the debut of China Dongxiang (Group) Co Ltd .
National Bank of Bahrain net profit rises 17 per cent
National Bank of Bahrain has maintained good earnings growth with net income for nine months of 2007 rising to BD 33.63 million ($89.44 million), an increase of 17.1 per cent compared to the net income of BD 28.71 million ($76.36 million) for the first nine months of 2006.
Vietnam needs more than 80 banks: experts
While some people are calling on the State Bank to limit the number of banks in Vietnam, other experts say Vietnam needs more than the 80 operational banks to meet the increasing demand for banking services in the country.
Tameer to promote $500mn Jordan project
Dubai-based property firm Tameer will promote its first project in Jordan at this month’s Cityscape real estate expo, the company said on Monday.
KEO awarded First Bahrain development
KEO International Consultants (KEO) has been appointed by First Bahrain Real Estate Development Company to master plan and design a US $450 million (BDH 169 million) development in Bahrain's Seef District.
Japan's Property Market Still Has Allure
Goldman Sachs Group Inc. and Aetos Capital LLC plan to bid as much as $1.1 billion for all of the shares of a listed Tokyo-based property developer, in a deal that highlights the continued allure of Japanese real estate.
Hilal discusses key issues in Yemen politics in on-line forum
Minister of Local Administration, Abdul-Qader Hilal was a guest at Hiwar on-line Forums in Yemen last week and responded to many questions regarding the new local authority law. Hilal talked about many things including the situation in the southern governorates.
Zoom to invest $100 mn in Philippines for condominiums
Real estate firm Zoom Developers on Monday said it would invest 100 million dollar to develop 15 lakh sq ft condominiums in Philippines.
Chief Financial Officer - Real Estate - Saudi Arabia
Our client is Saudi Arabia’s largest Real Estate Development Company providing homes for the rapidly expanding population of the Kingdom. Total assets are almost $3b and growing rapidly.
Palestinian finds following for poetry of hope
Hundreds of Palestinians have flocked to hear his poems, packing cultural centres in the West Bank and once filling the football field of a school -- hardly the usual response to an art form associated with the elite.
China casts fearful eye at subprime
In the wake of the US subprime crisis, China's central bank and its banking watchdogs have ordered commercial banks to tighten loans to home buyers and property developers, apparently in fear that a possible downturn of the currently bullish housing market would bring about similar financial turmoil in the country.
Qatar swoops for more London real estate
Qatar has agreed to buy part of a London residential development through the investment agency that acquired the Chelsea Barracks from Britain's defence ministry this year, a spokesman for the agency said on Sunday.
Khatami to lead Iranian opposition in elections
Former Iranian president Mohammad Khatami will lead the opposition coalition in the country's March parliamentary elections, the cleric's brother told the Fars news agency on Saturday.
Tajikistan to hold rotating presidency in Eurasec in 2008
Tajikistan will hold a rotating chair in the Eurasian Economic Community (Eurasec) in 2008 and its leader will supervise the work of the organization, the Russian president said Saturday.
Indonesia president tells army to stay out of politics
Indonesian President Susilo Bambang Yudhoyono on Friday warned the once-powerful armed forces against returning to politics. Under former President Suharto, the general who rose to power in an anti-communist coup and who ruled for 32 years, the military had a prominent role.
Jordan: Political Apathy Threatens Polls
As Jordan prepares for general elections this fall, vote-rigging allegations that surrounded the July local polls could have a profound impact on voter turnout, with observers expecting wide-spread political apathy among the public, mainly in urban areas.
Leader calls for shake-up in United Arab Emirates
SHEIKH Mohammed bin Rashid al-Maktoum, Prime Minister of the United Arab Emirates, envisions his country as a world-class financial hub run by Emiratis.
Pak-Oman launches brokerage services
The shareholders agreement for the launch of Pak-Oman Brokerage Services Limited was signed at a ceremony held in Dubai on Thursday.
Saakashvili in Tajikistan for CIS Summit
President Saakashvili left for Tajikistan on October 5 to participate in a summit of the heads of states from the Commonwealth of Independent States (CIS) in Dushanbe.
Broken down North Korea economy stuck in slow lane
Leaders of South Korea's biggest companies on Thursday saw the pride of North Korea's auto industry, which turns out vehicles named "Whistle" and "Cuckoo" at an annual rate equal to what Hyundai Motor makes in three hours.
North, South Korea pledge peace, prosperity
The leaders of North and South Korea pledged on Thursday to seek talks with China and the United States to formally end the 1950-1953 Korean War and resume freight train services severed during the war.
Property Prices In Brunei On The Rise
Bandar Seri Begawan - Property prices in the Asia-Pacific have been booming for the second quarter of 2007, according to indices assembled by the Global Property Guide.
Goldman in bid for Japanese retail investor
Goldman Sachs on Friday underlined its bullish view of Japan's real estate market by launching a takeover bid for Simplex Investment Advisors that values the Japanese real estate investor at Y156.95bn ($1.34bn).
