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The Star
22-05-2025
- Business
- The Star
Indonesia in rent-to-own scheme proposal
Tthe scheme could address the persistent issue of informal workers who were often underserved by banks. — AFP JAKARTA: Property developers have proposed a rent-to-own scheme as a way to ease homeownership access for workers in the informal sector. Junaidi Abdillah, chairman of the All-Indonesia Association of Housing and Settlement Developers said the scheme could address the persistent issue of informal workers who were often underserved by banks. Thus, they stood little chance to access mortgages, due to fluctuation in their income. 'It's complicated for banks to assess non-fixed income earners, like bakso (meatball) sellers, vegetable sellers or street hawkers,' Junaidi told a meeting on Tuesday with the House of Representatives Commission V, which oversees infrastructure, transportation and the development of disadvantaged regions. 'It's very difficult for them to access financing. 'Only a small percentage manage to get it, mostly through Bank Tabungan Negara (BTN),' he added, referring to state-owned mortgage lender BTN. Junaidi suggested the provision of a rent-to-own scheme as an option for informal workers who might not fit the conventional creditworthiness criteria, especially the Financial Information Service System of the Financial Services Authority that banks commonly used. 'If (rent payments) go well for several years, you can own the house. So we don't assess (eligibility based on salary), making this rent-to-own scheme compatible for people who are underserved by banks,' he said. At the same meeting, chairman Muhamad Syawali of the National Housing Developers and Marketers Association said banks' credit scoring system had hampered access to home financing, even for formal workers who earned a fixed monthly income. According to Syawali, many formal workers, especially those who earned less than six million rupiah per month, were unable to obtain financing for subsidised housing. For example, he continued, the minimum wage in East Java was 2.4 million rupiah per month but under the standard bank scoring model, only 30% of this amount could be put toward mortgage payments. Furthermore, this meant that people who earned around two million rupiah would only qualify for a monthly mortgage of between 800,000 rupiah and 900,000 rupiah. 'However, even the minimum mortgage payment for subsidised housing is 1.05 million rupiah. The numbers don't add up,' said Syawali. He also pointed to problems in several regions where regulations, such as exemptions from the land and property transfer duty (BPHTB) for low-income homebuyers, were not enforced. Last November, Home Minister Tito Karnavian, Public Housing and Settlements Minister Maruarar 'Ara' Sirait and Public Works Minister Dody Hanggodo signed a joint ministerial decree aimed at helping low-income individuals own homes and included waivers for the BPHTB and the building approval fee, both of which are normally paid to regional administrations when purchasing a house. In April this year, the government issued another regulation, which increased the previous maximum income cap of eight million rupiah per month regardless of marital status, in a bid to boost homeownership by expanding the subsidised housing program to people in higher income brackets, including the middle class. — The Jakarta Post/ANN


USA Today
14-03-2025
- Sport
- USA Today
Purdue basketball vs. USC live score updates, TV, highlights in Big Ten Tournament
Purdue basketball vs. USC live score updates, TV, highlights in Big Ten Tournament Show Caption Hide Caption Purdue basketball coach Matt Painter previews Big Ten Tournament Hear what the Boilermakers coach said as Purdue heads to Indianapolis to start the postseason. Purdue basketball wants to start a long Big Ten Tournament run when it plays USC at Gainbridge Fieldhouse in Indianapolis. The No. 6 seed Boilermakers (21-10 overall, 13-7 in conference) are powered by conference Player of the Year Braden Smith, first-team honoree Trey Kaufman-Renn and Fletcher Loyer. They combined for 52.3 points, 13.0 rebounds, 12.4 assists in conference games. That's 66.2% of Purdue's scoring, 41.2% of its rebounding and 80% of its assists. C.J. Cox (6.9 points, 3.5 rebounds in Big Ten games) and Caleb Furst (4.7, 4.3) complete the starting lineup. No. 14 seed USC beat No. 11 seed Rutgers in 97-89 in double overtime late Wednesday. Desmond Claude (28 points, 8 assists), Rashaun