Participants at the 2019 Bengaluru Tech Summit in Bangalore, India. Read the February 2020 issue of INTHEBLACK magazine. Weekly cost reports are also a critical element of planning. Each month we select the must-reads from the current issue of INTHEBLACK. With Corona-rona going around i thought we could all use some extra laughs! In examining real estate markets, we must consider existing fragility, adaptability to new demands, and potential relevance to new markets. Thank You For Attending the 2020 Virtual Legislative Meetings. Tough regulatory changes in China will also put her finance team on notice to meet compliance standards. Most companies, he says, are investing in IT automation labs to bring together transformative enablers such as a digital workforce, cloud ERP, advanced security (particularly on data privacy) robotic process automation and cognitive automation. Inequality, like climate change, is a word of the year in 2019. When there is digital disruption, usually these new services or products are free [at first] or very cheap. The move has been likened to a social credit system under which regulators could rate companies according to compliance with regulations, and put them on blacklists if they do not adhere to the rules. If you do not have a good system to capture that red flag, then there will be real compliance issues.. Our last global recession happened many years ago and, based on past cycles, it looks like the next one will be coming very soon, he says. While pricing stability and liquidity appear to have somewhat returned, late payments and loan defaults have seen a significant increase., Commercial real estate can be greatly affected by local indebtedness funded by local taxes. 2020-2021 Top 10 Issues Affecting Real Estate. Banks make up some of the most important clients of many leading commercial law firms. By Forecasts are optimistic for the multifamily, retail, industrial, and office sectors, experts at the National Association of REALTORS say. Tap to unmute. Cameron Acceleration of planned, medium-density, mixed-use communities will replace old retail formats, with design that embraces walkability and integration of uses that enable continued normalcy in case of subsequent lockdown orders, the report notes. Most importantly, senior leaders must be able to pivot quickly. He believes government tax incentives for business, robust foreign direct investment (FDI) policies and greater ease of doing business courtesy of digitisation and simplification of compliance mean the economy is well placed for steady growth. Top 10 Commercial Real Estate Markets for 2021, Homeowners Are Taking on Bigger Remodeling Plans, Appliance Shortages Remain a Common Headache. Shopping. He adds that the buck will stop with CFOs in terms of compliance. Up Next. Ice caps are melting, sea levels are rising, and the very survival of island nations is being threatened. Whereas finance teams once focused on what was profitable and what was not profitable, the emphasis now is on what competitors are doing and responding appropriately. As Australia sinks into a deep post-pandemic recession, a number of academics and tax system experts are demanding tax reform be put at the top of the government's agenda. The demerger plan aims for completion by 2020, but has been revealed earlier than executives would like as a result of pressure from activist investors. A countdown of the 10 funniest commercials of last year! Here are 20 predictions for 2020 as seen by SpaceNews reporters and correspondents. Incoterms 2020 is available on ICCs new e-commerce platform ICC Knowledge 2 Go in both print and digital formats. Internet Explorer does not currently support REALTOR Magazine search. The last four months have presented a lot of volatility in the capital markets, but it also has confirmed how quickly debt and equity capital liquidity can stop flowing when risk and returns are difficult to measure, the report cautions. Friday, May 8, 2020 1:00 PM2:00 PM CDT. Inequality is being cited as a catalyst for a host of political risks in many countriesfrom populism in the UK and Italy to social unrest in Chile, France, Hong Kong, Lebanon, Iran, and Iraqand will be front and center in the U.S. presidential electi The idea is to collate information from businesses and integrate it into a centralised digital database, according to the European Union Chamber of Commerce in China. Unfortunately, such skills cannot be entirely taught in classrooms and through continuous training, he says. Lawrence Yun, NAR Chief Economist, will talk about the economy and the potential effect of Covid-19 on commercial real estate, followed by a Q&A session. Is Refinancing Boom Encouraging Homeowners to Stay Put? As Grace Ng CPA contemplates the business outlook for the next 12 months, the enormity of the challenges facing her company SF Holding Company Limited, an integrated logistics service provider based in China is not lost on her.