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Construction of the much-awaited Jakarta Mass Rapid Transit is expected to begin this month but even before the project breaks ground, there are concerns about the high subsidies needed to make rides affordable. Experts warned commuters will not
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Cosgrave Property Developments reported profits of more than 8m at the end of last year in accounts filed with the Companies Registration Office (CRO). The company is part of the much bigger Cosgrave Group, controlled by brothers Joseph, Peter and
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Bangkok, Thailand: Singapore based property developer, Dalvey Developments Limited, has announced plans to invest one billion baht (US$33 million) into building condominiums in Thailand over the next twelve months. Going forward, the company
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Magnaye said BDA Holiday project, along with the three others, are exempted from payment of the mayor's permit fees, building fees, business sales tax and other fees and charges for three years from start of commercial operations, and exemption from
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Accounts for Cosgrave Property Developments just filed show the firm sitting on accummulated profits of 8.9m and assets of 37.6m. Unlike the bleak message contained in the financial statements of most development companies, the firm remains upbeat. "
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25,000 full-time jobs lost since 2008; apprentice numbers down 50 per cent; and high property prices cruelling the next generation's chance to buy a home. To make matters worse, Queensland holds the unenviable title of having abandoned more projects
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It is seeking to extend maturities on $10.5bn in debts amid a government-backed recapitalisation for the troubled developer and Dubai World, its parent. Around 20 banks attended a meeting at the Atlantis hotel on the Palm Jumeirah, Nakheel's flagship
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Keith James McCoy was jailed for three years in May after being found guilty in the Brisbane District Court of five counts of forgery with intent to defraud. During his trial, the court was told McCoy was a former director of Blueprints Developments,
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Foster's Group, Australia's largest brewer, posted a 4 per cent rise in annual net profit as higher volumes for beer more than offset a slump in wine earnings, but warned that wine markets would remain challenging. Foster's, which makes Beringer,
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Lease's new boss, Steve McCann, is focused on winning government tenders and expects the Federal Government to announce more incentives for home buyers. Mr McCann confirmed a half-year loss of almost $600 million after asset writedowns and charges,
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