Vietnam Emerges as Key Player in US Economic Diversification Strategy
President Joe Biden’s visit to Vietnam marks a pivotal moment in the strengthening of economic bonds between the United States and Hanoi. This strategic move aims to reduce America’s dependence on China and signifies a significant diplomatic shift, according to CNN News on 11 September 2023. The two former adversaries have formally upgraded their diplomatic […]
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Unlocking Success in Cambodia’s Retail Market: CBRE Panel Explores Repositioning, Refilling & Repurposing
CBRE Cambodia hosted a thought-provoking panel discussion on 4 September 2023, aimed at shedding light on the dynamic Cambodian retail market. Real estate experts gathered to delve into the sector’s potential and its current status, providing valuable insights for industry players. Reflecting the Cambodian Retail Market The focal point of this workshop was the expert […]
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New Thai PM Unveils Bold Plan: Thailand to Welcome Chinese 30 Million Visitors
Immediately after taking office, Thailand’s new prime minister unveiled a strategic plan aimed at attracting 30 million international tourists by the end of the year. The launch of the Thai economic recovery plan came on 25 August after he stressed the important role of tourism in the country’s short-term economic recovery, according to channelnewsasia on […]
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Three Catalysts for Potential Growth of Asian Stocks in H2 2023
As the global stock market maintains a “neutral” stance, propelled by the resilience of labor markets and the services sector, analysts find themselves in a cautious but optimistic stance. While uncertainties persist, and a definitive macroeconomic trend remains elusive, experts foresee three potential catalysts that could invigorate Asian stocks in the latter half of 2023, […]
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Zombification of China Property Crisis: A Case Study of Evergrande’s Bankruptcy
Amidst the labyrinthine landscape of China’s property market, a distressing trend is emerging, encapsulated by the term ‘zombification’. This phenomenon, characterized by stalled construction projects due to insurmountable financial constraints, is casting a pall over the industry. A closer examination reveals the intricate web of challenges facing property developers, with the predicament rippling out to […]
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Phu Quoc Island’s Property Supply Outpaces Tourist Demand as 17,600 Beachfront Properties See Occupancy Rate Below 30%
Phu Quoc Island, a gem of natural beauty and tourism allure, finds itself at a real estate sector crossroads. As of June 2023, over 17,600 beachfront properties, constituting 24% of the total supply remained unsold. The languishing unsold beachfront villas, shophouses, and condotels, present a clear picture of oversupply in the market. This burgeoning supply […]
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Chinese Real Estate Turmoil: Private Companies Show Declines as State-Backed Shares Rise
China’s property sector experienced a tumultuous start to the week as prominent developer Country Garden Holdings plummeted to a record low, triggering a chain reaction of declining property shares. The crisis unfolded on Monday 14 August, causing Country Garden’s stock to nosedive by 18.4% to HKD 0.80, echoing the company’s weekend announcement of suspending trading […]
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Political Impasse Casts Shadows on Thailand’s Property Landscape, While Investors Yearn for New Policy Measures
Thailand’s property market finds itself at a crossroads as the nation grapples with a political impasse, leaving its real estate sector in a state of cautious anticipation. With an eye on the new government, industry stakeholders are yearning for policy measures to stimulate the market, particularly in the wake of the previous government’s fee reductions […]
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Shifts in Cambodia’s Property Landscape: Condos Take Lead as Housing Market Adjusts in H1 2023, NBC
The real estate dynamics in Cambodia are undergoing a significant transformation, with the first half of 2023 revealing intriguing trends. According to the inaugural semi-annual report released by the National Bank of Cambodia earlier this week, while sales of flat houses, single villas, and twin villas experienced a decline of 64.7%, the condominium market has […]
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Mortgage Loans Surpass US$6.6 Billion Milestone by June 2023
Cambodia’s real estate landscape is experiencing an impressive resurgence as mortgage loans from banks surged beyond the US$6.6 billion mark by June 2023, marking a substantial growth of 17.5% when compared to the corresponding period in the previous year. A recent report released by the National Bank of Cambodia on Monday 31 July unveiled the […]
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