Israeli ambassador sees huge potential for business linkages

By Rhia de Pablo Updated April 04, 2009 12:00 AM

CEBU, Philippines - Having seen the huge potential of doing business linkages with the Philippines, Israel ambassador Zvi A. Vapni is now intensifying efforts to touch base with the business community to present win-win propositions that will jumpstart investment opportunities between the two countries.

In his visit to Cebu, Vapni said in a press conference that their primary goal is to create stronger business ties with the country since currently there is a fairly small cooperation between Israel and the Philippines.

He discussed that Israel is a world leader in high tech innovations especially in developing sophisticated software programs that are bought by the big economies of the world.

Examples of these technological breakthroughs are the flash drive and the technology behind chatting being used in applications like AOL, Google, and among others, which Vapni said are worth million dollars.

In this regard, Vapni is eyeing possible cooperation with the Philippines through the establishment of call centers and production facilities in the country that will provide support to their high tech innovations.

Aside from this, Israel is also known for its strength in agricultural technology, which is another area where there can be cooperation between the two countries.

“The focal point of our activity is to reach broader presence in different regions of the world. There is definitely a big potential for cooperation with our countries. Our business companies can help as advisers to provide technological assistance in agricultural technology here in the Philippines,” said Vapni.

He said that even in the field of tourism, the Philippines and Israel can develop a mutually beneficial relationship.

He stressed that aside from the Holy Land, Israel has more things to offer tourists such as the Dead Sea, the dramatic landscape of their rocky deserts and other worthwhile attractions.

While on the other hand, the Philippines can also offer other alternative tour packages for Israeli tourists.

“There are not enough Filipinos who go to Israel as tourists and there are also a few Israelis who come to the Philippines. There is still a lack of awareness on both sides but our tourists will definitely come here if they knew about the beautiful places they can visit. The potential of the Philippines as a business partner is very clear so there is no reason why we cannot develop stronger ties,” said Vapni.

He said that in Israel, there are 60,000 Filipinos who are mostly working as caregivers and are in demand because they have been known to provide quality service.

Currently, trading between the Philippines and Israel is only estimated to be $200 million while Israel exports to the country are worth $18 billion and these are through machineries and equipment.

He said that some Israeli companies are already working with some companies in the Philippines like PLDT, Globe and Smart and that they have developed good working relationships but these are still a few.

“We want to have a proactive attitude to enhance our business relations with the Philippines. The challenge right now is to introduce to the Philippines the possibility of looking at Israel as another partners and market to boost future investments between both countries. We are sure that there is a big potential to achieve that goal,” said Vapni.

The Israeli Embassy has tapped the Cebu Chamber of Commerce and Industry and is looking at the possibility of doing trade missions to Cebu and to Israel and had appointed Emily C. Benedicto as its honorary consul to intensify its efforts to boost cooperation with the Philippines.

WORLD BANK SAYS Philippines to grow 5%-6% in 2009

INQUIRER.net
First Posted 11:12:00 12/10/2008

MANILA, Philippines—Growth in middle-income economies in East Asia including the Philippines, Malaysia, Indonesia and Thailand is seen to “ease modestly” to the five to six percent range in 2009 East Asia’s growth as a whole would likely fall to 8.6 percent from 10.2 percent in 2007, the World Bank said in a report Wednesday. “East Asian economies will face testing times in 2008,” the World Bank said in its latest East Asian Outlook.

The World Bank said higher oil and food prices will erode incomes in the bulk of the East Asian region, the latter particularly hurting the poor. However, it also said that fast economic growth coupled with cyclical downturns is normal in East Asia and that it will not be affected too much by the global financial turmoil.
“High trend growth has been driven by fundamental factors such as robust productivity gains, ability to absorb knowledge from abroad, high savings, and growing education and skills. These fundamentals are unlikely to be displaced by the present financial turmoil and cyclical slowdown,” it said.

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Things to Know When Buying a Property

Getting a real estate property will be a life long dream for every one of us. But this is not a job which will happen overnight. When buying properties one needs to think, plan and then execute accordingly. Lot of paperwork and research has to be done before you go ahead for a property and then you need to match your priorities based upon the facilities available at the property. If you are thinking to buy a property from an auction, then there is a need to examine certain characteristics of the auction carefully and determine the target price that you can afford, also check the different features that is available with the property. It is better not to compromise with things which are not acceptable for you, and then regret later. It always suitable to keep up with the deadlines with the auction process once you come in terms with the bidding formalities.

