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Kaisa says it has creditors’ support as it unveils debt workout plan to avoid liquidation

by Anas Siddiqui
Kaisa says it has creditors’ support as it unveils debt workout plan to avoid liquidation

Kaisa Group has unveiled its long-awaited debt workout plan to avoid a showdown during next month’s liquidation court hearing in Hong Kong, the first time the Shenzhen-based developer is restructuring …

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Hong Kong overtakes Singapore in attracting single family offices: government official

by Anas Siddiqui
Hong Kong overtakes Singapore in attracting single family offices: government official

Hong Kong has drawn more single family offices than Singapore according to a recent tally, after the government unveiled a range of incentives including tax breaks and an investment-migration programme, …

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Naira depreciation ridicules increased budgetary allocation for Nigeria’s foreign missions

by Ron Morgan
Naira depreciation ridicules increased budgetary allocation for Nigeria’s foreign missions

Despite increased budgetary allocation (in naira terms) for Nigeria’s foreign missions, the depreciation of the naira means that Nigerian missions will receive less funding this year than they did in …

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