Asia Crowdfunding Economy Indonesia Property 

INSPIRING HOME OF THE WEEK: HOUSE BUILT FOR WELLNESS IN INDONESIA

This cube-shaped stone home built in the idyllic setting of Lombok island, Indonesia, is named “Maleo” after the region’s local bird species, and sits neatly overlooking the Jabon hills and the golden sands of Selong Belanak beach. Australian architect Mitchel Squires designed the seven-bedroom residence to make the most of the spectacular rolling-hills setting: “I was really taken by its surroundings, in fact many parts of South Lombok are fairly untouched and local villagers were watchful of the new developments. “I wanted to set the tone for properties in the area. I was conscious to design something that blended in the with the landscape…

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Crowdfunding Drones News USA 

GoFundMe crowdfunding raises money to help school children start Drone Club

Hello my name is Doug Floyd and my goal was to create a drone club at my local school for teens who want to learn how to fly drones. So we started www.youthdronecrew.com for our school in GRANADA HILLS, CA We want to work to help make a Drone Club open to teens in Grandada Hills who can’t afford a drone. We will provide them a drone so they can learn to fly in a group and they can take it home to learn more. We will also have community service…

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Chiang Mai Crowdfunding Health News Singapore 

Crowdfunding campaign for Singaporean humanitarian worker passes $100,000 target

A crowdfunding campaign for a stricken Singaporean humanitarian worker in Chiang Mai, Thailand, has surpassed its target of $100,000 since it started on June 27. The campaign closed on Friday, with $103,798.56 in donations collected. Mr Calvin Huang, 59, collapsed in Chiang Mai on April 12 after suffering a stroke, and was subsequently taken to Sriphat Medical Centre for emergency surgery. He has been warded in the Intensive Care Unit since, and his family hopes to bring him home by the end of next week. His sister, Ms Yvonne Huang,…

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1MDB Asia Crowdfunding Singapore 

Singapore to use data tracking against money-laundering

SINGAPORE — Singapore will step up the fight against money-laundering with a newly created surveillance unit and data tracking but private banks must take the lead, its chief financial regulator said Tuesday (Sept 6). Mr Ravi Menon, managing director of the Monetary Authority of Singapore (MAS) which also serves as the central bank, said financial institutions must set the right moral tone to help battle illicit fund flows. “Boards and senior management in particular must send a clear signal that profits do not come before values and ethics, and compensation…

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Asia China Crowdfunding 

China uses crowdfunding for Great Wall restoration

Heritage officials have launched a crowdfunding campaign to pay for restoration work on the Great Wall of China. More than 16,000 people have donated online since the campaign started at the end of August, raising almost 300,000 yuan ($45,000; £34,000) so far. It’s being run by the China Foundation for Cultural Heritage Conservation, a state-supervised body, which says the wall is in serious need of repair, China Radio International reports. Work on the wall began more than 2,000 years ago, but much of what visitors see today was constructed during…

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Asia Crowdfunding DBS Itra Singapore Singapore 

DBS signs cross-referral agreements for crowdfunding platforms

SINGAPORE – DBS Bank has signed cross-referral agreements with peer-to-peer (p2p) lending platforms Funding Societies and MoolahSense, it announced on Tuesday (April 19). DBS said it is the first Singapore bank to collaborate with such lending platforms to further expand funding sources available to small businesses. Under the partnership, DBS will refer some of the smaller businesses that it is unable to lend to, to Funding Societies and MoolahSense, said the bank in a statement. In return, the p2p lending platforms will refer borrowers who have completed two successful rounds…

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Asia Crowdfunding ITRA Itra Singapore News Singapore Timeshare Timeshare Scam 

Timeshare Trustees we explain

An explanation of the role of timeshare trustees. When a consumer purchases timeshare, they purchase ‘occupancy rights’ in respect of certain holiday accommodation belonging to the developer. The nature of the ‘occupancy rights’ is defined in the timeshare contract. The most common structure for Timeshare in the UK, and also used in other parts of Europe, is the   ‘Club-Trust’ structure. The other common timeshare structure, known as ‘escritura’, (meaning “deed”) is sometimes used in Spain and Portugal whereby the consumer is given an ‘escritura’ (or title deed) as proof that…

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