S-REITs and the regional REIT market, real estate funds, institutional mandates and cross-border transactions.
NBCC (India) expects to secure work orders worth ₹50,000-60,000 crore during FY27, with the proposed redevelopment of five General Pool Residential Accommodation (GPRA) projects potentially contributing about ₹30,000-35,000 crore, chairman and managing director K. P. Mahadevaswamy said during the company's Q2 FY27 earnings call. The five GPRA projects are currently under process and could be awarded either during Q3 or Q4 FY27, according to the management. The company's consolidated order book stood at approximately ₹1.26 lakh crore at the end of H1 FY27.
I-Berhad's property investment segment posted a 30% year-on-year rise in profit before tax to RM20 million for the nine months ended Sept 30, 2026. However, group PBT fell to RM37.7 million from RM53.4 million, with revenue declining to RM130.6 million.
Sunway REIT reported a 1.7% rise in net property income to RM501.2 million for the nine months ended Sept 30, 2026, driven by a 12% retail NPI jump to RM395 million. The quarterly NPI fell 3.9% to RM173.8 million, partly due to the absence of rental income from the disposed Sunway University and Col
The Philippines and the United States remain on track to finalise the master agreement for the Pax Silica advanced manufacturing hub by the end of 2026, despite no announcement during President Trump's visit for the ASEAN Summit. Trade officials said the deal will have its own dedicated signing cere
The Department of Finance and Bureau of Local Government Finance have told a Congressional hearing they support extending compliance timelines for the Real Property Valuation and Reform Act. Unreliable market data, stalled local government automation and failed valuation testing prompted the move. T
Globe Telecom reported a 3.5% rise in third-quarter attributable net income to P5.44 billion, driven by higher revenues and increased gains from property and equipment disposals. Gross revenues grew 5.2% to P46.68 billion, while gross expenses rose 7.7% to P43.31 billion.
Megaworld Corp. reported a 1.6% increase in attributable net income to P5.32 billion for the third quarter, driven by higher leasing and hotel revenues. Consolidated net income rose 8.1% to P6.31 billion, while consolidated revenues climbed 4.7% to P22.32 billion.
Alternergy Holdings Corp. plans to raise up to P10 billion through fixed-rate green bonds to help finance P26 billion in planned investments in solar and wind power projects. The board has approved a five-year shelf registration programme, with the initial offering targeted for the first quarter of
Filinvest Development Corp and Filinvest Land will cease operations of their joint construction company Dreambuilders Pro by 31 Dec 2026, shifting to third-party contractors. The group says the move supports expansion of residential townships and industrial parks, and will not have a material financ
Listed luxury developer Shang Properties, Inc. posted a 4.6% rise in attributable net income to P804.7 million for Q3 2026, driven by a 55.6% jump in residential sales and steady growth in leasing and hotel revenues. Consolidated revenue for the quarter climbed 27.9% to P3.41 billion.
Anthropic's IPO plans to raise as much as US$64.4 billion, with a target valuation of up to US$1.02 trillion, according to a regulatory filing. The share sale, priced between US$70 and US$78 per share, is seen as a key test of investor appetite for AI-related investments amid growing concerns about
The National Environment Agency has granted 29 non-profit organisations a final extension until 30 Nov to receive and distribute drinks without the Beverage Container Return Scheme deposit mark. The one-month grace period for smaller retailers ended on 31 Oct.
Cagdianao Mining Corp. has recorded the rare, thumb-sized orchid Corybas pictus for the first time in the Philippines within its mining tenement in Dinagat Islands. The discovery, made during the company's 2025 biodiversity assessment, marks a new country record for the species previously documented
Ho Chi Minh City attracted nearly US$19.1 billion in foreign investment in the first 10 months of 2026, a 4.2-fold increase year-on-year. Major projects include the Can Gio International Transshipment Port (over US$4.9 billion) and a US$2.1 billion AI Factory data centre.
Sunimax Development Sdn Bhd must sell all its properties via a court-recorded tender to repay RM69.56 million to Supermax Corp co-founders Datuk Cheryl Tan Bee Geok and Datuk Seri Thai Kim Sim. The Shah Alam High Court consent order, recorded on Nov 10, requires a valuation within 30 days and a tend
The Monetary Authority of Singapore on Tuesday launched a gold vaulting service for central banks with capacity to store up to 500 tonnes of gold. MAS and the Ministry of Finance also announced an enhanced GST framework that will waive taxes on wholesale services such as vaulting, refining and broki
KFC Singapore is launching a limited-time Avengers: Doomsday menu from 25 Nov 2026 to 12 Jan 2027. The collaboration features a Doctor Doom Burger, green-seasoned fried chicken, and blind-box Colonel Sanders figurines dressed as Marvel characters.
