China Resources Land Limited is an investment holding company mainly engaged in the development of properties for sale. Along with subsidiaries, the Company operates its business through four segments: The Development Properties for Sale segment, the Property Investment and Management segment, the Hotel Operations segment, the Construction, Decoration Service and Others segment. The Company’s investment […]
BP (NYSE:BP) said it has discovered 2 new oilfields in the Gulf of Mexico and has identified an additional billion barrels of Crude Oil at an existing field thanks to new seismic technology. The British company recently turned a corner following the deadly Y 2010 Deepwater Horizon spill Tuesday announced plans to expand production at […]
F1: Ferrari (NYSE:RACE) Returned to Form at US Grand Prix $RACE Ferrari’s F1 Racecar: The Technical’s Ferrari’s return to form at the US Grand Prix after a period in irons may have come too late to save Sebastian Vettel’s title campaign, but the removal of recent updates at least showed the team where the problem […]
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 […]
China Seeks a ‘Peaceful Path’ to Resolve Trade Issues Friday, China warned that its critical relationship with the United States could break “like a glass,” and used the most global of stages to warn The Trump Administration it will not be pushed around on trade. Foreign Minister Wang Yi insisted that his country “will not […]
Must Visit Museum Exibitions for Ferrari Lovers $RACE FERRARI MUSEUM of MARANELLO: “UNDER THE SKIN” The “Under the Skin” exhibition, created in partnership with the London Design Museum, recounts the creative and engineering of Ferrari down the years through a series of exceptional cars beginning with a factory replica of 125S, Ferrari’s 1st car. Some technical […]
NKorea’s Economy is the Focus Now President Kim shifts to Economy, ditches Nuclear testing President Kim Jong Un’s suspension of NKorean nuclear tests has economic focus. Kim’s statement at a ruling party meeting Friday includes a pledge to seek a “favorable” international environment for economic development so that he can put the economy “on an […]
Ferrari’s (NYSE:RACE) F1 Budget Tops $570-M $RACE Ferrari (NYSE:RACE) is F1 auto racing’s most famous team and as such has the biggest racing budget. But, in the Maranello outfit’s latest financial statements contain the revelation that its research and development costs are actually reversing. In the past Ferrari’s finances were private. This started to change in […]
Bangkok’s Newest Luxury Landmark: Magnolias Ratchadamri Magnolias Ratchadamri Boulevard is the latest Super-luxury development that has risen in Bangkok, Thailand. The 60-story high-rise mixed-use development sits on 9,600 sqm of prime real-estate on Ratchaprasong Road, comprising luxury residences and the 5-Star Waldorf Astoria Bangkok, the 1st Waldorf Astoria in South East Asia. To elevate the […]
Focus China: What to Expect During the Next 5 Years The eyes of the world turn to China as the Communist Party of China (CPC) hold its 19th National Congress, where the CPC unveil new leadership and set the course for national development for the next 5 years and beyond. Shayne and I believe that […]
La Mer, Meraas’ New Dubai Beachfront Project Opens Located at Jumeira 1, the development will feature retail and entertainment facilities. Dubai developer Meraas has confirmed that its beachfront development La Mer opened its 1st phase to the public on 15 October. Located at the Jumeira 1 – between Pearl Jumeira and Jumeira Bay, the development […]
China To Post the FDI ‘Negative’ List Soon China will roll out a negative list for foreign investment, which has been tested in pilot FTZ’s (free-trade zones). The negative list model, which states the sectors and businesses that are off limits to foreign investment, will be adopted nationwide as early as Y 2018. “Introduction of […]
BRICS Set To Play its Role in Global Governance The 9th BRICS Summit in Xiamen opens in early September when the organization’s role in global governance, a faltering economic recovery and setbacks in globalization will be the issues of greatest concern. “BRICS: stronger partnership for a brighter future” will bring together the leaders of Brazil, Russia, […]
Emaar to List UAE Real Estate Development Business in Dubai The developer will list 30% of its UAE real Estate Development business Dubai developer Emaar has announced plans to list 30% of its UAE real Estate Development business on the Dubai Financial Market (DFM). The funds raised through the sale of equity will be primarily […]
Fathers that Spend Time with Infants Boost Babies IQ’s If you are a new Father, spending plenty of time with your baby could boost his or her mental development, a new study suggests. British researchers looked at how 128 fathers interacted with their infants at 3 months of age. When the kids turned 2, the […]
