US Govt stop projects from outsourcing to India
Asia Sentinel- 11 July 2012 American election-year politics has begun to play an ominous role in the offshoring business, with the sector in India jolted by news that the US government has instituted mandatory no-offshoring clauses on two major projects amounting to US$320 million and US$400 million respectively. The decision...
Despite rising crime, S’poreans don’t regret buying Johor properties
Malaysia Chronicle- 10 July 2012 Despite news of Singaporeans being victims of crime in Johor, more are snapping up houses for less than half of what they would cost here. Even a daily commute to work or faraway schools is not a deterrent - as long as they go home to a mansion. The lure of living large for less has drawn more...
Russia attracts casinos with more lucrative terms than SG and Macau
Vladivostok casino zone offering near zero tax rate Vladivostok First phase scheduled for 2016 completion Up to 12 casino-resorts anticipated for region Revenues forecast at $2 billion to $7 billion (Reuters, 12 Jul) - A Russian territory hoping to lure global casino titans to set up large-scale resorts has unveiled initial...
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