YNH Property Bhd is working to complete a RM170 million land disposal to Sunway Living Space by January 2027, with net proceeds of about RM105 million earmarked for a RM170 million sukuk redemption due Feb 26, 2027. The developer faces a RM6.8 million shortfall in its sukuk reserve account, which MA
President William Lai said Taiwan is working toward independently launching domestically manufactured satellites, with government backing for rocket research and launch facilities. A facility in Tainan’s Shalun is expected to begin operations in 2030, and a national rocket launch site in Pingtung’s
Nvidia CEO Jensen Huang admitted to an affair with Alice Huang, a former Megaspeed executive, prompting a board investigation into potential foreign intelligence targeting. The scandal raises questions about his leadership and Nvidia's succession planning.
Morgan Stanley, UBS and HSBC say last week's AI selloff was overdone, arguing that extreme regulation of data centres under a Democrat-controlled Congress is unlikely. They point to Nvidia's upcoming earnings and Anthropic's IPO as bigger catalysts for the AI trade.
China Investment Corporation and PGIM are asking S$1.2 billion to S$1.25 billion for their combined 50 per cent interest in Singapore's Nex shopping mall. The expression of interest exercise has closed, with bids now under review by the sellers.
SM Prime Holdings, Inc. is considering capital expenditures of up to P100 billion in 2027, with a focus on completing ongoing mall developments and redevelopments. The listed property developer reported a 14.8% decline in third-quarter net income to P10.9 billion, citing weak residential sales and e
PHINMA Corp. posted attributable net income of P306.19 million for the first nine months of 2026, driven by its education business. The construction materials and property segments recorded losses amid subdued construction activity and weather disruptions.
AirTrunk has scrapped plans for a A$1 billion data centre in Sydney's Lane Cove West, citing steep terrain. Separately, Stockland and John Boyd Properties have removed a data centre from their Kogarah logistics precinct. The retreats follow community opposition and a NSW parliamentary inquiry callin
The Mingtiandi Tokyo Forum on 10 Nov 2026 will feature panels on Japanese capital flows into overseas real estate and domestic yield strategies. Speakers include Barings Real Estate Australia's James King, PAG's Masami Takizawa, and Mitsui Fudosan Investment Advisors' Takayuki Fukui.
PLDT Inc. says the proposed $500-million nationwide subsea fibre-optic cable project remains under discussion as construction costs, investment returns and demand are assessed. The company is also prepared to pursue the IPO of VITRO REIT once market conditions become favourable, with the earliest wi
The Central Bureau of Investigation has filed four chargesheets in the Manesar land scam case, naming M3M Group promoter Roop Bansal as an accused. The case involves alleged collusion between private builders and government officials to acquire land from farmers at undervalued prices. The next heari
Hextar Technologies Solutions Bhd (HexTech) is asking non-interested shareholders to approve the sale of its wholly-owned subsidiary Guper Bonded Warehouse Sdn Bhd, which holds five freehold parcels in Nilai, Negeri Sembilan. The related-party transaction is expected to generate total cash proceeds
MARC Ratings has downgraded YNH Property Bhd's RM700 million Sukuk Wakalah programme to B (IS) and placed it on MARC Watch Negative after a RM6.8 million reserve-account shortfall triggered a technical default. The developer's ability to meet a RM170 million sukuk maturity in February 2027 depends o
Hektar Real Estate Investment Trust has cancelled a unitholders' meeting scheduled for Nov 16 to consider its RM125 million acquisition and lease of KYS KL East International School. The manager, Hektar Asset Management, cited outstanding conditions precedent under the sale and purchase agreement th
OpenAI has closed US$11 billion in new funding, the initial tranche of a round that values the company at US$1.25 trillion, according to a Bloomberg News report. The deal was confirmed on 6 Nov 2026.
Experts call for research into menopause's economic toll on Singapore, where 74% of affected women say symptoms interfere with work. Advocates warn that unsupported health needs may drive experienced women from the workforce as the population ages.
