The Department of Tourism and Commerce Marketing, Dubai Tourism, hosted a virtual forum for stakeholders and partners to share its industry outlook ahead of the city’s reopening to international tourists on 7th July. The forum provided a first-hand insight into current and post-pandemic strategies that will help accelerate tourism momentum and position Dubai as a […]
The Department of Economic Development, DED, Trader licence launched by the Business Registration and Licensing, BRL, sector, enabling start-ups in Dubai to conduct business activities online and across social networking accounts, has seen an 83 percent increase in licences issued from January to end of June 2020. Compared to the same period last year when […]
SunPower Corp. (NASDAQ:SPWR) received the prestigious Smarter E-Award in the “Outstanding Projects” category in recognition of Powerhouse Brattørkaia, an 18,580-square-metre energy-positive future-proof office building located in Trondheim, Norway. SunPower supplied its high-efficiency Maxeon® solar panels for the project. Powerhouse Brattørkaia is the world’s northernmost energy-positive building. This means it is designed to generate more energy […]
#AUSTRALIA $AUDUSD $ASX The Reserve Bank’s Policy Actions and Balance Sheet Guy Debelle[*]Deputy Governor The Economic Society AustraliaOnline – 30 June 2020 Australia is experiencing an historic event. It is first and foremost a health event. Thankfully, thus far the health outcomes in Australia have been better than feared. The health decisions taken by the […]
#Thailand #Phuket #yacht #relax #enjoy #boatlagoon Thailand is definitely the perfect place to relax and enjoy the results of your labor. The Phuket Boat Lagoon features 5 villas with private yacht berths accommodating vessels of up to 25 meters. Views of the marina give a relaxing yet urban feel, and luxurious lifestyle of the lagoon […]
The Bahamas Ministry of Tourism & Aviation is preparing for Phase 2 reopening, July 1, which allows for the resumption of international travel. All travellers visiting The Bahamas beginning July 1, must: Present a COVID-19 RT-PCR Negative (Swab) Test. Those arriving between July 1-7 must present results less than ten (10) days old. Those arriving […]
#Vietnam #economy Vietnam’s economy unexpectedly expanded in the second quarter, shrugging off a coronavirus pandemic-caused global downturn, but it was still the country’s slowest growth in nearly three decades. Gross domestic product rose by 0.36 percent April to June compared to the same period last year, the General Statistics Office in Hanoi announced Monday. “It’s […]
Simon announced today the grand opening of Siam Premium Outlets Bangkok, marking the arrival of Thailand’s first Premium Outlets®, bringing the world’s most popular brand of outlet shopping to the country. “We are thrilled to celebrate the opening of our newest Premium Outlet center serving the vibrant Bangkok region, as part of our continued international […]
(NASDAQ: RDFN) — Prices of the most affordable third of homes in the U.S. climbed 5.5% year over year during the 12 weeks ending May 31, while prices of the most expensive third of homes increased just 2%, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Price growth began accelerating […]
The luxury side of the housing market is getting strong again, according to a new report. Potential homebuyers with big money have been sitting on the sidelines due to The China Virus quarantines and lockdowns. But as the country reopens, they are house hunting, according to a new report by Realtor.com released Thursday. “After being […]
#GDP #USA #FX #USD #CORONAVIRUS Real gross domestic product (GDP) decreased at an annual rate of 5.0 percent in the first quarter of 2020 (table 1), according to the “third” estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 2.1 percent. The GDP estimate released today is based on […]
$BAC $JPM $USD #ECONOMY #USA Personal income decreased $874.2 billion (4.2 percent) in May according to estimates released today by the Bureau of Economic Analysis (tables 3 and 5). Disposable personal income (DPI) decreased $911.1 billion (4.9 percent) and personal consumption expenditures (PCE) increased $994.5 billion (8.2 percent). Real DPI decreased 5.0 percent in May […]
The US economy shrank by an annualized 5 percent in the first quarter of 2020, in line with the previous estimate and ending the longest period of expansion in the country’s history, final figures showed. It is the biggest drop in GDP since the last quarter of 2008 as the Covid-19 pandemic forced several states […]
#FX #AUDUSD #AUD #AUSTRALIA Already over taxed and under serviced the Aussie worker is taking on an increasing amount of debt via Government bail-out and assistance programs. Afer making themselves dependent on China they now find themselves at odds with their self appointed benefactor. Government Debt to GDP in Australia averaged 24.41 percent from 1989 […]