Kuwait lawmakers urge govt to curb inflation
Kuwaiti lawmakers are calling on the government to curb rising prices after spiralling food and housing costs fuelled inflation in the state. Inflation came off 12-year highs and eased to 4.36 per cent in June but has become a political issue in Middle East’s fourth-largest oil producer
South Korea leader crosses line in name of peace
South Korea's President arrived in Pyongyang yesterday to the cheers of North Koreans and the handshake of leader Kim Jong-il for a meeting aimed at ending half a century of animosity born in the Cold War.
Maryknoll humanitarian trumps politics in North Korea
The South Korean president, Roh Moo-hyun, walked across the center of the demilitarized zone on his way to Pyongyang yesterday, for only the second summit between the leaders of the two Koreas.
World Bank to assist 100 US dollars to Nepal for poverty alleviation
The World Bank (WB) has agreed to provide 100 million U.S. dollars in grant to the Poverty Alleviation Fund (PAF) in order to assist Nepal in its fight against poverty.
All is not Well in Macau
Recent demonstrations underscore discontent with the cocktail of sleaze, vice and corruption that propel Macau’s economy The former Portuguese enclave of Macau has long been almost as notorious for the corruption of some government officials as for its gambling and sex industries.
Iraqi refugees and the economy
Jordan has offered refuge to many Iraqis, several waves of them as a matter of fact. The last, whose size is yet to be officially disclosed, ranges from 250,000 to 1.25 million.
Philippines elections chief quits
The head of the Philippines elections commission has resigned amid allegations of his involvement in a high profile bribery scandal.
North Korea's Economic Fog
South Korean President Roh Moo-hyun wants to focus on economic cooperation when he meets North Korean leader Kim Jong Il this week. But that could be a challenge because no outsider really knows what is going on in the North's economy.
Brokerage to open in United Arab Emirates
HSBC Holdings PLC of London will launch a brokerage in the United Arab Emirates — the first international bank to do so, the Financial Times reported.
Importers cry politics over tough Taiwan food inspections
A row that began a year ago when Taiwan rejected Chinese crabs containing a banned substance has spread to other imports from pork to wheat, raising the ire of trading partners who accuse the country of protectionism.
Pakistan bank on spin against Proteas
Pakistan captain Shoaib Malik said yesterday his team will not attempt to match South Africa's pace and will instead focus on their own strengths ahead of the Test series opener here.
Banks expansion in Pakistan dents tight monetary policy
THE banks have dented the tight monetary policy of the central bank, making it almost ineffective in its key aim of containing inflation.
Compromise needed to avert Taiwan crisis
There was never any doubt about the outcome of Taiwan's bid to regain a seat in the United Nations. For the 15th time in as many years, the U.N. rejected Taipei's call to return to the world body.
Kazakhstan: Big politics and human lives
But politics first: Andy-taker draws attention to the fact that ministers in Kazakhstan are being reshuffled, migrating from one government to another in a manner which bears no particular relation to theirprofessions.
A profile of Malaysia’s housing industry
Malaysia?s housing market is expected to recover strongly in the second half of this year, with buying interest in the low end and mid range property ignited by government incentives to bolster sluggish sales.
Malaysia welcomes FDI in real estate
The Malaysian government will support foreign direct investment in real estate in Malaysia, said secretary of Prime Minister's Office K. Govindan at the first Global Chinese Real Estate Conference here on Thursday.
Murdoch bemoans political strife in Myanmar
News Corp. Chairman and CEO Rupert Murdoch joined heads of state from Turkey, Croatia and Timor-L'Este in condemning violence in Myanmar and called on economic prosperity as a cure for the global turmoil.
Macau govt returns control to bank at centre of NKorea row
The Macau bank, which had held millions of dollars in North Korea assets stalling a nuclear disarmament for months, can resume control of its operations, government officials said Friday.
Buddhist monks no strangers to Myanmar politics
The maroon-robed monks at the heart of Myanmar's biggest pro-democracy demonstrations in 20 years are no strangers to political struggle in the mostly Buddhist nation, under military rule the past four decades.
Presidential Politics, Lebanon-Style
The Lebanese parliament failed to elect a new president Tuesday after the legislature was unable to attain the required quorum due to an opposition boycott.
The role of charities in Yemen’s development
Social Capital is a very new concept to Yemen, it stands alone as an isolated understanding of Yemen limited to several micro-developmental organizations
Singapore drawing more foreign investors
When real estate developers visit new markets around the world, they generally view the trip as an investment in the future rather than an effort to actually sell anything.
Cheap Cyprus Property is There Any Such Thing?
Cheap Cyprus property is a holiday home buyers dream come true but if you don't take care it could turn into a nightmare. In the search for cheap Cyprus property many prospective buyers are starting to look towards the North of the Island.
Ideological Polarisation In Nepali politics
It seems Nepali politics is heading towards swift ideological polarisation. The existing political equation and fast changing developments have forced the different political forces to work out a new alliance and equation in Nepali politics.
Protesters demand justice as East Timor probe closes
Protesters called yesterday for the disbanding of an Indonesia-East Timor commission looking into violence surrounding East Timor's 1999 independence vote, demanding justice for what happened.
