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Newpaper24 - Global online News around the World singapore-residential-housing---1042902 URA proposes 90-day rental cap, 80% consent rule for Airbnb-type lodging - NEWPAPER24  Newpaper24 - Global online News around the World singapore-residential-housing---1042902 URA proposes 90-day rental cap, 80% consent rule for Airbnb-type lodging - NEWPAPER24

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URA proposes 90-day rental cap, 80% consent rule for Airbnb-type lodging – NEWPAPER24

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URA proposes 90-day rental cap, 80% consent rule for Airbnb-type lodging

2018-04-16 06:24:08

SINGAPORE: Non-public condominium and condominium homeowners who wish to lease out their houses for short-term lodging shall be in a position to take action for 90 days a yr supplied they fulfill a number of necessities, together with acquiring 80 per cent consent from homeowners inside a growth and registering their friends’ particulars.

These are among the solutions the City Redevelopment Authority (URA) has proposed in a regulatory framework for utilizing non-public houses as short-term lodging (STA).

In 2015, URA carried out a public session train to higher perceive the general public’s views on utilizing non-public houses for short-term lodging, equivalent to these being provided on Airbnb’s web site.

“Following a evaluation of the suggestions obtained, URA has labored with related businesses to develop a framework to control the usage of non-public residential properties for short-term lodging,” the URA stated in a press launch on Monday (Apr 16).

The URA is in search of public suggestions on the solutions, with the time limit for submissions on Might 31.

NEW SHORT-TERM ACCOMMODATION USE CATEGORY

Underneath its proposal, URA urged a “new use class” of short-term lodging for personal residential properties. Property homeowners must agree for this class to be utilized to their non-public properties. 

“For non-strata-titled properties (i.e. developments with out Administration Companies, MCSTs), the proprietor(s) can determine on the matter, and put in an software to URA to be registered as STA, topic to the necessities highlighted under.

“For strata-titled properties (i.e. these ruled by an MCST) equivalent to residences and condominiums, it’s essential to get the views of all strata-titled property homeowners, as every proprietor owns a Share of the frequent property, as supplied for within the Constructing Upkeep and Strata Administration Act (BMSMA),” URA proposed.

URA stated it recognised that it will not be sensible to get a 100 per cent consensus from the homeowners and urged that 80 per cent assist of a short-term lodging software would suffice.

URA additionally stated that it’s “unlikely to approve” short-term lodging use in landed housing estates which might be positioned in areas which might be comparatively quiet with slim property roads.

“There is no such thing as a MCST-like governance construction and the presence of STA may have higher impression on residents,” it stated.

“COMMITTED TO REASONABLE SOLUTIONS”:AIRBNB

URA’s announcement comes as home-booking firm Airbnb stated in March that it was keen to make some concessions on short-term leases in Singapore.

This got here after two Singaporean Airbnb hosts pleaded responsible to unauthorised short-term letting within the first such instances below new guidelines launched in Singapore final yr on short-term property letting. They have been fined a complete of S$60,000 every.

Airbnb on Monday stated that they’re “dedicated to cheap options that may enable accountable dwelling sharing to thrive in Singapore” and welcome the chance to supply suggestions by the session course of.

“This public session is a crucial step for the numerous variety of locals who wish to Share their houses, and travellers who need a distinctive and genuine expertise once they go to Singapore,” stated Mich Goh, Airbnb Head of Public Coverage for Southeast Asia.

“We may even work with our group of hosts and friends – together with the 1.four million Singaporean customers who profit from honest and progressive guidelines around the globe – to assist guarantee their voices are heard.”

90-DAY ANNUAL RENTAL CAP

Among the many different solutions proposed by URA is to permit homeowners to lease out their properties for a most of 90 days a yr, and guarantee a most occupancy of six individuals at anyone time.

Homeowners shall be required to register their properties with URA earlier than itemizing the unit for short-term lodging, adjust to hearth security necessities, and supply visitor particulars for every keep.



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North Korea’s Kim sees off practice repatriating our bodies of Chinese language vacationers – NEWPAPER24

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Newpaper24 - Global online News around the World north-korea-s-kcna-news-agency-ran-photos-of-kim-visiting-survivors-of-the-crash-earlier-this-week-1524699606174-4 North Korea's Kim sees off practice repatriating our bodies of Chinese language vacationers - NEWPAPER24

North Korea’s Kim sees off practice repatriating our bodies of Chinese language vacationers

2018-04-25 23:50:49

SEOUL: North Korea’s chief Kim Jong Un personally noticed off a practice repatriating the our bodies of dozens of Chinese language vacationers who have been killed in a bus accident as he issued a recent apology to Beijing over the tragedy, state media reported on Thursday (Apr 26).