– Another 723,000 homeowners became past due on their mortgages in May, pushing the national delinquency rate to its highest level in 8.5 years – There are now 4.3 million homeowners past due on their mortgages or in active foreclosure — including those in forbearance who have missed scheduled payments as part of their plans […]
Ad Sales Google is expected to see its first decline in US ad revenues this year as the coronavirus pandemic hits travel advertising, a market tracker said Monday. New research by eMarketer indicates Google will still be leading digital advertising but with a smaller share as the market evolves into a “triopoly” with Facebook and […]
$Z Southern California house hunters put 5% more homes into escrow in the most recent wk, the 8th straight weekly increase, as the buying pace now is running just 2% shy of Y 2019. Zillow’s (NASDAQ:Z) weekly report on activity from brokers’ listing services in Los Angeles, Orange, Riverside and San Bernardino counties shows the […]
Britain confirmed Tuesday it was looking at establishing “air bridges” with countries with low rates of coronavirus, exempting them from controversial quarantine measures. Under a plan announced last month to try to limit the spread of COVID-19, international arrivals from June 8 will be required to self-isolate for a fortnight. Ireland is currently the only […]
This week brought more evidence of buyers and sellers returning to the market as newly pending sales and new listings are up from the previous week. Inventory continues to be incredibly tight — one reason list prices are growing faster than they were in April. Partly on the strength of that rebound, Zillow’s forecast now […]
$DIA $SPY $QQQ $RUTX $VXX April had a record decline in Americans signing contracts to buy homes, a reflection of the broader shutdown of economic activity in response to the C-19 coronavirus chaos outbreak. The National Association of Realtors (NAR) said Thursday that pending home sales index dove 21.8% from the prior month to a level of […]
New claims for unemployment benefits filed by US workers declined slightly last week, but were still a staggering 3.2 million, government data said Thursday. The data from the Labor Department bring the total claims filed since mid-March, when the coronavirus pandemic forced businesses to close their doors to stop the virus’s spread, to 33.5 million. […]
The number of international tourist arrivals could plunge by 60 to 80 percent in 2020 owing to the coronavirus, the World Tourism Organization said Thursday, revising its previous forecast sharply lower. Widespread travel restrictions and the closure of airports and national borders to curb the spread of the virus had plunged international tourism into its […]
Evidence mounted of the devastating economic impact of the coronavirus pandemic on Thursday as hard-hit Europe moved to further ease lockdown measures that ground its economies to a halt. “the data we are seeing now is just the tip of an Iceberg that we are yet to fully comprehend, we are not a buyer of […]
No one would argue with you if you categorize 2020 among biblical years. What the world is currently experiencing hasn’t been felt for decades, or even centuries. Every aspect of life has been affected, from political to social to the economic sectors. Details are still sketchy now, but, of course, life will have to go […]
US exports plunged 9.6 percent in March — the biggest monthly decline on record — increasing the trade deficit to $44.4 billion as the coronavirus pandemic disrupted global commerce, according to government data released Tuesday. The Media and the Democrats continue to whip up a Carona frenzy with the aim of putting Joe Biden in […]
Hard-hit by the market rout surrounding the coronavirus pandemic, Berkshire Hathaway, the holding company of Warren Buffett, has reported first-quarter net losses of nearly $50 billion, it reported Saturday. The company, based in Omaha, Nebraska, called the setback “temporary” but said it could not reliably predict when its many businesses would return to normal or […]
Ten years after sinking into its worst economic crisis in living memory, Greece once again faces the spectre of a grave recession in the midst of a global coronavirus lockdown. Though the country has so far been spared the death toll of other European nations at fewer than 150 fatalities from COVID-19, it will not […]
Given the coronavirus pandemic around the world, things have been different for the people, schools, professionals on the frontlines, and the business industries, especially real estate. Due to the threat to life brought by the coronavirus disease, different governments have declared community quarantines and lockdowns to slow down the spread of the virus. With the […]