The legal system used distinguishes the real estate properties into two types; they are personal properties and real properties. Personal properties are any property which can be moved from one location to another, for instance they can be goods, security, instruments and any intangible assets. Another difference is that, in personal property, the statutes of limitations or the prescribed periods are essentially limited. Real properties are basically the ownership of a property such as buildings and apartments; this will also include other legal affairs between the owners of these immovable properties - which are nothing but the real estate. The real immovable properties are necessary for any activities which require lot of fixed physical capital economics that is related to it. In the real properties, they are enforceable for a longer period and mostly they are registered under the registers of government sanctioned land.

Properties can also be separated into commercial properties and residential properties. Commercial properties include stores, garages, workshops, office premises, retrial shops, etc. Residential properties comprise properties such as blocks, flats, ground rents, mansion blocks, houses or any piece of land. Based upon the requirements, the property structures vary with the cost, transaction procedures and all other dealings. The commercial real estate industry can divided the commercial buildings into four types. They include the Class A buildings, Class B buildings, Class C buildings and Class D buildings. Class A buildings include fairly new buildings with all the modern amenities or facilities. Class B buildings are the ones which are older, most likely 10 years older or so, provided with basic services.

Class C buildings are older buildings with smaller units, but maintained well and equipped with all the basic facilities in stable areas. Class D buildings are again older, but maintained properly with few facilities. Such properties will be located in the marginal areas. Whether you are seeking for residential or commercial properties, proper assessment of the premises is always necessary and this is very important. Some properties will be deserted or redundant, and environmental contamination will further complicate the conditions. There are also contaminated properties which get ruined by toxic materials and nauseating odors. While buying a particular property at an auction, it is better to have lot of awareness as many legal systems are involved that will help you to avoid complications in future.

Article Source: http://www.ArticleJoe.com

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To Invest In Costa Rica, You‘ve Got To Know Costa Rica!

There’s absolutely no doubt about it. Real estate investing can be a very lucrative business. Just look at Donald Trump and every other major millionaire in the U.S. It’s a safe bet to say that they have all invested in real estate at some point as a way to safeguard or increase their wealth. Even Americans who don’t have millions have followed suit; many of them making decent profits through buying and selling land, homes, buildings, etc. along the way. However, they were successful because they were knowledgeable about their investment.

One of the keys to making a wise real estate investment is knowing the market where you’re planning on investing—including the factors that will effect that market. Another is being familiar with how much the real estate is worth and speculating on what it will be worth. The third key to successfully investing in real estate is being familiar with the real estate process itself. And while it’s important to know those things when investing in real estate in your own country, it’s imperative when investing in real estate in a foreign county. That’s why I’ve created the e-book, “Developing Paradise.”

“Developing Paradise” is stuffed with solid, researched and first-hand knowledge based articles about Costa Rica, which is one of the strongest real estate markets in the Americas today. Much of the book is dedicated to providing real estate investors with a good feel of what the life, culture, and tourism traffic are like in Costa Rica. Additionally, there are sections that specifically talk about real estate investment as well as the nation’s overall economy in regard to real estate investors. In short, the e-book provides a thorough overview of everything you would want to know about the Costa Rica market, to determine whether investing in Costa Rica real estate is right for you.

I won’t promise you that reading “Developing Paradise” will make you into a real estate mogul like Donald Trump. That would be irresponsible and frankly, you should run from anyone who does make a promise like that. But if you’ve been trying to figure out a way to invest your money and earn higher returns than traditional investments, give “Developing Paradise” a read. Once you do, I’m certain you’ll agree that investing in Costa Rica is a great investment alternative that has potential to bring you the returns you’re looking for.

by David Lovendahl, Developing Paradise

Article Source: http://www.ArticleJoe.com

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Pinecrest Real Estate - Upscale Village

Pinecrest forms one of quieter and tranquil corners in the state of Florida. Besides it can be considered as one of the newest entrants in list of cities in America as it was incorporated a decade back in 1996. In fact the quiet nature of the area has led to its seal bearing “village” as part of name of this place. And the fact that this place is governed by a Village Council comprising of five members and all matters of this place are by this group of members who constitute a government fashioned after form of Council Manager.