North Korea rewards top hackers with perks such as spacious apartments in Pyongyang and large hard currency awards, according to defectors. The programme, more than a decade old, selects 200 of the smartest middle-school students each year to become elite cyber operatives who carried out the Binance
Singapore biomedical startups Lion TCR and BetaLife are expanding into China to accelerate development of new cancer and diabetes treatments. They are leveraging China’s vast patient pool, hospital networks and manufacturing capabilities, while navigating the country’s evolving regulatory landscape.
Datuk Lee Yeow Seng has stepped down as a non-independent non-executive director of IOI Corp Bhd, effective 6 Nov 2026, to dedicate more time to his leadership at IOI Properties Group Bhd. His resignation comes as the property arm, with a significant Singapore presence, prepares for the listing of I
Singapore Post's net profit for the first half of its financial year rose 183.7% year-on-year to S$55.9 million, driven by one-off gains from the sale and leaseback of 10 HDB post office shophouses. Underlying net profit more than doubled to S$11.5 million despite a 1.3% dip in revenue to S$185.9 mi
Brent crude is on track for a 12 per cent weekly drop and WTI for 12.1 per cent, driven by expectations that the US Democrat midterm win could de-escalate the Iran war. However, renewed tanker attacks in the Strait of Hormuz and supply concerns have provided a floor, with both benchmarks rising for
IOI Corp Bhd has identified at least two additional plantation estates near Tenaga Nasional Bhd grid points for potential solar leasing, following its landmark 500MW Bahau project. Group CEO Datuk Lee Yeow Chor confirmed the group is evaluating further opportunities but did not name the estates.
Shares of Elon Musk's SpaceX and Tesla slumped on Thursday, extending losses from the previous session, as investors worried that Democratic wins in the US midterm elections could slow data centre build-outs and complicate a potential merger of the two companies.
A 2,800-year-old Scythian burial mound in Siberia's Uyuk Valley has produced the earliest direct evidence of cannabis consumed for its mind-altering effects. Researchers found over 1,400 cannabis seeds and detected THC in human hair from the tomb, predating previous evidence by centuries.
Kobay Technology Bhd’s property development division reported a 95% jump in pre-tax profit to RM1.43 million for the first quarter ended Sept 30, 2026, driven by short-term rental income, despite a 29% drop in revenue to RM7.21 million. The division returned to profit from a pre-tax loss of RM1.27 m
Jeff Bezos' Blue Origin has pushed back the launch of its New Glenn rocket to January 2027, following a major explosion earlier this year, according to a Financial Times report citing sources familiar with the matter.
Singapore-listed UOL Group has abandoned talks to buy the Hyatt Regency Hong Kong Tsim Sha Tsui from New World Development and the Abu Dhabi Investment Authority, scuttling what would have been Hong Kong's biggest hotel deal this year. The HK$3 billion (S$382 million) transaction for the 381-key pro
Philippine bank lending growth accelerated to an 11.4 per cent year-on-year increase in September, the fastest in four months, driven by sustained demand from businesses and consumers. The Bangko Sentral ng Pilipinas reported total outstanding loans reached P15.265 trillion, with notable gains in cr
Mingtiandi's third annual Tokyo Forum will feature a keynote panel with senior executives from EQT Real Estate, Alyssa Partners and Colliers. The event, taking place at the Mandarin Oriental Hotel, will also host a panel on Asia-Pacific residential strategies.
Temasek-owned Mapletree Investments has appointed Citigroup, DBS and Morgan Stanley for a Singapore IPO that could raise at least S$1 billion ($783.6 million). The listing could take place as soon as next year, though the assets to be included have not yet been decided.
Primelectric Holdings President and CEO Roel Castro delivered the opening keynote at the i4C.PH 2026 summit on 3 Nov 2026, emphasising reliability, infrastructure security and operational resilience. He outlined the company's investments in flexible grids, technology upgrades and workforce preparedn
Ho Chi Minh City's People's Council has approved financing mechanisms allowing the city to issue municipal and project bonds through the Vietnam International Financial Center (VIFC) to fund major infrastructure. The city expects to borrow up to VND49.291 trillion (US$1.9 billion) between 2026 and 2
Sentral REIT’s realised net income rose 0.5% to RM59.72 million for the nine months ended Sept 30, 2026, driven by higher occupancy and rental rates. Portfolio occupancy hit 90%, up four percentage points from a year earlier, marking six consecutive quarters of improvement.
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