The Shayne Heffernan Idea Sell in May and Go Away? Maybe As Countries reopen in May the market will rally, But, this may not be the time to buy, yes if you buy here long term you will make money but if you are looking for the trades of the decade hold your horses until […]
In just a few weeks, the lives of The People have changed in ways they had never imagined. People can no longer meet, work, eat, shop, and socialize as they used to. The working world moved rapidly from business as usual to cautious travel, office closures, and work-from-home mandates. Instead of traveling and going out to […]
Nobody has any sense of how long this coronavirus lockdown will last so the federal and state government have put in place forbearance programs allows everybody to press pause on their current circumstances and breathe. And take a look at what the world might look like in 6 or 12 months and plan for that. […]
The Covid-19 outbreak is adding to the strain on Dubai’s real estate market The widening coronavirus pandemic could see Dubai property prices falling to marks last seen 10 yrs ago, according to S&P Global Ratings. “We believe real estate prices are approaching levels seen at the bottom of the last cycle in 2010, and are […]
High-end home values in Paris jumped last year, as wealthy buyers were drawn to the city’s good value and investment stability, according to a report Thursday from Savills in London. Values of prime properties defined as those priced at $2.2-M and up in the French capital rose 6.4% in Y 2019, compared to 4.5% during […]
It is no secret that California’s affordable housing crisis and worsening wildfire season are driving some residents out of The Golden State. But in case you need an extra incentive to leave, the here a list of cities and states that are paying people to move in. Those places include: Vermont, whose Remote Worker Grant Program funds grants of up […]
A Quick Guide to Successful Investing When to Invest Techniques and Psychology Mistakes to Avoid Rule of thumb on when to invest The best times to invest are: When the investment vehicle is undervalued An undervalued asset is one that is selling below what is assumed to its intrinsic value. Compare the current price of […]
Berlin will publish Thursday updated growth forecasts for Germany that are likely to reveal a still weaker outlook than before, but it remains hesitant to stimulate its own and partner economies. In the economy ministry’s predictions for growth in the gross domestic product, presented around 2:00 pm (1200 GMT), observers are already bracing for a […]
$DIA, $SPY, $QQQ, $RUTX, $VXX Friday, the White House chief economic adviser Larry Kudlow declared President Trump is doing the “Lord’s work” when it comes to defending the US economy in terms of dealing with China, and said he does not believe there is a recession in sight under current scenario. “I know everybody wants […]
Friday, President Trump signed a Proclamation suspending entry of immigrants who will not be covered by health insurance within 30 days of entering the United States or do not have the means to pay for their healthcare costs themselves. The Proclamation, issued by the White House, said it would not affect any individual’s eligibility for […]
Hundreds of hotels in Spain are facing imminent closure over the collapse of British travel giant Thomas Cook, the head of the Spanish hotel federation warned on Monday. “There are 500 hotels which are going to close immediately due to the collapse of Thomas Cook and the situation could get worse if the government doesn’t […]
As Britain’s deadline to leave the European Union approaches, property prices have slowed or dropped, especially in London, with sector analysts warning of worse to come if Britain crashes out of the bloc without a deal. “The market is at a standstill,” said Beatrice Caboche, director at real estate company Barnes UK. Average property sales […]
Dubai, a city defined by its glittering towers and man-made islands, is stuck in a five-year property downturn with no end in sight, drawing warnings of an industry reckoning that will see weaker players fail. Property developers are slashing prices and offering ultra-easy financing to lure customers, while concerned authorities have stepped in with incentives […]
US home construction in August hit its fastest pace in 12 years amid a surge in the building of apartment houses, official data showed Friday. Meanwhile, permits for construction, a sign of supply in the pipeline, also bounded higher, with the multi-family segment likewise leading the way, the Commerce Department reported. The late-summer construction rush […]
$FNMA US Consumer sentiment about buying a home ticked up in August as expectations about falling mortgage rates offset reduced optimism about home price appreciation and the timing to buy and sell a home, Fannie Mae (OTCMKT:FNMA) said Monday. The largest US home finance agency said its index on home purchase sentiment moved up 0.1 […]
