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Singapore frees listed local developers from home-sale rule

Bloomberg Singapore home builders will have one less restriction to worry about after changes to the rules under which some real estate firms operating in the city-state sell apartments. Publicly listed housing developers with a “substantial connection to Singapore” will be allowed an exemption from the Qualifying Certificate regime, according to a statement from the Ministry of Law and Singapore ...

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India, Sri Lanka discuss ways to fight terrorism, boost trade

Bloomberg India and Sri Lanka agreed on Saturday to strengthen cooperation to combat terrorism and boost trade and investment. “India has been a trusted partner in Sri Lanka’s development,” Prime Minister Narendra Modi said a joint briefing after meeting Sri Lankan Prime Minister Mahinda Rajapaksa in New Delhi. New lines of credits announced in November will deepen development and cooperation, ...

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VW postpones restart of China production

Bloomberg Volkswagen AG has postponed the resumption of production at its China joint ventures, in the latest sign of the coronavirus’s impact on economic activity. The carmaker cited limited travel options for its employees and said in a statement that its own supply chains were in the early stages of re-starting after production stopped for national holidays at the end ...

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