Bangladesh court issues arrest warrants against ex-ministers
A court here has issued arrest warrants against 23 people, including several former ministers of the Bangladesh Nationalist Party regime, for allegedly selling 18 abandoned government houses in a made-up auction, reports said here on Wednesday.
Demand still drives rents up in Qatar
Doha: Industry experts said yesterday that Government measures to help stabilise rents in Qatar will take a take few years to show results.
Singapore property developers still bullish on housing demand
Singapore's property developers are still bullish, with strong housing demand likely intact through next year given the prevailing shortage of housing units in the city-state, Simon Cheong, president of the Real Estate Developers Association of Singapore (REDAS) said Tuesday.
Gusmao Testifies to East Timor Truth and Friendship Commission
East Timor's Prime Minister Xanana Gusmao has testified before the Indonesia-East Timor Truth and Friendship Commission. The hearing marks the first day in a week-long session in East Timor's capital, Dili.
DAMAC Properties further strengthens its presence in Jordan
The expanision is to support the company's projects in Jordan that include - The Heights, The Courtyard 1&2, The Lofts, Business Heights and Business Gate with more projects to be launched.
Thai real estate hit by strong baht
Not only has the strength of the Thai baht become a major concern for exporters, but it has also had implications for Thailand’s real estate sectors.
Israel opens criminal probe into Olmert real estate purchase
The Israeli Attorney General announced Monday that he was opening an investigation into a real estate purchase made by Israeli Prime Minister Ehud Olmert.
Kuwait to probe real estate, land price rises
KUWAIT. Kuwait said it would investigate a jump in prices of real estate and land plots after housing costs jumped in July and raised worries of fuelling inflation.
Philippine Condotels as an investment
In the Philippines it?s not just that condos are comparatively cheaper and relatively more easy to maintain than a single-family home. In recent years
Bhutan's Plans for Democracy Exclude Hindu Refugees
It's democracy for some as Bhutan refuses to allow more than 100,000 Bhutanese Hindu refugees to return home.
Record number of real estate deals expected
KUWAIT: A specialized real estate company predicted yesterday a record rise in the number and size of real estate deals until the end of this year due to the start of the season of real estate exhibitions.
Bangladesh's Political Epicenter
Nearly every political milestone in Bangladesh has its roots in the stately, tree-lined campus of the University of Dhaka, where student-led protests have repeatedly given rise to sweeping changes in government.
Oman's money supply surges
Oman's money supply, an indicator of future inflation, rose more than 30 per cent in July for the second straight month, the central bank said.
Indonesia losing its thirst for privatization
The botched privatization of an Indonesian water utility represents the latest cautionary tale debunking market fundamentalist dogma that private management and pricing are in the interests of the public good.
Cambodia Braces for a Mining Invasion
Cambodia’s once-abundant natural resources, whose timber reserves already were stripped to fund its disastrous civil war, are ripe for more exploitation.
Kuwait Real Estate Company issues bonds
KUWAIT: The Kuwait National Company for Real Estate Projects announced yesterday that its recently issued bonds attracted a large turnout by investors.
Kuwaiti real estate sector predicted to drop in 2008
KUWAIT: Investors in the real estate sector in Kuwait face a lot of obstacles which drive them to other neighboring countries where the investment environment is more friendly, says an official at the Public Authority for Housing Welfare.
Malaysia: Elections without representation
Political tension is rising in the run-up to Malaysia's next general election as demands for free and fair polls made by a coalition of opposition political parties and civil-society groups are increasingly being met with violence by the ruling 13-party Barisan Nasional (BN, or National Front) coalition.
W. Jordan makes way to move historic barn
West Jordan is making room for a 100-year-old barn at its expansive Veterans Memorial Park. The City Council this week decided to grant additional space - about 7,000 square feet - to the West Jordan Historical Museum's current lease at the park near 7800 South and 2000 West.
Kyrgyz President Calls Referendum
Kyrgyzstan's president on Wednesday called a national referendum on changing the constitution to elect the Parliament by party list a change that would hurt the country's many small parties and independent politicians.
World Banks seeks to bring banking to rural Mongolia
Officials of the World Bank are studying ways to set up small banking stations in rural Mongolia to assist people who normally do not have access to banks.
Foreign private equity marches into China real estate market
It is becoming a trend for foreign private equity funds to invest in Chinese real estate projects, according to a report published by Zero2IPO. Zero2IPO analyst Chu Wanglin holds that three opportunities; the 2008 Beijing Olympic Games, the 2010 Shanghai World Expo and the anticipation for appreciation of the yuan
Political Socialization and Political Culture in Kyrgyzstan
Kyrgyz citizens are elite driven and politically manipulated citizens. To see this we don’t look back too far; just take the recent protests, which became the tradition of Kyrgyz people.
Bahrain Islamic Bank incorporates Abaad Real Estate Company
Bahrain Islamic Bank, one of the leading commercial banks in the Kingdom of Bahrain, announced today the incorporation of a BD 10 million real estate company in the Kingdom of Bahrain.
Israel's Asserson Law Office poaches Addleshaws real estate rainmaker
Addleshaw Goddard's real estate practice has been hit by a raid from Israel-based firm Asserson Law Office, which has hired partner David Prais for its office in Jerusalem. |