$FMCC, $FMNA Fannie Mae and Freddie Mac spiked on good news for investors. US Treasury Secretary Steven Mnuchin said he will soon reach a deal to allow the 2 mortgage giants to retain earnings and a legal victory that gave shareholders renewed hope of getting their hands on some of the companies billions of dollars […]
Do you dream of owning a home? Statistics show that many millennials are now reaching the age where they are thinking about home ownership and starting a family. However, many of them don’t have the finances available to apply for a mortgage. With the state of the economy, it’s not only millennials that are struggling […]
Re-sales of homes in the United States beat analyst predictions last month. Information released Wednesday by the National Association of Realtors revealed sales of previously-owned homes edged up 2.5% in July, as mortgage rates offset the affordability crunch caused by high home prices at the margins. Existing home sales occurred at a 5.42 million seasonally-adjusted […]
The Planning and Statistics Authority’s recently released data shows 51% general increase in July 2019 in number of building permits issued when compared to June this year. The Planning and Statistics Authority (PSA) published the fifty-fifth issue of the monthly statistics of Building Permits and Building Completion certificates issued by all municipalities of the […]
$USD $HKD Residents of Hong Kong are swapping their Hong Kong dollars for other currencies as political unrest affects the local currency, the WS-J reports. Hong Kong’s currency sharply weakened against the USD starting last July, which analysts partly attribute to outflows. The FT reports Hong Kong’s 10 richest people lost about $15-B since that time. […]
President Donald Trump’s reported wish to buy Greenland may have been rejected by Denmark. It underscores the rising value of the massive, ice-covered island due to global warming and to China’s drive for an Arctic presence. The accelerating polar ice melt has left sparsely populated Greenland, a self-governing part of Denmark. Astride what are potentially […]
Home value appreciation has slowed each month this year, and is at its lowest level since 2015 – The rate of year-over-year home value growth has fallen in each of the past seven months. The median U.S. home is worth $229,000, up 5.2% from this time last year. – Rents grew 1.9% on an annual […]
Henley Investments, a leading private equity real estate firm based in the UK and the US, has announced the acquisition of their fourth boutique hotel in Miami in partnership with Life House, the venture-backed, technology-enabled hotel management company. The largest US hotel acquisition to-date by Henley with a total project capitalization in excess of $40M (including acquisition and renovation […]
Ashford Hospitality Trust, Inc. (NYSE: AHT) (“Ashford Trust” or the “Company”) today announced the sales of the 156-room Courtyard Savannah Downtown in Savannah, Georgia and the 128-room Hilton Garden Inn in Wisconsin Dells, Wisconsin for $37.8 million. The combined sales price, inclusive of the buyers’ estimated anticipated capex of $8.2 million, represents a trailing twelve-month cap rate of 5.3% on net operating […]
Empty hotel rooms, struggling shops and even disruption at Disneyland: months of protests in Hong Kong have taken a major toll on the city’s economy, with no end in sight. City leader Carrie Lam has warned that the international financial hub is facing an economic crisis worse than either the 2003 SARS outbreak that paralysed […]
Fish are swimming in the streets of Miami A phenom known as “king tides” a higher than normal tide caused by a Full or New Moon is getting worse in Miami maybe because of sea-level rise caused by human-induced climate change. In an analysis, the Post reported Miami set daily high tide records for more […]
The 2019 edition of the Fortune Global 500 list was formally released on the evening of July 22, with Wal-Mart, Sinopec, and Shell Oil Company owning the top three spots. The Fortune Global 500 companies in the aggregate recorded total operating revenue of US$32.7 trillion, up 8.9 per cent year-on-year, while their profit reached a new high at […]
How land reclamation projects have impacted the value of real estate in the UAE In an era where almost anything seems possible we seem to be faced with two unique issues, each of which are moving in diverging directions. The first is due to the effects of climate change which are forcing people to have […]
One of the hottest topics circulating around the agriculture industry the past few years has been the land market. In 2019, the topic is open for more speculation than ever as land values and the market are on edge trying to decide if prices will be pressured down or if the market will establish a […]
