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In India, dodging taxes is part of the game

(2 Apr) - In a country long defined by its poverty, it's easy now to find India's rich. They're at New Delhi's Emporio mall, where herds of chauffeur-driven Jaguars and Audis disgorge shoppers heading to the Louis Vuitton and Christian Louboutin stores. They're shopping for Lamborghinis in Mumbai. They're putting elevators...

Singapore is 2nd biggest value driver for Las Vegas Sands

MBS (3 Apr) - The Singapore casino gaming market constitutes a little over 20% to Las Vegas Sands’ value making it the second biggest value driver for the company according to our estimates. The highest contribution comes from Macau while Las Vegas strip holds little value for the casino gaming giant. This is surprising for...

Burma sees return of private newspapers – 16 licences granted

Publisher U Win Htay looks at the front page of his new daily, Standard Time (1 Apr) - Private daily newspapers are being sold in Burma for the first time in almost 50 years, as a state monopoly ends. Sixteen papers have so far been granted licences, although only four were ready to publish on Monday. This is another important...