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.
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.
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 …
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, …
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 …
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.
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 …
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 …
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.
Israel cautions India on Intellectual Property related issues while committing to ‘share’ tech and knowhow for ‘Make in India’ success
Israel’s Ambassador to India Naor Gilon, at an event at the Israeli Ministry of Foreign Affairs, said that he got three serious complaints from Israeli companies about IP problems in India …