Agee (23 points, 11 rebounds and Wesley Yates III (24 points) led the Trojans. The Boilermakers defeated USC 90-72 in the regular season. Want more Boilermakers coverage? Nathan Baird and Sam King keep up with Purdue all season. Sign up for IndyStar's Boilermakers newsletter. Salary watch: Where does Purdue's Painter rank among highest-paid coaches? Nathan Baird, IndyStar: Purdue 86-75 The Trojans showed Wednesday night they won't go down easy, but those two overtimes they had to play benefit the Boilermakers. About 9 p.m. ET Thursday, March 13, 2025, at Gainbridge Fieldhouse in Indianapolis. TV: BTN Watch with a free Fubo trial Radio : 1260 AM in Indianapolis, 96.5 FM in Lafayette : 1260 AM in Indianapolis, 96.5 FM in Lafayette Streaming: SiriusXM Channel 84, and Varsity Network via BetMGM Favorite: Purdue by 9.5 points Over/under: 149.5 total points Moneyline: Purdue -500, USC +375 ESPN's matchup predictor gives Purdue a 76.5% chance of winning. (All games at Gainbridge Fieldhouse in Indianapolis; all times ET) Wednesday, March 12 Game 1: No. 13 seed Northwestern 72, No. 12 Minnesota 64 Game 2: No. 15 Iowa 77, No. 10 Ohio State 70 Game 3: No. 14 USC 97, No. 11 Rutgers 89, 2OT Thursday, March 13 Game 4, noon: No. 9 seed Indiana vs. No. 8 seed Oregon, BTN Game 5, about 2:30 p.m.: Northwestern vs. No. 5 seed Wisconsin, BTN Game 6, 6:30 p.m.: Iowa vs. No. 7 seed Illinois, BTN Game 7, about 9 p.m.: USC vs. No. 6 seed Purdue, BTN Friday, March 14 Game 8, noon: Game 4 winner vs. No. 1 seed Michigan State, BTN Game 9, about 2:30 p.m.: Game 5 winner vs. No. 4 seed UCLA, BTN Game 10, 6:30 p.m.: Game 6 winner vs. No. 2 seed Maryland, BTN Game 11, about 9 p.m.: Game 7 winner vs. No. 3 seed Michigan, BTN Saturday, March 15 Semifinal games at 1 p.m. (winners of games 8 and 9) and about 3:30 p.m. (winners of games 10 and 11), CBS, Paramount+ Sunday, March 16 Championship game, 3:30 p.m., CBS, Paramount+ All games on Thursday, March, 13, and Friday, March 14, will be shown on Big Ten Network and the Fox Sports app. The semifinal games on Saturday, March 15, and championship game on Sunday, March 16, will be shown on CBS and streamed on Paramount+. Watch the games with a free trial on Fubo Big Ten basketball tournament tickets All-session and single-session tickets are available here. Who won 2024 Big Ten men's basketball tournament Illinois defeated Wisconsin 93-87 in the championship game behind Terrence Shannon Jr.'s 34 points. How far has Purdue gone in the NCAA tournament? The Boilermakers were the 2024 national runners-up, losing to Connecticut 75-60 in last year's championship game. Zach Edey scored 37 points in that game. How many Big Ten championships does Purdue have? The Boilermakers have won 26 Big Ten regular-season championships, including 2023 and '24. They have won the conference tournament twice (2009, '23) since the even began in 1998.


Fox Sports
13-03-2025
- Sport
- Fox Sports
How to watch the 2025 Big Ten Tournament: TV channels, streaming, dates, times
The 2025 Big Ten Tournament is underway. Check out the complete details on how to watch this year's games, including dates, streaming and TV channels. How can I watch the 2025 Big Ten Tournament? What channels will it be on? The Big Ten Tournament will be aired on: Big Ten Network and FOX Sports App Peacock CBS and Paramount+ How can I stream the Big Ten Tournament or watch without cable? Big Ten Tournament games on BTN will be available to be streamed live on the FOX Sports website and the FOX Sports App . For those without cable, there are live-streaming services that carry CBS and BTN, including YouTube TV, Sling TV, Hulu + Live TV and fuboTV. Peacock and Paramount+ can be used to stream certain games as well. If you have an antenna in a good reception area, you can also watch the NFL playoffs on your local FOX, CBS, ABC and NBC stations. Check out the Federal Communications Commission TV reception maps to see which stations are available in your area. What is the 2025 Big Ten Tournament Schedule? Wednesday, March 12 - First Round Thursday, March 13 - Second Round Game 4: (9) Indiana vs. (8) Oregon - 12 p.m. (BTN/FOX Sports app) Game 5: (13) Northwestern vs. (5) Wisconsin - 25 min. after Game 4 (BTN/FOX Sports app) Game 6: (15) Iowa vs. (7) Illinois - 6:30 p.m. (BTN/FOX Sports app) Game 7: (14) USC vs. (6) Purdue - 25 min. after Game 6 (BTN/FOX Sports app) Friday, March 14 - Quarterfinals Game 8: TBD vs. (1) Michigan State - 12 p.m. (BTN/FOX Sports app) Game 9: TBD vs. (4) UCLA - 25 min. after Game 8 (BTN/FOX Sports app) Game 10: TBD vs. (2) Maryland - 6:30 p.m. (BTN/FOX Sports app) Game 11: TBD vs. (3) Michigan - 25 min. after Game 10 (BTN/FOX Sports app) Saturday, March 15 - Semi-finals Game 12: TBD vs. TBD - 1 p.m. (CBS/Paramount+) Game 13: TBD vs. TBD - 25 min. after Game 12 (CBS/Paramount+) Sunday, March 16 - Championship Game Game 14: TBD vs. TBD - 3:30 p.m. (CBS/Paramount+) Follow along with our 2025 Big Ten Tournament Bracket tracker. recommended Get more from College Basketball Follow your favorites to get information about games, news and more in this topic
