New York CNN — Canada in 2023 is closing its doors to foreign investors who want to purchase homes. A new Canadian law took effect January 1 that essentially bans foreign buyers from buying residential properties as investments for two years. The law was passed because of a spike in Canadian home prices since the … Read more
Representational image of a residential housing neighborhood in West Vancouver, British Columbia, Canada | Photo Credit: Reuters A ban on foreigners buying residential property in Canada took effect on Sunday, aiming to make more homes available to locals facing a housing crunch. Several exceptions in the act allow individuals such as refugees and permanent residents … Read more
Prison security officials prepare for the release of inmates outside Insein prison in Yangon on November 17, 2022. STR/AFP via Getty Images hide caption toggle caption STR/AFP via Getty Images Prison security officials prepare for the release of inmates outside Insein prison in Yangon on November 17, 2022. STR/AFP via Getty Images BANGKOK — Myanmar’s … Read more
Thailand is walking back a policy that would have allowed limited land ownership by wealthy foreigners, a government official said on Tuesday, after a public backlash against the plan. Earlier this year, the government announced the plan aimed at attracting investment from overseas, limiting foreigners to 1 rai (0.16 hectares) of land if they invest … Read more
Citizens of Russia, China, Iran, Uzbekistan and Norway reported dead in the deadly crush in South Korea The South Korean president has declared a week of nationwide mourning after a deadly stampede during Halloween celebrations in Seoul on Saturday night claimed the lives of over 150 people, including at least 19 foreigners from multiple states. … Read more
(Bloomberg) — Foreign investors are on track to turn sellers of Chinese equities for the first time ever for the year, as concerns about a lack of supportive policies from the Party congress and a renewed Covid Zero push spook markets. Most Read from Bloomberg Overseas investors sold a record net 17.9 billion yuan ($2.5 … Read more
Breadcrumb Trail Links PMN Business Author of the article: Article content (Recasts with information on foreign share in public debt) BRASILIA, Sept 28 (Reuters) – Financial Post Top Stories Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc. By clicking on the sign up button you … Read more
The League Committee of the All India Football Federation (AIFF) on Sunday allowed I-League clubs to register six foreigners, including one Asian, on the match-day squad but permitted only four of them (under the prevailing 3+1 rule) in the playing eleven for this season beginning on October 29. Last season, the I-League clubs were allowed … Read more
Citizens were cautioned against “close relationships” with foreigners after the first case of monkeypox was recorded in China Chinese citizens have been urged not to make skin-to-skin contact with recently arrived foreigners, after the first case of monkeypox was registered in the southwestern Chongqing municipality last week. The warning was issued on Saturday by Wu … Read more
A top Chinese health official warned people against having skin-to-skin contact with foreigners to avoid contracting monkeypox, spurring a backlash among the country’s dwindling expatriate community. China reported its first case of the infectious disease on Friday in Chongqing, a municipality in the southwestern part of the country. The patient has been isolated and the … Read more