Watch as China Moves in on the Trump Weakened European Union Chinese Premier Li Keqiang’s upcoming visit to Germany and Belgium will enhance diplomatic relations with the 2 countries, and further benefit Europe. Li’s visit is among the increased high-level exchanges between China and Europe in recent years as the 2 sides are cementing ever-closer […]
Thailand Hotel Real Estate News: Park Hyatt Park Hyatt Bangkok opened its doors today, marking the first Park Hyatt hotel in Thailand. The hotel is centrally located in the heart of the Thai capital’s central business district. Park Hyatt Bangkok features contemporary architecture matched by luxurious residential interiors, expertly curated art, world-class food and wine, […]
F1 Teams Debut Early Race Car Upgrades $RACE The Spanish GP is the annual stage for the 1st battle in the Top teams’ Development Wars World champion MercedesAMG, stung by their defeats to Ferrari (NYSE:RACE) in Australia and Bahrain, this week delivered an extensively upgraded W08 racer for Barcelona. The updates include a lighter gearbox and suspension […]
Real Estate: One Bangkok is a Stunning Development A once-in-a-generation development, One Bangkok is a fully integrated district ideally located in prime central Bangkok at the corner of Wireless Road and Rama IV, right next to Lumphini Park, with unsurpassed accessibility through direct connections to the MRT. Starting with a comprehensive master plan and iconic […]
Emaar Completes Foundation of New Tallest Tower in Dubai The Tower at Dubai Creek Harbour is anticipated to be completed by 2020 Monday Dubai developer Emaar announced that it has laid the foundation for the construction of what is slated to become the world’s new tallest building – The Tower at Dubai Creek Harbour. Launched […]
UAE Launches Project to Become “World’s Best” Country The project’s objectives center on education, economy, government development and community cohesion The UAE’s Cabinet has launched the 2071 Centennial project to make the country the best in the world 100 years after its founding. The plan was revealed by is Highness Sheikh Mohammed Bin Rashid Al […]
Dublin, a Future Hub for Financial Firms Fleeing Brexit $BAC, $HSBC, $GS, $MS, $JPM Britain’s plans to leave the EU have a Silver Lining is expanding daily along the banks of the River Liffey, a likely post-Brexit refuge for London’s City banking operations. Dublin’s financial district stretches for nearly a mile on both banks of […]
Growth Opportunities for Hong Kong in Emerging “Greater Bay Area” Hong Kong will gain new growth momentum with the emergence of the “Guangdong-Hong Kong-Macao Greater Bay Area,” an ambitious central government initiative aimed at boosting development of the Cantonese-speaking region in southern China, local scholars and economic analysts say. In his annual government work report […]
Abu Dhabi Approves Shams Marina, 5-Star Hotel Projects In total the authority approved 24 development projects for Q-4 Abu Dhabi’s Urban Planning Council (UPC) has approved a number of project including the Shams Marina on Al Reem Island and a new 5-Star hotel on Saadiyat Island. In total the authority approved 24 development projects for […]
Dubai Developer ‘Proud’ to Do Business With Trump Organization Damac Properties Dubai Co., which opened a Trump-branded golf course in Dubai last month, said it’s “proud” to be doing business with the Trump Organization. “We’re very proud of that partnership. It adds value to us,” Chief Financial Officer Adil Mohammed Hassan Taqi said in a TV interview […]
China: The Year of the Rooster As Chinese people return to work last Friday, the country has entered a New Year, a year in which focused reform will play a Key role in the country’s development. It’s now the Year of the Rooster, and in Chinese culture the rooster is considered as virtuous and respectful […]
GAWK Appoints Industry Veteran CTO Michael Shader to Oversee Product & Service Development $GAWK Gawk Inc., (OTCPK:GAWK) a cloud-based communications company, today announced the appointment of Michael Shader as chief technology officer (CTO). Mr. Shader is widely regarded as a visionary innovator and brings to Gawk well-established industry credentials as a technology leader. He has […]
Bulgari Resort & Residences to Feature Dubai’s most Expensive Hotel Bulgari’s executive vice president Silvio Ursini said the room rates will be “by far the highest in the market” he upcoming Bulgari Resort and Residences on Dubai’s Jumeira Bay Island will take the crown of the Emirate’s most expensive hotel when it opens later this […]
Donald Trump’s Tax Cuts Could/Will Jump-Start Global Economy US President Elect Donald Trump’s tax cuts and spending plans could deliver a strong shot in the arm to the US economy, lifting growth around the world, although uncertainty about his trade policies adds to the risks, that according to the World Bank (WB). The Trump Admin […]
