In Saudi Arabia, non-resident individuals cannot own property directly. They must establish a local corporation to do so. In this case, both corporate and individual tax rates would apply similarly, …
The tea workers’ movement and the need for land reform in Bangladesh
The tea workers’ movement against the seizure of land should not be viewed solely as an issue for tea workers. Land reform for Bangladeshi rural poor is long overdue …
Georgia homeowner arrested after trying to move back into her house inhabited by squatter
A Georgie homeowner ended up in jail this month after she attempted to move back into her own home, according to reports, which was inhabited by a squatter.
Kuwait explores legal solutions for individuals with revoked citizenship
According to informed sources, the main topic of discussion was how to address those whose citizenship has been revoked according to the regulations and laws. The focus was on determining the …
Singapore invokes fake news law against Bloomberg, 3 others over bungalow sales article
The law ministry says the false statements in the Bloomberg article ‘attack the transparency of property transactions in Singapore’.
Bloomberg issued correction directions over article on S’pore property deals
Bloomberg has been issued correction directions under Singapore’s fake news law following a recent article on good class bungalow (GCB) transactions in the island state. The Edge Singapore, The …
What MinLaw didn’t POFMA: Revealing insights Into Singapore’s luxury property market
While Bloomberg and other media outlets were POFMAed for their report on GCB transactions, what MinLaw didn’t POFMA reveals intriguing insights: nearly half of GCB deals lacked caveats in 2024, buyers …
Bloomberg issued Pofma order over article on good class bungalow transactions in Singapore
News organisation Bloomberg has been issued correction directions under the fake news law following its Dec 12 article on good class bungalow (GCB) transactions in Singapore.
Corrections regarding false statements of fact by Bloomberg L.P., The Edge Singapore, The Independent Singapore, and The Online Citizen
There are no publicly available government records of GCB sale transactions if caveats are not lodged.
Korean Lenders to Clean Up Bulk of Property Loans Amid Turmoil
South Korea’s financial market regulator is increasing pressure on lenders to clean up troubled real estate loans as the nation’s political turmoil hurts economic growth. Korean financial institutions …