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Posted on November 14, 2022

Indonesia Oct trade surplus seen at $4.5 bln as global trade weakens- Reuters poll

Indonesia’s trade surplus is seen narrowing slightly in October to $4.5 billion, amid weakening in global trade and moderating commodity prices, a Reuters poll showed on Monday.

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Posted on November 14, 2022

The 5-star hotel in Indonesia that sparked a bloody war against colonialism

Now an art deco monument invoking the grandeur of a bygone age, the five-star Hotel Majapahit in Surabaya, in Indonesia’s East Java province, was the scene of the ‘Flag Incident’ in 1945.

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Posted on November 14, 2022

India has to invest $55 billion p.a. in urban infra to meet needs of growing population: WB report

Report flags marked decline in PPP over the last decade, slow implementation of Centre’s flagship Urban Missions by cities on the ground …

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Posted on November 14, 2022

India needs to increase investment in urban infra by over 300% to meet requirement: World Bank report

According to estimates, 600 million people will be living in cities in India, representing 40% of the population and this is set to put additional pressure on the already stretched urban …

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Posted on November 14, 2022

Municipalities Over-Rely On Property Tax For Financing Activities: RBI

The RBI said that property tax reform and the development of a vibrant municipal bond market may boost the finances of local bodies in India.

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Posted on November 14, 2022

China’s real estate crisis could be over. Property stocks are soaring

Chinese authorities are making their biggest effort yet to end a crisis in the country’s vast real estate sector that has weighed heavily on the economy over the past year.

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Posted on November 13, 2022

Beijing in no rush to send PLA across Taiwan Strait, say Chinese analysts

President Xi has said Beijing will do its utmost to achieve peaceful reunification, but will not rule out the use of force to bring the island under its control.

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Posted on November 13, 2022

Capital Partners buys 16-property portfolio for $249M

Edina-based Capital Partners teamed up with Bahrain-based alternative investment firm Investcorp to buy 16 properties across the Twin Cities for $249 million, the Minneapolis/St. Paul Business Journal …

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Posted on November 13, 2022

BIBF building wins two prestigious awards at International Property Awards

The event was held in Dubai, and attended by leading international participants, experts, and judges with extensive experience in real estate, construction, and engineering. The International Property …

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Posted on November 13, 2022

Nepal cricket captain, Lamichhane, in prison for raping 17-year-old girl

The Kathmandu District Court on Friday remanded suspended national cricket captain Sandeep Lamichhane in custody for raping a 17-year-old girl …

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