Iran is open for business, what does it mean for GCC companies? In January this year, senior diplomats from around the world formally announced the lifting of sanctions against Iran. In principle this put a definitive end to 37 years of various degrees of sanctions imposed on the country. Boardrooms of global Fortune 500 companies […]
China’s High Earning Consumers Raidly Expanding China’s pool of high-earning consumers is set to surge in the next 15 years, their household spending growing to be greater than the EU’s current level, a report showed. The number of people earning more than $10,000 per year is expected to grow to around 480-M by Y 2030, […]
“UAE’s Economy has doubled in the last 10 years,”– Sheikh Mohammed The non-Crude Oil sector’s contribution to the UAE’s GDP now stands at 77% The UAE’s economy has doubled in the past 10 years, from a GDP of Dhs663-B to Dhs1.360-B,the country’s Vice President and Prime Minister Sheikh Mohammed bin Rashid Al Maktoum confirmed at […]
The Eurasian Century Is Now Unstoppable I recently returned from a fascinating 2 week speaking tour in China. The occasion was the international premier of my newest book, One Belt, One Road–China and the New Eurasian Century. In the course of my visit I was invited by China’s Northwest University in Xi’an to give […]
Dubai, Sheikh Mohammed Unveils UAE Strategy for the Future Under the strategy future prototypes for sectors including healthcare, education, social development and the environment will be developed UAE Vice President and Prime Minister of the UAE and Ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum has launched the UAE Strategy for the Future, designed […]
Belt and Road Initiative Showing Positive Results Trade between China and the Belt and Road countries exceeded US$600-B, 26% of China’s total foreign trade volume, during the 1st 8 months of Y 2016, said Fang Aiqin, deputy head of the Ministry of Commerce. Fang was speaking at a seminar on the Belt and Road Initiative […]
The US Economy is Not Recovering Despite US media’s trumpeting the Obama Admin’s numbers lauding the so-called “recovering” US economy, a new Gallup report said that is not true. There is a Big Problem: The deaths of small businesses under the Obama Administration outnumbered their births. That is because there has been much long-term degradation […]
ADB backs China’s “Belt and Road Initiative” in Central Asia The Asian Development Bank (ADB) supports China’s Belt and Road initiative in Central Asia, as both sides have the common goal to promote regional cooperation and integration. Zhang Wencai, ADB Vice President for Central and West Asia and South Asia Operations, made the remark during […]
Disney’s (NYSE:DIS) Star Wars Land Prompts $6-B In Development $DIS Four new luxury hotels are planned, a larger Convention Center, plus updated infrastructure is tied to the planned ‘Star Wars’ Land. Anaheim, California real estate developer-friendly and $6-B in recent investment, much of which is derived from Disney’s upcoming Stars Wars Land. The $6-B includes […]
Chinese Vice Premier Zhang Gaoli met with leaders from member states of the Association of Southeast Asian Nations (ASEAN) in southwest China’s Nanning City Saturday, calling for stronger ties between China and ASEAN. The foreign dignitaries include Cambodian Prime Minister Hun Sen, Vietnamese Prime Minister Nguyen Xuan Phuc, Myanmar’s Vice President U Myint Swe, Lao […]
GAWK MARKEDLY EXPANDS INTERNATIONAL SALES FORCE Los Angeles, August 30, 2016 — GAWK Inc. (OTC PINK: GAWK) CEO Scott Kettle announced today that the Company has initiated a new global distribution channel for the Company’s telecom services of wholly owned subsidiary, Connexum, with Telcorp International, with over 5,000 agents, representing more than 100 carriers nationally […]
Chinese Companies Taping ASEAN Market As more and more Chinese companies tap into the burgeoning Southeast Asian market, expert and company officials expect localization to be a Key aspect to boost industrial capacity cooperation between China and members of the Association of Southeast Asian Nations (ASEAN). The long-time friendly ties and close neighborhood provide China […]
G-20 Summit Should Champion Innovation and Development The coming Group of 20 (G-20) Summit of the world’s leading economies should champion innovation and greater integration as a means of achieving sustainable economic development. In the lead up to the 4-5 September summit in Hangzhou, China, Argentina’s President Marci spoke about what’s on the agenda of […]
Jodi Carrier, New Vice President of Business Development at GAWK $GAWK Los Angeles, CA–August 23, 2016 – GAWK Inc. (OTC PINK: GAWK) CEO Scott Kettle announced today that the Company has hired Jodi Carrier as Vice President, Business Development, for GAWK. “Jodi, long a progressive influence in the telecommunications industry, was retained to address the […]
