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Zambia Joins $150B Sukuk Market with Eden Villas' $3 Million Real Estate Issuance
Zambian developer Eden Villas Properties is set to issue the country's inaugural Sukuk, aiming to raise $3 million. Sukuk, or Islamic bonds,
May 20, 2024


Luxury Home Sales Plunge 50% in Singapore So Far in 2024
Singapore's luxury home sales have plunged by 50% in the first quarter of 2024, significantly impacted by cooling measures, increased intere
May 20, 2024


Milei’s Historic “Pacto de Mayo” to Revive Argentina’s Economy and Real Estate Market
In a historic move, Argentina's President Javier Milei is set to sign the "Pacto de Mayo" on May 25, a significant date in the country's his
May 20, 2024


Mexico's Labor Woes and Lack of Investment Hamper Toyota's North American Production
A recent report by Reuters indicated that Toyota halted production for 19 days in February and March at one of its Mexican production facili
May 20, 2024


Thailand Targets Chinese Steel Dumping Representing 70% of Domestic Consumption
Thailand's Ministry of Commerce is contemplating broadening current anti-dumping measures against Chinese hot-rolled coil steel, which makes
May 18, 2024


The Global Tremors From China’s Real Estate Crisis Are Only Just Starting
Chinese investors are selling real estate assets globally to raise cash amidst a deepening property crisis at home, potentially revealing...
May 18, 2024


Purina Boosting Investment in Guanajuato Adding 94 Jobs to 600 Already Employed in Mexican Facility
Nestlé Purina invests $221M in Mexico, its top Latin American market, expanding its pet food plant in Silao to become the largest in the reg
May 18, 2024


China's BYD Postpones Chile Lithium Ambitions as U.S.'s Albemarle Gets 240,000 Metric Tons Lithium Quota Boost
Chile's CORFO has agreed to increase Albemarle's lithium production quota by 240,000 metric tons of lithium metal equivalent (LME), nearly 5
May 17, 2024


Lululemon Mexico Acquired By Vancouver-Based Parent
Lululemon Athletica is acquiring its franchisee, Lululemon Mexico, which operates 15 stores since entering Mexico in 2017. Despite alleged s
May 17, 2024


Record-Breaking 32 Million Pounds of Colombian Avocados Shipped to the U.S. in 2023
Colombia's avocado industry soared in 2023 with a 104% increase in U.S. shipments, totaling 32 million pounds. Projections for 2024 anticipa
May 17, 2024


Coworking Works in Africa According to AfricaWorks Founder
AfricaWorks, a leading coworking space provider, operates in eight African cities and is set to launch in Johannesburg, further contributing
May 16, 2024


With China’s Property Market Struggling, India, Korea and Vietnam Are Hot
China's commercial property market is slumping due to a combination of companies pursuing a "China-plus-one" strategy to mitigate geopolitic
May 15, 2024


Lobito Corridor's Road Network in Angola Set To Receive €381.5 Upgrade
The U.S.-Africa Business Summit in Dallas, Texas, announced a €381.5 million investment to upgrade Angola's road network, focusing on the Lo
May 15, 2024


Colombia Plans $20 Billion Rail Corridor as Panama Canal Alternative Through the Darién Gap
The Turbo-Cupica corridor aims to revitalize Colombia's railway infrastructure, offering an alternative to the Panama Canal. With a $19.4 bi
May 13, 2024


Panama's Non-Action to Secure Darien Gap Frustrates Mexico's Nearshoring Ambitions
The Darien Gap, a remote jungle between Panama and Colombia, is a dangerous route for migrants seeking to cross into the US. In 2023, 520,00
May 13, 2024


Hyosung's $2 Billion Vietnam Investment Plan to Include a Data Center
Hyosung Corporation plans to invest $2 billion in Vietnam, including a data center in Ho Chi Minh City, expanding its presence in...
May 13, 2024


African Copper Powerhouses Set to Meet Growing Global Copper Demand
The leading copper producers globally in 2023 were Chile, Peru, the DRC, China, and the United States, together accounting for 59% of worldw
May 12, 2024


Singapore Surpasses Thailand, Accumulates 236.60 Metric Tons of Gold Reserves in Q1 2024
In Q1 2024, Singapore surpassed Thailand as the Southeast Asian nation with the largest gold reserves, with a total of 236.60 metric tons. S
May 11, 2024


SMIC's Profits Tumble 68.9% in 2024 Marking a Rough Patch for China's Semiconductor Giant
SMIC, China's largest semiconductor manufacturer, faces intense competition and declining profits, with a significant 68.9% drop in net inco
May 10, 2024


Philippines calls for expelling Chinese diplomats as South China Sea row escalates
The disputes took a sharp diplomatic turn in 2024 when the Philippines' national security adviser accused Chinese diplomats of orchestrating
May 10, 2024
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