Property developer DoubleDragon Corp. embarked on a global expansion of its hotel business with the acquisition of 9,000 square meters …
Hot Property: Not just witchy lore in Salem
A vision of prominent Salem resident Bunkio Matsuki, the late-1800s home known colloquially as the “Japanese House” brings a one-of-kind architectural amalgamation that combines nods to Japanese …
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 …
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.
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 …