Page 7 - வெளிநாட்டு முதலீடு விமர்சனம் பலகை News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Fatten up the calves, super funds are ready to deal
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ACCC to cast eagle eye over Sydney Airport bid
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The Philippine Economic Zone Authority (PEZA) plans to expand economic zones in Metro Manila once they receive clarification from the Office of the President and other government bodies on whether the development of economic zones is already allowed.
As mandated in Administrative Order 18 issued by President Rodrigo Duterte in 2019, PEZA was directed to stop accepting, processing, or evaluating applications for the creation of ecozones in Metro Manila. This was done in an effort to spur economic growth in provincial areas.
However, the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act which was recently passed into law in April this year allows the development of certain eligible projects in Metro Manila.
The survey of 2,000 people, weighted according by age and gender, was conducted between March and April 2021.
Data compiled by the National Australia Bank shows foreign investors made up only 3.7% of new home sales and 2.2% of established homes in the March quarter.
“These statistics on foreign investment are for total foreign buyers – including the UK, the US and Canada – so presumably Chinese foreign investment would be even less,” Owen said.
Owen said foreign investment had been trending downwards since 2014.
“The overarching story is that the numbers [of foreign investors] are not significant enough to contribute to most of the housing price increases we have seen. The current upswing is a function of low interest rates, high levels of owner-occupier demand, and relatively low levels of supply.
Securing data to protect Australia s critical infrastructure
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