Palms Casino Resort brings together an eclectic group of pop culture icons and friends of the resort to break the Las Vegas status quo and usher in a new era for the iconic city. The launch of the Palms’ new campaign, “Unstatus Quo” celebrates a truly transformational, different by design, $690 million renovation that touches virtually every aspect of […]
Real estate investing can be a great way to earn a passive income. You can convert your property to a hotel or resort, and accept guests who’ll pay for their accommodations. With proper maintenance, your property can become the reason why you’ll become financially stable in the long run. Just as how great the rewards […]
Want to take money orders and earn a six-figure salary in real estate? Quickly discover the advice of Mike Ferry, American guru of real estate and learn by heart! A winning mindset, a constant updating of skills, a solid and permanent work program … these are the ingredients of success according to the Ferry Method. […]
Selling a home is not a simple, as there a number of factors come into play when determining a fair price, many of which can be killing the home’s value without the owner realizing it. Here we look at the Key factors the can negatively impact a property’s value, as listed by GOBankingRates, as follows: […]
$PHLX FLASH: US home sales spiked in February to their highest mark in 11 months, a sign that the Fed’s halt in interest rate hikes is starting to boost the US economy. The National Association of Realtors said on Friday existing home sales rose 11.8% to a seasonally adjusted annual rate of 5.51-M units last month. […]
Shayne Heffernan remains bullish on the outlook for China and Chinese Companies “Asia is going to be the centre of the Financial World for the next 100 years” China’s real estate investment increased 11.6 percent year on year in the first two months of this year, the National Bureau of Statistics said Thursday. The growth […]
The Year Ahead by Philip Lowe Governor of the Reserve Bank of Australia Thank you for the opportunity to address the National Press Club. It is an honour to have been invited. The media and the RBA have a special relationship. Most people in the community hear the RBA’s messages through the media. You report […]
Introduction RBA Financial Conditions and the Australian Dollar – Recent Developments Thanks to XE for the opportunity to be here in Melbourne to speak to you. A lot has happened in financial markets globally and in Australia since late last year. I thought it would be helpful to summarise the key developments, including revisions to […]
Increased infrastructure spending could bode well for the UAE economy, finds the latest Q4 edition of Global Economic Conditions (GECS) from the Association of Chartered Certified Accountants (ACCA) and Institute of Management Accountants (IMA). The UAE GECS survey found overall economic confidence higher in Q4, recovering some of the ground lost in Q3. Lindsay Degouve […]
A dream retirement means something different for everyone, but it is often centered around comfortable living, even for active adults on a budget. Knowing how far a dollar will go can help define what becomes an attainable reality. That’s why 55places.com, the number one resource for active adult communities in the United States, identified the […]
Leather riding boots are neatly lined up on a carpet, a picture shows blood-thirsty hounds on a fox hunt and a fountain spews water from the mouths of stone horses. It may have the trappings of upper-class Britain, but this is in fact suburban Shanghai and the County Down Club, the self-styled first exclusive membership […]
Wall Street fell again on Monday while other global stocks mostly fell as a wave of fake news and misleading commentary about economic growth swept over investors. US President Donald Trump lambasted the Federal Reserve again, calling on the central bank not to raise interest rates a day before policymakers are due to meet. Markets […]
Confidence among Japan’s biggest manufacturers was unchanged this quarter after slipping for three consecutive surveys, central bank data showed on Friday. The Bank of Japan’s Tankan report — a quarterly survey of about 10,000 companies — showed a reading of 19 among major manufacturers in its December survey. The reading was unchanged from the previous […]
The Hong Kong Trade Development Council (HKTDC) today published its annual export forecast, saying it expects Hong Kong exports to increase 5% in value and 3% in volume in 2019. Meanwhile, the latest HKTDC Export Index for the fourth quarter of 2018, also published today, edged down slightly on the previous quarter, showing that exporters […]
Brazil’s central bank on Wednesday left its key interest rate at 6.5 percent, in its board’s last meeting before far-right president-elect Jair Bolsonaro takes office on January 1. The rate has been kept at that level since March, after several preceding cuts. Market analysts had expected it to remain untouched. The bank said in a […]