As such, origins of Pinecrest can be credited to Parrot Jungle and Gardens, which came up in 1936, which was founded by Louise and Franz Scherr. It was their dream of creating an area where birds could fly about freely in a manner chosen by birds themselves led to this park being founded. And building of this park, which became a very important tourist attraction right from its inception, brought about first a flurry of development in this place, which was till then just another sleepy little hamlet. As large numbers of tourists came to visit this park, infrastructure of this place developed gradually. Speaking in geographical terms, Village of Pinecrest is one of the smallest incorporated areas in America. It barely covers an area of about eight square miles. But despite its size, after inception of Parrot Park, which has since then been bought over and revamped, relocated and renamed as Parrot Jungle Island, this place has seen a steady spurt in population. The original park which played host to many birds has been shifted to a new location near waterfront of this place.

When the last census took place in 2000, population of this quaint place was almost touching the twenty thousand mark. This gives this place an incredible population density of almost two thousand six hundred people per square mile. This shows that this city has risen a lot in importance in America. And approximately twenty thousand people who were found to be residents of this place are further divided into almost six and a half thousand households. Median income of each of the above mentioned household hovers around hundred and ten thousand dollar mark. Education is given much priority in this state. This is evident from the fact that there a number of top notch high quality schools in this area.

As a result of excellent infrastructure that is to be found in this area, more and more people are targeting this place as a city or town of permanent residence. As it is due to holistic combination of several factors, which includes the general upswing observed in real estate market, prices of homes in this region has crept up to almost two million dollars per home. And besides not too many of this homes are empty and available in the market. So do not ignore Pinecrest as just another young and small town if you are using your radar to scan out all options in matters of real estate. It just might be the changing point of your life.

Pinecrest Real Estate is elegant and upscale. Right now there are over 200 properties for sale in Pinecrest. Upscale communities are Village Grove, Suniland Estates, Pine Tree Estates, Fairmont Acres to name a few. Prices have risen dramatically in the recent boom years but have been leveling off in this buyer’s market. Pinecrest Real Estate still offers a tremendous opportunity.

Article Source: http://www.ArticleJoe.com

Hector Lesende is Owner/Licensed Real Estate Broker in www.lesende.com/“>Miami Real Estate Please search www.lesende.com/coral-gables-real-estate.php/“>Coral Gables Real Estate or www.lesende.com/pinecrest-real-estate.php“>Pinecrest Real Estate We will sell your home from only 1% commission. We provide a free South Florida Foreclosure and MLS list

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If Its Commercial Space You Are Looking For Read On

Well I would like to think by now given all the previous blogs, that you have a fairly good idea of all the free hold residential property out here in Dubai. But let‘s change pace for a moment, and dedicate a little time to exploring the commercial space on offer within the Emirate. And there is a good deal to talk about, as Dubai has a large amount of commercial space on offer in quite a few locations. And with so many options, many people prefer to buy now instead of just looking to rent. And with Dubai‘s ever growing rental cost does it really come as any surprise! Ok, some of the larger firms probably are able to absorb such costs, but the smaller businesses are then ones who will be truly affected.

Taking a closer look at commercial prices in Dubai, they are now close to reaching London and Hong Kong prices, making them some of the most expensive in the world! The likes of Business Bay and the Dubai International Finance Centre offer world class facilities, but have a price tag to match. This perhaps is ok for some, but what of those companies who would prefer something a little more modest price wise, but still offers a great working environment. Well then, Jumeirah Lake towers could be just what you are after, and don‘t rule out Schon properties business park, which incorporates a number of interesting features. And there is always the option of land plots if you feel the urge to build your own building! With the selection of both leasehold and freehold developments in which to purchase, you really do have a number of options from which to choose.

The biggest obstacle comes in the form of the competition you will face to secure your required commercial space. There are a large number of companies all looking for a value for money work place as well. This means you would do well to act fast and start looking for somewhere that meets you requirements, as wait too long and you may not be able to find what you need at your required budget! But in terms of the overall market place, most purchasers will be not disappointed with all Dubai has to offer in this regard. So get looking your ideal office or building today.

Article Source: http://www.ArticleJoe.com

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How Anyone Can Find Money-Making Real Estate Properties Right Now By Dean Graziosi

How Anyone Can Find Money-Making Real Estate Properties Right Now By Dean Graziosi

There is no better time than right now to make a fortune investing in real estate. I’m convinced anyone can do it, and you don’t need some $5,000 seminar to learn how. What you need is some straight forward, honest education and the willingness to take action.

