KATHMANDU, May 7: Despite positive internal and external economic indicators, the business environment remains stagnant, impacting various sectors including real estate. Despite some policy-related reforms, the anticipated progress in the real estate sector has yet to materialize.
The state announced victory in a multimillion-dollar lawsuit brought by Nevada developer DW Aina Leʻa Development, LLC, surrounding the Villages at Aina Leʻa project in Waikōloa on Feb. 13.
HONG KONG, Jan 29, 2024; Reuters reported that a Hong Kong court on Monday ordered the liquidation of property giant China Evergrande Group fresh blow to confidence in the country's fragile property market as policymakers step up efforts to contain a deepening crisis. Justice Linda Chan decided to liquidate the world's most indebted developer, with more than $300 billion of total liabilities, after noting Evergrande had been unable to offer a concrete restructuring plan more than two years after defaulting on its offshore debt and following several court hearings.