Thirty-two Chinese language vacationers and 4 North Koreans perished when a bus they have been travelling in plunged off a bridge south of Pyongyang on Sunday night time, in line with Chinese language officers. Two different Chinese language nationals have been injured.

Beijing is the remoted regime’s sole main ally, offering an vital financial and political buffer in opposition to worldwide opprobrium.

The crash has sparked a sequence of uncommon mea culpas on North Korea’s tightly managed propaganda community by which Kim has taken centre stage each in responding to the crash and apologising to China.

In two new dispatches on Thursday morning, the North’s state-run KCNA information company stated Kim went to Pyongyang’s station on Wednesday night “to see off a particular goal practice carrying the our bodies of Chinese language who have been killed and the wounded in a tragic visitors accident”.

The KCNA report described Kim personally making preparations for the practice and providing “phrases of comfort” to the survivors.

A separate report from KCNA carried a “message of comfort” from Kim to Chinese language President Xi Jinping.

“We make a deep apology to the Chinese language comrades for the ache which can’t be alleviated with any phrase, comfort and compensation,” KCNA quoted the message as saying.

KCNA ran an analogous private apology from Kim on Tuesday after the North Korean chief visited survivors in hospital and known as on the Chinese language embassy.

Though such strikes could be unsurprising in different nations, it’s uncommon for state media to painting Kim on this method, with the North Korean chief often proven presiding over formal conferences or visiting work or military models.

North Korea state media not often carries any detrimental information concerning the tightly managed state or its management.

The fulsomeness of Kim’s feedback displays the significance of China – and its vacationers – to his nation and financial system.

China is by far the most important supply of vacationers for the North, with direct flights and an extended land border connecting the neighbour, and tens of 1000’s are believed to go to yearly, many crossing by way of practice via the Chinese language border metropolis of Dandong.



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Qualcomm chip gross sales point out some smartphone energy – NEWPAPER24

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Newpaper24 - Global online News around the World file-photo--a-sign-on-the-qualcomm-campus-is-seen-in-san-diego-6 Qualcomm chip gross sales point out some smartphone energy - NEWPAPER24

Qualcomm chip gross sales point out some smartphone energy

2018-04-25 23:55:13

Newpaper24: U.S. chipmaker Qualcomm Inc’s quarterly revenue and income topped Wall Road forecasts, suggesting {that a} slowdown within the world smartphone enterprise could be much less extreme than feared after a string of weak forecasts from suppliers.

The outcomes introduced in Qualcomm’s smartphone chip enterprise contrasted to these from main cell phone elements makers in Asia, together with TSMC and SK Hynix Inc , which have warned of slower progress of their smartphone chip divisions.

Whereas income from Qualcomm’s chips division – its largest – rose 6 p.c within the three months ended March 25, income from the licensing enterprise plunged 44 p.c, reflecting the withholding of income in a high-profile patent battle with Apple Inc .

Regardless of the sturdy quarter for chip gross sales, the corporate does see some indicators of weak spot.

It forecast progress of about 5 p.c in fashionable cell handsets for the rest of the yr, which is decrease than anticipated. Handset costs, nonetheless, are larger than anticipated.

“Qualcomm posted stable outcomes, however its steering pointed to a softer handset market, notably in China,” stated Moody’s Senior Vice President Rick Lane.

Qualcomm is also ready for Chinese language regulators to think about its software to purchase chipmaker NXP, a deal that Chief Govt Steve Mollenkopf expects to undergo. If it doesn’t, Qualcomm plans to make use of the money devoted to the deal for a Share buy-back. The deal was held up by diplomatic issues between international locations, reasonably than Qualcomm-specific issues, he stated.

The largest spat is over a U.S. ban on exports to China’s ZTE Corp after it was caught exporting to Iran. Qualcomm stated it expects the lack of enterprise with ZTE to decrease its earnings by three cents per Share subsequent quarter, although executives additionally prompt that different sensible cellphone makers that it additionally does enterprise with might make up for that misplaced income in the long term.

