Microchip Honored with Best of Show Award at Flash Memory Summit 2019

Microchip Joins Responsible Business Alliance (RBA) – the Global Industry Coalition Dedicated to Corporate Social Responsibility

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ADB projects in Nepal are strengthening the nation's electricity transmission system while improving people's lives at the grassroots level.

Kolkata and ADB are working systematically to update the city’s ancient urban systems after years of piecemeal approaches

Proyek perbaikan kawasan kumuh: 670 ribu keluarga di Indonesia nikmati manfaat dari perbaikan akses air dan sanitasi.

ADB pilot project with the Philippines’ Cantilan Bank tests cloud-based banking.

From clean power to port infrastructure, the Asian Development Fund is transforming the Pacific.

A major focus of the Phuentsholing Township Development Project is to provide a safer space in which the town can grow by helping develop a new urban center with raised ground levels in an area sheltered by the embankments.

The Strengthening Technical and Vocational Education and Training Project took on some of the obstacles to creating a place for women in the so-called blue-collar occupations.

ADB's $5 million HIV/AIDS prevention project for the Greater Mekong Subregion helped the Lao PDR and Viet Nam reach high risk and vulnerable people in border region economic corridors.

The Health Sector Development Program, supported by the ADF facility and additional ADF grant funding for a total of $20 million, is improving primary health care delivery and information systems in Bhutan.

Ensuring food is safe to eat is a public good. People’s health depends on it, and so does the health of economies.

Thanks to investment from Australia and ADB, a new clean water plant in Ebeye, in the north-west corner of the Marshall Islands, is changing lives.

The ADF-assisted Greater Mekong Subregion (GMS) Tourism Infrastructure for Inclusive Growth Project, has spurred a sharp rise in homestay and other tourism-based businesses in the southern part of Champasak Province, Lao PDR.

The influx of more than 700,000 people from Myanmar’s Rakhine State into Cox’s Bazar District in neighboring Bangladesh in August 2017 created a humanitarian crisis. Joining concerted international efforts, ADB quickly mobilized ADF grant funding of $100 million to help ensure this emergency situation did not escalate further.

The Second Investment Climate Improvement Program has included help for the government in constructing the policy, legal, and financial framework needed to encourage, negotiate, and close agreements for sound PPPs.

ADF-funded operations in the Kyrgyz Republic are improving the living standards, well-being, and prospects of women and girls by upgrading crucial infrastructure and educational and other services.

Khadka and her family, like millions of others, were affected by the devastating earthquake that hit Nepal in 2015. ADB's Earthquake Emergency Assistance Project in Nepal financed the rebuilding of quality schools to withstand future disasters.

New Delhi: Nearly 60 percent of Indians think that next one month would be a good time to buy real estate with improvement in consumer sentiments following formation of a stable government, according to a survey by global research firm Ipsos. “Almost six in ten (57 percent) Indians think the next 30 days will be a good time to buy real estate, such as a house, vacation property or investment property,” Ipsos said in a statement. Founded in France in 1975, Ipsos is an independent market research company controlled and managed by research professionals. “With the formation of a new stable government at the Centre, the consumer sentiment which was […]

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Heritage homes are fast becoming the favourite hunting grounds of luxury brands scouting for premium retailing space in India, where suitable high-end malls are too few and the sales potential at five-star hotels is still uncertain. When designer wear brand Kimaya Fashions searched for a store in Hyderabad, it settled on a 16,000-sq ft bungalow in the upscale Jubilee Hills, in a property with floor area nearly three times the size of its average outlets. French luxury brand Hermes also moved into a Victorian property in Mumbai’s Horniman Circle to retail its popular Birkin bags. “It’s not necessarily out of choice,” says Pradeep Hirani, managing director of Kimaya Fashions, “This […]

