US dollar hits record low against the pound
The US dollar tumbled against major currencies on Thursday, hitting a 26-year low against sterling and a record low against the euro as expectations grew for more interest rate cuts from the U.S. Federal Reserve. At one point, the pound rose as high as $2.1145, before falling back slightly to $
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Investment property in India - Mumbai and Delhi tipped by experts
Domestic and foreign demand for property in India has surged alongside rapid economic growth during the last couple of years. Following a decade of stagnation in property prices, the real estate sector has been experiencing an unprecedented boom since 2005, with prices rising by over 50% on an an
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Huge increase in foreign investment in Cape Verde
Cape Verde is expecting to approve Foreign Direct Investment (FDI) projects to the value of 600 million euros this year, representing more than half of the islands’ GDP, government officials have said.
Victor Fidalgo, head of Cape Verde’s CVI state investments agency, told Portuguese news age
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Pound hits high against US Dollar
The pound hit its highest level against the dollar for more than a quarter of a century today (April 18, 2007), crashing through $2 barrier after UK inflation rose to 3.1% in March. The rise is the strongest since June 1981, when it hit $2.013.
While this is bad news for UK homeown
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Panama votes yes to Canal investment
Voters in Panama overwhelmingly approved the largest modernisation plan in the 92-year history of the Panama Canal, backing a $5.2 billion expansion that will allow the world's largest ships to squeeze through the shortcut between the Pacific and Atlantic.
In a nationwide referendum, Pana
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Panama property news - Los Faros de Panama
The Los Faros de Panama development (The Lighthouses of Panama) was launched on October 6th in Panama City.
The complex will consist of three towers rising high above Panama City and will provide residents with spectacular views across the Pacific Ocean and Panama Canal.
R
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Mortgages now available in Turkey
Foreign nationals wishing to purchase a holiday home in Turkey are now able, subject to approval, to obtain a mortgage on property in Turkey.
Interest rates are fixed with options currently available in 1, 3 and 5 years and a maximum term of 20 years. The scheme will be based on affordab
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Direct flights to Cape Verde
Direct flights from Gatwick and Manchester to the Cape Verde islands will commence in November 2006.
The weekly flights will depart for Cape Verde each Thursday and will fly into Sal Island.
The charter service is being opertated by Astreus Airlines and the cost for a return fligh
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Mexican president launches new development in Campeche
In front of 200 visiting European investors and journalists Mexican president Vicente Fox launched the Campeche Playa, golf, marina and spa re
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Malaysia looking to reduce REIT tax for foreign investors
Malaysia is to consider cutting or abolishing its 28% tax on property trusts, imposed on investors based outside the country, to become more regionally competitive, said a Securities Commission (SC) official.
“Singapore is down to 10%, but we are still at 28%,'' SC issues
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