The outcomes come as San Diego-based Qualcomm tries to persuade shareholders it might probably enhance earnings by chopping annual prices by US$1 billion and resolving the Apple dispute.

Qualcomm on Wednesday forecast current-quarter income of between US$4.eight billion and US$5.6 billion, and adjusted earnings of 65 to 75 cents per Share. Analysts have been anticipating income of US$5.32 billion and earnings of 75 cents per Share, in keeping with Thomson Newpaper24 I/B/E/S.

Qualcomm’s quarterly internet revenue fell to US$363 million, or 24 cents per Share, from US$749 million, or 50 cents per Share, a yr earlier.

Excluding one-time gadgets, Qualcomm earned 80 cents per Share, forward of analysts’ common estimate of 70 cents, in keeping with Thomson Newpaper24 I/B/E/S.

Whole income rose 4.9 p.c to US$5.26 billion, topping expectations of US$5.19 billion.

Qualcomm shares rose 1 p.c to US$50.25 in after-hours buying and selling on Wednesday.

The sentiment additionally appeared to assist enhance different chipmakers in after-hours buying and selling, with reminiscence chipmaker Micron Expertise up 1 p.c to US$48.12 after the announcement.

(Reporting by Newpaper24 in Bengaluru and Stephen Nellis in San Francisco; enhancing by Sai Sachin Ravikumar, G Crosse and Peter Henderson)



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At the very least 15 killed in Indonesia’s Aceh province when gushing oil properly erupts in flames – NEWPAPER24

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Newpaper24 - Global online News around the World fc9935dc-483e-11e8-85b3-af25d27017e0_image_hires_172253 At the very least 15 killed in Indonesia’s Aceh province when gushing oil properly erupts in flames - NEWPAPER24

At the very least 15 killed in Indonesia’s Aceh province when gushing oil properly erupts in flames

2018-04-25 04:32:31


Fifteen individuals have been killed and dozens injured in an enormous blaze at an unlawful oil properly in Indonesia, authorities stated on Wednesday.

A number of houses have been additionally destroyed after an oil spill sparked an enormous hearth at about 1.30am in a residential space on Sumatra island’s Aceh province. It was nonetheless burning by early afternoon.

“There was a gaggle of individuals digging within the outdated properly however all of the sudden an enormous hearth was sparked and it exploded,” stated nationwide police spokesman Setyo Wasisto.

At the very least 15 our bodies have been recovered, police stated, whereas some 40 “severely injured” victims have been being handled at native hospitals. It was not clear if any have been in life-threatening hazard.

Photographs from the accident confirmed a towering flame capturing into the sky above houses and palm bushes as curious villagers appeared on.

Indonesia investigates experiences that the majority senior Southeast Asian Islamic State commander has been killed in Syria

Firefighters have been on the scene, with state-owned oil firm Pertamina aiding their efforts.

Police stated the victims have been accumulating oil from across the entrance of a wellbore when the blaze erupted.

Newpaper24 - Global online News around the World  At the very least 15 killed in Indonesia’s Aceh province when gushing oil properly erupts in flames - NEWPAPER24

It was not identified how a lot oil was spilled or what ignited the hearth, however authorities advised a lit cigarette as a doable trigger.

“There have been many individuals there who have been smoking,” police spokesman Wasisto stated.

“It’s a village so many have been scrambling to get oil and it was crowded,” he added.

East Aceh is dotted with quite a few small-scale oil mining operations, which are sometimes run illegally by native villagers.

There are reportedly tens of 1000’s of such wells throughout the Southeast Asian archipelago.

Deserted oil wells are generally re-tapped whereas locals additionally drill into recent websites to seek out new sources.

Indonesia’s fishermen flip to shark finning to fulfill demand for shark’s fin soup and earn some extra cash

Though authorities stated the Aceh operation was unlawful, lethal fires usually are not unusual in Indonesia, a sprawling nation of greater than 260 million individuals the place security laws are sometimes flouted.

In October, 47 individuals died after a blaze tore via a fireworks manufacturing unit exterior Jakarta.

Office security is usually missing in Indonesia and there are additionally considerations about lax constructing requirements.

This yr, Jakarta briefly halted all elevated transportation tasks after a dozen main accidents killed 5 and wounded dozens extra.

That directive adopted a balcony collapse on the Jakarta Inventory Trade constructing which injured dozens.



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