Apart from excessive taxation, senseless levels of immigration and an undercurrent of Socialism, Europeans have more reasons to be concerned. A chapter of eurozone history will come to a close Thursday, with the European Central Bank widely expected to withdraw a key element of support for the economy while reassuring observers fearful of the growing […]
Ambitious plans to position Laguna Lang Co as one of Asia’s most far-reaching integrated resorts are ratcheting up with the official launch of the property’s exclusive Banyan Tree Residences. Unfolding over 280 hectares of prime oceanfront real estate in central Vietnam, the project is already renowned for its two award-winning resorts Banyan Tree and Angsana […]
MBH Corporation plc has today completed its first acquisition after the up-list to the Prime Market of the Dusseldorf Stock Exchange and a dual listing onto the Frankfurt Stock Exchange. MBH Corporation plc is pleased to welcome du Boulay Contracts Ltd to the Construction Services Group of MBH Corporation plc, purchasing 100% of the share […]
US Household Wealth +$2-Trillion in Q-3 Driven by Stocks and Real Estate $SPY The stock market rally since 8 November 2016 drove US household net worth to a record high of $109-T in Q-3 The Fed said Thursday that the value of Americans’ stock and mutual fund holdings soared $1.2T. Home values rose $200-B. Other […]
US Home Mortgage Activity at 2-Month Highs as Loan Costs Fall Interest rates on 30-year, fixed-rate “conforming” mortgages with balances of $453,100 or less, averaged 5.08% last week, US borrowers filed the most home mortgage applications in nearly 2 months as 30-year home loan costs fell to their lowest marks since early October, the Mortgage […]
Australian Dollar: Interest Rates on Hold Australia’s central bank kept interest rates at a record-low on Tuesday as a drop in house prices accelerated as the country stagnates. Borrowing costs have stayed at 1.50 percent since they were last cut in August 2016, when the economy was transitioning away from an unprecedented mining investment boom. […]
The past year has not been too kind for property sellers in the Big Apple as they have had to deal with a lukewarm real estate market for most of 2018. CNBC reported in October that the market had cooled down to levels that hadn’t been seen since 2009. This unprecedented cool down has seen […]
As the winners of the biggest corporate prize in decades — the new Amazon headquarters — relished their victory, debate was still raging over the billions of dollars in incentives offered to attract the fast-growing US technology colossus. The new Amazon “HQ2” with an estimated $5 billion investment creating 50,000 new jobs will be split […]
The Monetary Authority of Singapore (MAS) announced today initiatives to enhance private markets financing channels, including a programme to place up to US$5 billion for management with private equity (PE) and infrastructure fund managers. 2 Mr Peter Ong, MAS Board Member and Chairman of Enterprise Singapore, highlighted the new initiatives at the Global Investor Summit […]
US New Home Sales Fall as Mortgages Rates Rise Sales of new US single-family homes fell to a near 2-year low in September and data for the prior three months was revised lower, the latest indications that rising mortgage rates and higher prices were sapping demand for housing. Though housing accounts for a small share […]
New Tax Breaks Available for Investing in US ‘Opportunity Zones’ The Trump Administration is proposing rules for investors in a new program that it says could have a big impact on economically depressed areas around the country. About 8,700 so-called “opportunity zones” have been set up in all 50 states to lure investors and developers […]
Hurricane Michael’s Damage Could Top $25-B The monster storm made landfall Wednesday in the Florida Panhandle Michael is the 4th-strongest hurricane ever to reach the US Mainland ever. Hurricane Michael will probably end up causing at least $25-B (an perhaps more) in economic losses. About $3-B of that will fall on the federal flood insurance […]
Banyan Tree Samui Lands Spot in Condé Nast’s ‘Best Resorts’ List The New York-based magazine announces its much-coveted Readers’ Choice awards for 2018. Banyan Tree Samui, an 88-villa property overlooking a secluded bay of sapphire waters in the Gulf of Thailand, has been recognized as one of Asia’s top resorts in Condé Nast Traveler’s Readers’ […]
South Africa’s New Apartheid: Seizing Land from White Farmers President Cyril Ramaphosa has embraced the plan to expropriate land from white farmers without compensation and redistribute it to the landless black majority. The South African government has announced it will start a process of briefing American companies based in the country on the theft of […]
