Property 

Qatar’s property market faces reality check ahead of World Cup amid oversupply, spat with Gulf neighbours

Qatar’s Doha Tower, a spiked cylinder that glows orange at night, won an award when finished in 2012 amid a Gulf-wide property boom, but today about half of its 46 floors are empty.The office tower, now a familiar part of the capital’s high-rise skyline, has run foul of what real estate brokers, bankers and analysts say is an oversupplied Qatar property market ahead of the 2022 World Cup that mirrors a real estate downturn in the wider Gulf region after a drop in oil prices.Qatar has the added… Source link

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Vietnam 

Bến Tre copra price falls due to oversupply – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News BẾN TRE – The prices of copra in the Cửu Long (Mekong) Delta Province of Bến Tre have dropped sharply in the last few days, worrying growers as Tết (Lunar New Year) draws near. According to Nguyễn Thị Năm, a coconut farmer in Bình Hòa Commune, Giồng Trôm District, normally copra prices increase before Tết due to higher demand for making candies and sweets. But this year, with the traditional holiday less than two weeks away, she could only sell her coconuts for VNĐ26,000…

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Vietnam 

VN could face tra fish oversupply – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HÀ NỘI — The tra fish export sector was probably the most improved industry this year, but rampant production could lead to excess supplies and price drops, according to Việt Dragon Securities Company (VDSC). Many farmers have rushed to breed tra fish after prices increased steadily from the beginning of 2017 due to fingerling and raw materials shortages. The situation may lead to oversupply of raw materials when farms step into the harvest season. The selling price of raw fish for factories could be…

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Vietnam 

Durian prices in HCM City remain high despite oversupply – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

Viet Nam News HCM CITY – For the last few days, the price of off-season durian in the Mekong (Cửu Long) Delta has declined sharply as traders have stopped purchasing the fruit to export to the Chinese market, according to reports in local newspapers. The price of type 1 (best quality) durian on Thanh Bình Islet in Vĩnh Long Province’s Vũng Liêm District, for example, fell by nearly half to VNĐ40,000 (US$1.7). Ripe durians are stacked up at growers’ houses, but few traders are coming to make purchases.…

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