The unexpected departure of Eric Ma cast a shadow over New World’s efforts to turn around its struggling business amid property downturns. Eric Ma, CEO of the Hong Kong billionaire Cheng family’s ...
As distressed Hong Kong builder New World Development Co. gathers more support from banks for its targeted HK$87.5 billion ($11.1 billion) loan refinancing, a key part of the terms shows that it must ...
New World Development, built by the Chengs – one of Hong Kong’s “big four” property dynasties, is now struggling with debt after years under a third-generation heir’s leadership, highlighting the ...
Dr. Chinasa T. Okolo has been selected as a 2026 World Bank Group Africa Fellow, joining the Development Economics Research ...
The World Bank drives early childhood development globally through financing, policy, and partnerships to boost health, learning, and equity.
Feb 21 (Reuters) - Hong Kong-based property developer New World Development (0017.HK), opens new tab said on Friday it expects to swing to a loss of up to HK$6.80 billion ($875.07 million) for the ...
Distressed Hong Kong builder New World Development Co. has secured written commitments from all banks for a HK$87.5 billion ($11.1 billion) loan refinancing, people familiar with the matter said, ...
Risk is all around us, an inherent part of life. And in the world of development, there are also risks, including war, civil disturbance and expropriation. Junaid Kamal Ahmad: When Egypt did in fact ...
Pursuant to General Assembly Resolution 78/261 of 26 February 2024, a “Second World Summit for Social Development” (WSSD2) was launched, to be held in Doha, Qatar on 4 to 6 November 2025[1]. H.E. Mr.
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