Former IT developer dips into Thai pool villas

Is this a telling sign of an overheated market when everyone has to be in it due to stellar returns which cannot be replicated in other industries? We’d love to hear your views, please leave your comment, below. A founder of former software developer CyberPlanet Interactive Plc plans to launch a 700-million-baht villa project in… Read More Former IT developer dips into Thai pool villas

Vietnam scraps foreign ownership limits in investment push

As the global investment funds slosh capital around the planet, Vietnam looks to take a larger share with one objective being interest and of course subsequent capital flows from MSCI funds. Foreign investors will soon be able to take 100 per cent stakes in big Vietnamese companies as the populous Southeast Asian country seeks to… Read More Vietnam scraps foreign ownership limits in investment push

Greek debt crisis: Banks to stay shut, capital controls imposed

Greek banks are to remain closed and capital controls will be imposed, Prime Minister Alexis Tsipras says. Speaking after the European Central Bank (ECB) said it was not increasing emergency funding to Greek banks, Mr Tsipras said Greek deposits were safe. Greece is due to make a €1.6bn (£1.1bn) payment to the International Monetary Fund… Read More Greek debt crisis: Banks to stay shut, capital controls imposed

Lucrative Resort Living In Lombok

Indonesia is one of Asia’s current property jewels. Despite foreign nationals being prohibited from purchasing freehold property outright, Jakarta is booming on the back of increased industry and economics that are underpinned by the growing middle class, and sunny holiday locations like powerhouse Bali. Thailand and Indonesia have similar ownership structures, but the maturity of… Read More Lucrative Resort Living In Lombok

Alibaba’s Jack Ma Buys $23 Million Property in New York’s Adirondacks

Ma paid just over US$818 per acre. Jack Ma, the Chinese billionaire and co-founder of e-commerce giant Alibaba, has quietly made a new acquisition: a 28,100-acre property boasting trout streams, woodlands and a maple-syrup operation in New York’s Adirondacks. Mr. Ma paid $23 million for the sprawling upstate New York property, which he bought principally… Read More Alibaba’s Jack Ma Buys $23 Million Property in New York’s Adirondacks

China Banks Relax Lending Restrictions Further

SHANGHAI, June 25 (Reuters) – China stocks rose for the third straight day on Thursday as banking heavyweights gained on Beijing’s decision to abolish lenders’ debt-to-loan ratio, and as the central bank moved to increase short-term liquidity. The CSI300 Bank Index climbed 1.4 percent after China said late on Wednesday that it was scrapping rules which currently… Read More China Banks Relax Lending Restrictions Further

UK rents ‘most expensive in Europe’ at time of cheap mortgages

Low interest rates are making mortgages appear cheaper than ever. UK rental costs are the highest in Europe but homeowners are benefiting from cheap mortgages, data suggests. Tenants typically spend 39.1% of their income on rent compared with a European average of 28%, figures from the National Housing Federation suggest. The UK also has the… Read More UK rents ‘most expensive in Europe’ at time of cheap mortgages

Centuria Medical Makati a New Concept Catering for Medical Tourism in Philippines

The prospects of revolutionizing  medical tourism and the outpatient health care industry in the Philippines is the vision of, premium property developer Century Properties Group. Century Properties management team have started turning over units at Centuria Medical Makati at its 28-story outpatient medical-IT facility at Century City in Kalayaan Avenue, Makati. The $70-million medical facility… Read More Centuria Medical Makati a New Concept Catering for Medical Tourism in Philippines