The Conference Board Consumer Confidence Index increased in September, following a large improvement in August. The Index now stands at 138.4 (1985=100), up from 134.7 in August. The Present Situation Index improved marginally from 172.8 to 173.1, while the Expectations Index surged from 109.3 last month to 115.3 this month. The monthly Consumer Confidence Survey®, […]
Rising Interest Rates and the Federal Reserve The US economy is cranking out robust figures 10 years after the start of the global financial crisis: strong growth, historically low unemployment, a soaring stock market. But with the good news come rising interest rates as the Federal Reserve — which on Wednesday is expected to raise […]
China is the last bulwark against a deep crisis in emerging economies going fully global, analysts say, although a prolonged trade war could sap Beijing’s defences. Emerging countries — loosely defined as having fast growing but volatile economies — have seen their currencies battered in recent weeks, plunging their finances into turmoil, and raising fears […]
Central Pattana Plc (BKK:CPN) Grand Opening of Central Phuket Central Pattana Plc (CPN), Thailand’s largest retail property developer recently celebrated the Grand Opening of Central Phuket, its world-class luxury flagship mall. Establishing a new ‘CBD’ in the heart of Phuket, the biggest and beautiful island in Thailand. Central Phuket is developed with a total investment […]
Thailand is one of the world’s most renowned holiday destinations, with a wide variety of things to see and do, from culture, religion, food, nature, water, adventure, sports and also relaxing activities. Thailand also growing as a health and wellness destination, with a huge number of healing and detox centres. Muay Thai is rapidly expanding […]
The Next Financial Crisis The world is less well equipped to manage a major financial crisis today than it was a decade ago, according to Dominique Strauss-Kahn, a former chief of the International Monetary Fund (IMF). In an interview with AFP, the now-disgraced Strauss-Kahn — who ran the fund at the height of the 2008 […]
Miami Real Estate News Walker & Dunlop, Inc. announced today that it arranged construction financing in the amount of $138,100,000 for Elysee, a 57-story waterfront condominium tower in Miami’s luxurious Edgewater neighborhood. The project is located on 0.67 acres at 788 Northeast 23rd Street Miami. The financing was arranged by Kevin O’Grady and Eric McGlynn, […]
Millennials’ perceived value in buying a home dropped below 50 percent, down significantly from post-Brexit high, according to the latest ValueInsured quarterly Modern Homebuyer Survey: In the third quarter of 2018, 48 percent of all millennials believe buying a home in America today is a good investment; this is a record low, down from 54 […]
Australia Should Follow New Zealand and Ban Foreign Ownership Australians have been over taxed and severely handicapped financially over the last 30 years, while other countries have encouraged small business, created a citizen friendly financial system and political system. In Australia small business and workers have been treated like the enemy of the state while […]
Nakheel Profit Falls in Dubai Nakheel, a property developer based in Dubai, today announced a net profit of AED2.51 billion for the first six months of 2018. The profit for the same period in 2017 was AED2.61 billion. ”Nakheel handed over 451 units to customers in the first six months of the year. The company’s […]
A UAE delegation, led by Dr. Thani bin Ahmed Al-Zeyoudi, Minister of Climate Change and Environment, on Tuesday concluded an official visit to Australia to promote collaboration on various environmental fronts. During the three-day visit, the delegates attended bilateral meetings with top Australian officials and toured multiple environmental and agricultural facilities in the country. At […]
Glenn Straub: Palm Beach #MeToo Investigation? The billionaire Glenn Straub, 70, president of the Palm Beach Polo & Country Club, Glenn Straub, is already under criminal investigation, according to the Broward State Attorney’s Office and we at LTN will be publishing a series of articles investigating a possible #MeToo link to the Palm Beach identity. […]
The GCC is Seeing a Resurgence in Real Estate $JLL With diversification plans taking shape, 10–year visas on the horizon and Crude Oil prices holding firm, investor sentiment has increased again in the GCC’s property market The resilience of the GCC’s real estate market has proven itself yet again this year, having weathered several stifling […]
Florida’s housing market reported rising median prices, fewer days to contract and a continuing tight supply of inventory in June, according to the latest housing data released by Florida Realtors®. “Florida is still experiencing a shortfall in for-sale homes in many local housing markets and that continues to put upward pressure on median prices,” said […]