The world’s worst coronavirus outbreak is changing the way Indians buy gold, hastening a shift to modern, retail stores. While buyers have been slowly shifting away from the thousands of family-run jewelry shops that control the bulk of the world’s second-biggest gold market, the pandemic has sped up the process, according to Ramesh Kalyanaraman, executive director at Kalyan
Marina Bay Sands mall, Pizza Hut at Westgate added to list of places visited by COVID-19 cases during infectious period Toggle share menu
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Marina Bay Sands mall, Pizza Hut at Westgate added to list of places visited by COVID-19 cases during infectious period
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Marina Bay Sands mall, Pizza Hut at Westgate added to list of places visited by COVID-19 cases during infectious period
Clockwise from top left: Marina Bay Sands, Singapore Polytechnic, Westgate and Mustafa Centre. (Images: Google Street View, Try Sutrisno Foo)
25 May 2021 06:17AM (Updated:
25 May 2021 10:17AM) Share this content
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SINGAPORE: The Shoppes at Marina Bay Sands was on Monday (May 24) added to a list of public places visited by COVID-19 community cases during their infectious period.
Dubai: The immediate focus of the revised UAE’s Commercial Companies Law will be on new businesses being launched in the country through 100 per cent ownership of local operations. The immediate - and biggest – gains should be for tech and digital-focussed businesses that want to set up in the mainland and not have to go through free zones for full ownership.
While June 1 has been set as the date for the revised Law to be fully effective, investors and business owners will need to closely watch for add-on developments. The UAE Cabinet will establish a committee, comprising representatives from each of the Department of Economic Development entities, which will be responsible for determining:
Akshaya Tritiya: Covid in India, travel suspension deter expats from buying gold dhanusha@khaleejtimes.com Filed on May 14, 2021
Residents buy gold at a jewellery store on the occasion of Akshaya Tritiya. Photo by Ryan Lim
Jewellers hope sales would pick up in the months of June-August, which are an important time for weddings for Indian expatriates
For the second year in a row, Indian Hindu expatriates living in the UAE ‘observed’ the auspicious occasion of Akshaya Tritiya without much fanfare.
Considered to be an auspicious time for buying gold, the festival is celebrated primarily by Indian Hindus and Jains. This year, however, gold retail outlets saw lesser footfalls as compared to previous years due to a dip in morale among Indian expatriates given the devastating situation back home.