In my 20 years of investing, I’ve met determined people who said they made the decision to be successful as real estate investors. Recently I asked one “investor“ what progress he was making; he said “I feel I‘m really close to discovering just the right place to invest!“

Hmmm…that answer made me wonder. It seems some people look at real estate investing the same way others look at buying stocks…“if I just had one hot tip I could get started!“

A perfect example of this is my friend means Dean Graziosi friend Tony. Recently he called to tell me about a sign (stuck in the ground at a busy intersection) that read:

“Costa Rica Investment Opportunity – 1st Phase –Apt Buildings Awesome Chance to Profit - call Now“ 800-xxx-xxxx

Tony asked if this was a “good“ opportunity or not? I asked; “What do you know about Costa Rica? Ever been to Costa Rica?“ Other than a lot of Americans supposedly retired there, Tony knew nothing about Costa Rica, but the sign had struck a nerve in him. Tony is waiting for the “hot“ investment opportunity. Something so good, that he just can’t help but take action on it.

Meanwhile, Tony, like many others, (perhaps even you), has been missing out on great opportunities right under his nose, in places where he would do well to make his first investment.

Here’s The Answer To Where You Should Invest

I means Dean Graziosi gave Tony the same answer I’ll give you. It’s exactly what I do myself, and it’s a simple strategy I reveal in my book, “Be a Real Estate Millionaire.“ I told him “Think a little closer to home. Take the local market test in chapter 4 of my book, and in minutes you’ll know where the market in you area is, where it is going…and what strategy to use to ensure little risk and major gains.“

You can do precisely what I suggested to Tony. Start by buying property in your own local area. You know the local area in way’s that no one else can. You know what areas keep growing, and the ones which are shrinking. You know which parts of town to avoid, and which parts have always been desirable.

As a local resident, you may already know about changes that could increase or decrease real estate prices in your area. Things like; the new shopping mall being built, a new freeway that’s coming through. You know if developers are building some new offices close by, (because you see the buildings or the signs).

What about factories and businesses? Are they hiring, or laying people off? Are there new ones being built in your neighborhood? Is a new company setting up shop close to you? These are things you’re already somewhat of an expert on. You know tons about the trends and patterns of your local real estate market without even really trying.

Another reason to buy in your local area is to more easily keep an eye on your property. If minor problems occur, such as storm damage or even routine wear and tear, you can spot, and fix those things right away. Its way more convenient to work on something that‘s a few minutes from your home, than something that is across the city or in another state - (or another country…Tony).

Article Source: http://www.ArticleJoe.com

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Dream Properties Overseas

Ever dreamt of buying an estate in France or a cottage on one of the beautiful islands of Dubai? Buying property overseas has been made very convenient for all those who reverie for it. A click on Internet would open up many options for you to purchase overseas properties. Many agencies are providing attractive packages and opportunities to buy properties in most countries at a cheaper rate.

There are attractive offers focusing different age groups. For instance, a young investors interest might lie in buying a two-bedroom apartment by an exotic beach location that provides for a continuing rental income and also for a reasonable holiday destination. Similarly, a retired couple might think of investing in a farmhouse or estate for the purpose of rental earnings or capital growth.

Overseas Properties Investments put forward the prospect for high yield and improved diversification. Expanding your Purchasing properties in several diverse countries can be supportive enough to take the edge off against the slump in any one specific market.

Though dreaming properties overseas might seem enchanting, but one needs to be skillful and cautious for investing in properties abroad. One must keep the proper information and access to the area desired for investment and also identifies and abides by the legal, cultural and tax obligations.

Before you invest abroad, you need to keep in consideration some of the following features:

Find an expert lawyer for yourself who is fluent in the native language of the place and is well aware of the rules and regulations of that particular region and country. Every country has its own legal obligations regarding purchase and selling of property, tax regimes etc. so a lawyer must be aware of all such terms and conditions.

You may also require carrying a detailed research for managing funds for an overseas property. There are certain banks that will not over finance in case the overseas property has been used as security. Quite a few banks in Australia have branches and partners overseas and so they arrange finance and even carry out the transactions for Australians against overseas property.

You also need to consider the exchange rate on money transfer. This is because the amount of expenditure you make would be influenced by the variable exchange rates. Purchasing property during favorable exchange rate can be beneficial and is you sell off the property in unraveled exchange rate situation; you are likely to loose big percent of capital gain.

Today, there are many new markets opening up in countries like Bulgaria, South Africa and North Cyprus, where probable buyers meet the expense of worth for capital in real estate.

Recently, Romania was rated at the best investment destination by a UK magazine, yielding high returns. Dubai is also an important destination for making investment. Varied property options can be seen in Dubai ranging from one or two bedroom apartments to an exclusive island.

So if you are really interested in buying Mortgage for Overseas Properties, there are many good options for you. All you require is to have detailed information about the property and its associated clause.

