Commercial

New Regulation to Hit Number of Franchisee Stores in Indonesia

The Trade ministry of Indonesia has announced a new regulation limiting the number of stores or outlets a master food franchisee can hold in the country. The new regulation comes as an effort to avoid monopoly in the market and encourage local and small businesses. The new regulation will drive some of the major franchising players like KFC and McDonalds to cut or slow down on outlet expansions in the country.

Kardashian Sisters Selling $14.5 Million "Kourtney and Kim Take Miami" Home

The Kardashian sisters' are selling their South Florida home for $14.5 million, reported Zillow blog.Kardashian Sisters Selling $14.5 Million "Kourtney and Kim Take Miami" Home

Hong Kong Increasing Stamp Duties To Prevent Real Estate Bubble

To avoid a real estate bubble, Hong Kong is pressing for higher stamp duties to restrict home loans, reported Reuters.
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