Prince Alwaleed, Steve Ballmer Rumored to be Mulling Twitter Buyout $TWTR Rumors this week of a buyout boosted Twitter’s share prices Social microblogging site Twitter saw its share prices rise by around 8% Wednesday following rumors of a takeover by former Microsoft CEO Steve Ballmer and Saudi Prince Alwaleed bin Talal. Mr. Ballmer announced in October […]
China Focuses on Petrochemical Industry Development China has determined that must shut down outmoded facilities, consolidate production and reduce pollution to increase the competitiveness of its petrochemical industry, according to a government guideline issued Wednesday. The energy sector’s industrial development is hindered by overcapacity along with security and environmental constraints, according to the guideline issued […]
BRICS Bank the Key to Breaking Stranglehold of USD The New Development Bank (NDB) set up by the BRICS countries, Brazil, Russia, India, China and South Africa, will help break the stranglehold of the USD on global trade, a Brazilian expert said Saturday. “The establishment of the NDB is part of a desire to help […]
Testing Being Done to Check Safety of Emaar’s New ‘Tallest’ Dubai Tower When ready, The Tower at Dubai Creek Harbour will be 100 metres taller than the Burj Khalifa Dubai developer Emaar Properties has completed advanced wind tunnel tests to check the structural strength and durability of its new upcoming super-tall tower in Dubai, it […]
China’s Entrepreneurs Reluctant to Invest in Restructuring Economy China is expected boost public investment to offset the effect of very cautions private capital investment, which has been discouraged by uncertainty during the ongoing economic restructuring. “Given the slowdown, the government should begin to invest more, partly through special construction funds, to stimulate investment and stabilize […]
China Confident of Accomplishing Economic Development Targets The performance of the Chinese economy in 1-H of Y 2016 was steady and in line with expectations, and China is confident of achieving its Key full-year development targets, Chinese Premier Li Keqiang said Friday. “New economy is vibrant, new business forms are booming, and new growth momentum […]
F1: Ferrari’s (NYSE:RACE) SF16-H is a “difficult: car, says CEO Sergio Marchionne Ferrari’s boss wants immediate results, despite doubts over 2016 car, he says there were “results that didn’t match up to our expectations” A typically demanding Sergio Marchionne says Ferrari needs results now, despite admitting the new F1 racer being “difficult car”. Tipped to […]
China Led AIIB, a New Multi-National Development Bank Meeting Expections Details of the operation and philosophy of the Asian Infrastructure Investment Bank (AIIB) show that it is meeting expectations to lead development cooperation as a new type of multilateral financial institution. Addressing the AIIB Board of Governors Saturday, the bank’s President Jin Liqun said that […]
China Expands Opportunities for College Graduates Stable economic growth, continued progress in structural reform, and policies supportive of entrepreneurship and employment generation offer new opportunities for college graduates. A survey conducted by education research company MyCOS Institute, released Sunday, showed that the employment rate of college graduates in Y 2015 was 91.7%, in line with […]
Torrential Rains, Heavy Flash Flooding in Central US LLoyds of London calls for end to US home building in High Risk areas Torrential rains caused heavy flash flooding in some parts of the US over the last few days, and led to numerous evacuations in southeast Texas, and Kansas. But the threat of severe weather […]
Water Homes is Part of Dubai Mega Project The project, called Marasi Business Bay, will be developed by Dubai Properties State-owned conglomerate Dubai Holding has announced a new Dhs 1-B project in Business Bay which will be developed by its real estate arm, Dubai Properties Group. Called Marasi Business Bay, the waterfront development will extend […]
Expect China and Japan to Establish Solid Bi-lateral Tie-up Senior Communist Party of China (CPC) official Liu Yunshan Friday hoped that Japan could have a correct view of China’s development and send out positive signals on bi-lateral ties. Liu, a member of the Standing Committee of the Political Bureau of the CPC Central Committee, made […]
Emaar Hospitality Plans 35 New Hotels and Residences Dubai property giant to add 14 hotels and 11 serviced apartments to portfolio Dubai property developer Emaar’s hospitality unit has unveiled plans to launch 35 new hotels and serviced residences under its Address, VIda and Rove brands. Under the plans, the company will add 14 new hotels […]
Luxury Condominium Properties Now Coming With Private Jets Not too long ago, rooftop pools, gyms and golf simulation rooms were amenities that helped sell a high-end condominium, no longer. As the luxury housing market expanded after the Y 2008 financial crisis, developers expanded the luxuries with screening rooms, wine cellars, and concierges. Now comes a new development […]