Article Source: http://www.ArticleJoe.com

www.platinumoverseasproperties.com/“>Mortgage for Overseas Properties continually makes publications on issues associated with Overseas Properties and

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How Government Helps Create More Problems in the Foreclosure Crisis

Now that the banks and local governments are finding themselves in serious danger due to the housing crisis, they have been working together even more visibly than they always do. Mortgage companies experiencing defaults in record numbers are having a difficult time remaining solvent and have required injections of inflated capital from the central bank; politicians elected to cut spending and waste from government will not be able to finance their own overspending and waste if property tax revenue declines. Both government and banks, therefore, have an extremely vested interest in keeping as many people in their homes as possible.

This explains the recent trend of government partnering with selected banks to teach homeowners about financial management and the foreclosure process. Numerous city or state governments have sponsored websites or local seminars featuring local mortgage brokers and representatives of large banks to educate homeowners on what they can do to stay out of foreclosure. But it is deeply ironic that government, after ignoring its “duty“ to protect “citizens“ from being taken advantage of by fraudulent loans or their own ignorance, are now taking up the cause when their own livelihood is threatened. It is impossible for government to provide the third-party, independent assistance that foreclosure victims require.

To begin with, the State (or city or county) is not there to protect anyone right now. For example, try suing the police department if they “fail“ in their “duty“ to “protect“ your life, liberty and property, such as if your car is stolen or you are mugged. The lawsuit will be promptly thrown out of court because there is no “cause of action“ against the government, because the bureaucrats have no duty to protect anyone or anything. So these same politicians are not going to suddenly, magically, start “protecting“ homeowners from bad loans unless it serves the bureaucrats‘ self-interest of keeping property taxes high enough to fleece homeowners enough to maintain their corruption.

Judges, although they may be able to help homeowners in some instances, are often just as corrupt and paid-for as any other bureaucrat. Most of the judges work with the same attorneys day in and day out to pursue foreclosure hearings, becoming friends and acquaintances with the lender‘s attorneys. The lender, though its lawyers, pays all of the filing fees and court costs related to the foreclosure out of its pocket, which keeps these judges in business. The judges, then, have little other option than to keep the lenders happy by rubber-stamping the foreclosure judgments one after another, despite gross rule violations or outright criminality.

The banks are no different and benefit the same way. The managers of the local offices of these subprime loan sharks are sitting on election boards and donating to state and local campaigns to keep their preferred candidates in as much power as possible. The state and local governments are able to appoint judges to the trial courts which hear the foreclosure complaints and are more open to the arguments of the lenders, instead of “protecting“ the life, liberty, and property of the average taxpaying homeowner.

Even at the federal level, the large banks and investment institutions are some of the top donors to many presidential campaigns, because they know that their preferred candidate will pursue legislation that will allow banks to keep making poor loans and receiving bailouts to avoid facing the consequences. And the banks in the past half-year have received hundreds of billions of dollars from central banks around the world in misguided efforts to steal money from productive people to hand to bankers who made poor lending and investing decisions. Of course, homeowners who make poor financial decisions are simply left out to dry.

Interest rates are also controlled at the federal level by the Federal Reserve System, which is owned primarily by the largest banks which are now suffering the most and need the Fed to bail them out repeatedly. The Fed lowered rates as far as possible for years to assist banks in seducing more buyers to get into adjustable rate mortgages that they could not afford. Then, when rates rose and defaults occurred in record numbers, the banks made out by taking over large sections of the country‘s real estate, and getting tens of billions of dollars of free bailout money care of the private printing press that they own.

This is not to say that there should not be an option of using a third party independent of both government and banks to provide some help to stop foreclosure, if homeowners want it. But it would be a mistake to trust the mortgage companies or the government to provide any “independence“ to the people. Lenders, unfortunately, must participate in the process of working out solutions with owners because they are one party to the contract. Involving a bought-and-paid-for government bureaucrat, who owes his job to the foreclosing banks, though, is only a sure-fire way to guarantee that foreclosure victims end up either homeless or in bad solutions that will serve as only temporary band-aids as politicians pressure them into stop-gap measures to keep property taxes high for another few months.

Article Source: http://www.ArticleJoe.com

Nick writes for the ForeclosureFish website, which provides homeowners with www.foreclosurefish.com/“>mortgage help and advice designed to help them save their homes from foreclosure. Visit the site to read more about how the foreclosure process works and what methods can be used to avoid losing a home: www.foreclosurefish.com/

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