Yahoo
10-03-2025
- Sport
- Yahoo
Big Ten Men's Basketball Tournament bracket, schedule finalized
The Big Ten Men's Basketball Tournament bracket is officially set. The regular season wrapped up on Sunday afternoon, with Michigan State locking up the No. 1 seed in the Big Ten Tournament with its outright regular season title. The Spartans had already wrapped up the tournament's top seed earlier in the week, and further extended the gap between them and the rest of the league with a blowout victory over rival Michigan. With the top seed and a double-bye in the tournament, Michigan State will play its first game on Friday at 12 p.m. ET. The Spartans will face the winner of the matchup between No. 8 seed Oregon and No. 9 seed Indiana. Michigan State split against those two teams during the regular season, with the Spartans beating the Ducks but losing to the Hoosiers. Maryland (No. 2) seed, Michigan (No. 3 seed) and UCLA (No. 4 seed) were the three other teams that received the double-bye in the tournament. The three teams that did not qualify for the Big Ten Tournament are Nebraska, Penn State and Washington. Let's take look at the complete Big Ten Men's Basketball Tournament schedule below. First Round (Wednesday) Game 1: No. 12 Minnesota vs. No. 13 Northwestern -- 3:30 p.m. ET on Peacock Game 2: No. 10 Ohio State vs. No. 15 Iowa -- 25 minutes after Game 1 on Peacock Game 3: No. 11 Rutgers vs. No. 14 USC -- 25 minutes after Game 2 on Peacock Second Round (Thursday) Game 4: No. 8 Oregon vs. No. 9 Indiana -- 12 p.m. ET on the Big Ten Network Game 5: No. 5 Wisconsin vs. Minnesota/Northwestern winner -- 25 minutes after Game 4 on BTN Game 6: No. 7 Illinois vs. Ohio State/Iowa winner -- 6:30 p.m. ET on BTN Game 7: No. 6 Purdue vs. Rutgers/USC winner -- 25 minutes after Game 6 on BTN Quarterfinals (Friday) Game 8: No. 1 Michigan State vs. Oregon/Indiana -- 12 p.m. ET on BTN Game 9: No. 4 UCLA vs. Wisconsin/Minnesota/Northwestern -- 25 minutes after Game 8 on BTN Game 10: No. 2 Maryland vs. Illinois/Ohio State/Iowa -- 6:30 p.m. ET on BTN Game 11: No. 3 Michigan vs. Purdue/Rutgers/USC -- 25 minutes after Game 10 on BTN Semifinals (Saturday) Game 12: Game 8 winner vs. Game 9 winner -- 1 p.m. ET on CBS Game 13: Game 10 winner vs. Game 11 winner -- 25 minutes after Game 12 on CBS Championship (Sunday) Game 12 winner vs. Game 13 winner -- 3:30 p.m. ET on CBS Contact/Follow us @The SpartansWire on X (formerly Twitter) and like our page on Facebook to follow ongoing coverage of Michigan State news, notes and opinion. You can also follow Robert Bondy on X @RobertBondy5. This article originally appeared on Spartans Wire: MSU receives No. 1 seed in finalized Big Ten Men's Basketball Tournament
Yahoo
08-03-2025
- Sport
- Yahoo
Oregon Ducks seed set for Big Ten Tournament
The Oregon Ducks' seed in the 2025 Big Ten Men's Basketball tournament has been set. Following the Illinois Fighting Illini's win over the Purdue Boilermakers on Friday night, the Ducks have been locked into the No. 8 seed for the upcoming conference tournament. Oregon will now face the No. 9 seed—an opponent yet to be decided. It will be either the Ohio State Buckeyes or Indiana Hoosiers who face Oregon, with the winner of that game on Saturday afternoon determining the matchup. The Ducks have wins over the Buckeyes and Hoosiers this season. Oregon's first-round Big Ten tournament game will be held on Thursday at 9 a.m. PT at Gainbrdge Fieldhouse in Indianapolis. It will be aired on the Big Ten Network. The winner of that first-round game will advance to face the No. 1 seed Michigan State Spartans in the conference tournament quarterfinals on Friday (9 a.m., BTN). Despite their conference tournament seed being locked up, the Ducks will conclude their regular season with a game against the Washington Huskies on Sunday afternoon, played at noon PT in Seatle. This article originally appeared on Ducks Wire: Oregon Ducks seed set for Big Ten Tournament ahead of season finale