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Category: PROPERTY

Posted on July 4, 2022

Bangladesh sees worst flooding in a century

Flooding has killed dozens in northeast Bangladesh. It’s the worst flooding in over a century for the South Asian nation. Thousands have lost their homes and all their property. Nehemiah with FMI says …

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Posted on July 4, 2022

Indonesia’s Sinar Mas Land To Fund Tech Startups With Living Lab Ventures

Sinar Mas Land, a Singapore-listed property developer controlled by the Widjaja family, has established an investment unit called Living Lab Ventures that aims to fund startups in Indonesia.

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Posted on July 4, 2022

The hotel industry was hit hardest during the pandemic. We should learn from their experiences to devise future strategies

Hotels had to cut their employees and offer discounted prices to retain occupancy during the COVID-19 pandemic. We should learn from their experiences to devise better strategies for the future.

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Posted on July 4, 2022

High risk of rupiah depreciation likely to hurt Indonesia property developers: Moody’s

THE effect of a rupiah depreciation is likely more severe for Indonesian property developers today because the unhedged portion of their US dollar borrowings has increased, said Moody’s Investor …

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Posted on July 4, 2022

Indonesia and UAE reach trade pact

Indonesia and the United Arab Emirates today signed a free trade agreement, strengthening economic ties between Southeast Asia’s largest economy and the major oil-producing Gulf state. The accord, …

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Posted on July 4, 2022

I am an NRI, want to sell ancestral property in India. Income tax rule explained

Whether you are an NRI or an Indian resident, the tax provisions for sale of inherited property are the same. Since the property was acquired in 1961, any profit made on sale of it will be taxed as lo …

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Posted on July 4, 2022

China’s real estate crisis deepens as big Shanghai developer defaults

Another major Chinese developer has defaulted on its debt, dealing a new blow to the ailing real estate sector in the world’s second largest economy.

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Posted on July 4, 2022

India facing ‘possible collapse as a nation’, says Nobel laureate Amartya Sen

India’s leading economist and Nobel laureate Amartya Sen says India is facing a possible collapse as a nation. Addressing an inaugural ceremony of a research center in Kolkata, he said India can not …

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Posted on July 4, 2022

Rising Indian interest to boost Dubai’s residential property market demand

Post-pandemic trend of wealthy resident Indians seeking to shift to relatively safe places is driving a rush to acquire properties in Dubai Rising Indian interest to boost Dubai’s residential property …

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Posted on July 4, 2022

S&T Sector: India needs to science things up

India spends a mere 0.64% of its GDP on science and technology (S&T), the lowest amongst Brics nations. The US, China and South Korea spend 2.73%, 2.4% and 4% of their GDP on S&T, respectively.

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