BANGALORE: Global private equity funds more than doubled their investment in India’s real estate sector in the quarter to March as they foresee an improvement in economy leading to stable long-term yields, according to a report by brokerage Cushman & Wakefield. PE funds invested Rs 2,800 crore in the country’s commercial and residential real estate during the period, a 145% jump over the year-ago quarter, the report said. “This is the highest quarterly private equity investment since Q2 of 2009 by private equity funds in the realty sector, driven by huge investment in commercial real estate and steady fund raising by developers in the residential asset class,” it said. Sanjay […]

Nine years after it was formed, New York-based Brahma Management has lined up big investments for the Indian real estate market . Brahma, an FDI-funded investment and asset management company, has already invested around Rs 2,500 crore in the sector and has plans to put in another Rs 3,000 crore over the next two years. So far, its investments in the realty sector include Gurgaon-based projects Brahma City and Athena, and The Valley, a joint venture township project in Panchkula. While Athena is a retail and commercial office center, Brahma City is a gated township spread over 150 acres of land. Indian real estate market has been facing strong headwinds […]

NEW DELHI: Real estate developers have been buying more land from farmers over the past year than usual because of apprehension that the new law may raise cost of land acquisition significantly, even as they pin their hopes on the new government at the Centre to relax the proposed norms. The land acquisition bill that was passed last year but is yet to come into force proposes to double the compensation for acquisition of land in urban areas while land acquired in rural areas will entail four times compensation. The clause mandating consent of 80 per cent of land owners for a private project will delay the process of acquiring […]

NEW DELHI: Real estate developers and property consultants today welcomed the RBI decision to cut statutory liquidity ratio (SLR), saying this would enable banks to lend more to industry, including cash-starved realty sector. However, developers demanded easing of interest rates to boost housing sales. RBI today decided to keep the key policy rate unchanged but slashed statutory liquidity ratio (SLR) by 0.5 per cent to unlock about Rs 40,000 crore into the system. “The RBI’s move to cut SLR by 50 basis points to 22 per cent will give banks more headroom to lend and thereby spur lending in future. However, the much anticipated cut in rates would have been […]

NEW DELHI: Realty firm Ambience today said it will invest about Rs 1,950 crore over the next four years to develop two luxury housing projects in Gurgaon and Noida. The Delhi-based company will develop over 1,030 apartments in these two projects launched today. Ambience has presence in Delhi and Gurgaon property markets. It is developing a 150-acre project ‘Ambience Island’ in Gurgaon that comprises premium homes, ‘Leela Ambience’ hotel with over 400 keys and a huge shopping mall. In Delhi, it has a ‘Kempinski Ambience’ hotel comprising 480 keys and a shopping mall at Vasant Kunj. “We are coming up two new projects in Noida and Gurgaon. We are entering […]

Welcoming the 0.25% rate cut by two of the biggest home loan financiers SBI and HDFC, realty sector participants today said the move will help revive interest in the gloomy market. “This is a positive move to boost property sales and spur industry growth. Home buyers who were earlier waiting for rates to come down will now certainly look at buying their dream homes,” industry body Confederation of Real Estate Developers Association of India (Credai) Chairman Lalit Kumar Jain said. “The home loan rate cuts from certain banks have occurred after nearly a year, and will augur well for investment sentiments in the market,” property consultant CBRE South Asia’s Chairman […]

Hopes of a minor fall in interest rates, especially on home loans, were dashed last week after the RBI hiked its key rates in its policy review. Home loan borrowers, especially those crushed by a heavy EMI, have been looking at the RBI for some solace for a while now. Generally, borrowers can do very little other than prepaying a part of the loan (if they have surplus cash) to reduce the interest burden or increasing the EMI (if they can afford it) to reduce the tenure and therefore, the overall interest paid. However, some experts believe home loan seekers and existing borrowers looking to switch lenders can consider experimenting […]

TNS Your bank may be disbursing home loans without due diligence of realty projects. So don’t be lax in checking out the builder’s credentials If you believe that the project in which you have booked your flat is free from all the issues just because your bank has cleared your loan application and approved the required amount — then it’s time to think again. While many buyers think that the lending bank usually carries out all the checks before approving loan for a project, the reality is very different. It has been seen that banks are not doing enough to gauge the authenticity of housing projects before disbursing loans. There […]