US President Donald Trump announced at a rally in Alaska that Taiwan has agreed to purchase 30 per cent of the liquefied natural gas from the proposed Alaska LNG pipeline project. Commerce Secretary Howard Lutnick added that Taiwan has committed to investing US$4.4 billion in the development, though
Battersea Power Station Development Company has secured a £280 million (RM1.51 billion) refinancing loan from CIMB, OCBC, Maybank and Standard Chartered to fund the next phase of the London regeneration. The loan will support development of the remaining 16 acres, including new homes, commercial spa
IOI Properties Group Bhd has clarified that a potential secondary listing on the Singapore Exchange remains under management evaluation, with no formal proposal submitted to its board. The group also noted it has appointed DBS Bank and Jefferies as advisers for a private fund to monetise its Singapo
Paraguay and Belize on Monday condemned sanctions imposed by Beijing on two of their ministers over their countries' ties with Taiwan, calling the measures unwarranted and a source of unnecessary tension. Both governments reaffirmed their support for Taiwan and said the sanctions would not alter the
Google has released its flagship AI model, Gemini 4 Argon, to developers and businesses worldwide. The launch follows months of delays and a leadership shakeup at its DeepMind lab. API pricing starts at US$2 per million input tokens and US$10 per million output tokens.
The House of Representatives has approved on third and final reading a bill renewing Cebu Pacific's legislative franchise for another 50 years. House Bill No. 11536 passed with 289 affirmative votes, none against, and two abstentions. The measure now moves to the Senate for further consideration.
The Department of Economy, Planning, and Development (DEPDev) has launched the Provincial Development Planning (ProvDP) Framework to help provinces align development plans, budgets and implementation with measurable results. The framework, supported by the Asian Development Bank, covers a six-year p
Leaders of India's youth-led Cockroach Janta Party were detained on Tuesday after entering Jantar Mantar, a New Delhi protest site that police had removed from the official list a day earlier. The detentions come amid ongoing demonstrations demanding the resignation of the head of the Election Commi
Aditya Birla Sun Life AMC and global investment firm BGO are targeting a US$1 billion real estate portfolio in India over the next two to three years. The platform has invested over US$200 million since 2022 across 19 projects in six cities.
Investor portfolios have become alarmingly reliant on the fortunes of the AI trade, which now spans stocks, real estate, infrastructure and energy, says Katie Martin for the Financial Times. The S&P 500 hit a record last week, but stripped of AI, the index has fallen 7 per cent since end-August.
Astral Asia Bhd has received a RM2.34 million interim deposit from HNG Capital Sdn Bhd under a memorandum of understanding for the proposed RM233.57 million sale of 2,433 acres in Kuantan Hi-Tech Park, Pahang. The land, owned by subsidiary Astral Asia Plantation Sdn Bhd, is earmarked for a solar far
The Visayas grid could face further red and yellow alerts if battery storage and diesel barge projects are delayed, the Department of Energy said. The agency is counting on 253 MW of BESS capacity by end-2026 and 293 MW of diesel power by the first quarter of 2027 to avert supply shortfalls.
The Bureau of Internal Revenue plans to launch an online value-added tax refund application system by 2027, later than the 2026 target in its previous strategic plan. The system will accept supporting documents and let applicants track claim status.
IOI Properties Group has signed an underwriting agreement for 165 million offer units in the proposed IOIPG Malaysia REIT IPO. Separately, the group has submitted a joint expression of interest with a CapitaLand-managed entity to acquire One Raffles Place in Singapore on a 50:50 basis.
RHB Research has maintained its overweight call on Malaysian property stocks, saying the sector's recent sell-off has priced in much of the downside. It expects the Johor-Singapore Special Economic Zone master plan, slated for December, to provide catalysts, and names Eco World Development Group as
Taiwan's Ministry of Agriculture is developing standardised professional teaching materials for pet care training, with publication expected as early as 2028. The ministry also plans to work with the Ministry of Labor to introduce a pet care technician certificate once the materials are in place.
King Mswati III of Eswatini thanked Taiwan for donating military helicopters during a visit to a flight training centre in Tainan with President William Lai. The helicopters, donated in 2020, have been used for medevac flights in the African kingdom.
A military-use quadruped robot dog built on Ghost Robotics' Vision 60 platform was exhibited at the Taiwan-Japan Future Technology Forum in Taipei. The robot, capable of reconnaissance, surveillance and armed engagement, has already been used in Japanese Self-Defense Forces exercises.
Economists warn that renewed price shocks and a severe El Niño could de-anchor inflation expectations in the Philippines, keeping the central bank on a tightening path. Bangko Sentral ng Pilipinas Governor Eli Remolona flagged the El Niño as a top concern, while September inflation hit 7.2%, a three
Three proposed sustainable aviation fuel projects in the Philippines are still looking for equity partners, according to the Board of Investments. The developers, using different technologies and feedstocks, hope to have the projects operational by 2030.
The Bureau of the Treasury raised P167.25 billion in new money from its latest retail Treasury bond sale, exceeding its P150 billion target. The strong demand gives the government more flexibility in its borrowing programme amid volatile markets.
Legislative Speaker Han Kuo-yu warned at the Double Ten National Day ceremony that Taiwan's democracy must not be seen as a 'fake democracy, real dictatorship.' He cited recall campaigns against opposition lawmakers as 'political persecution' and accused the executive branch of refusing to countersi
President William Lai, in his Double Ten National Day address, said Taiwan welcomes US-China dialogue to reduce conflict risk but insists it must respect World War II history and the Taiwanese people's right to exist. He highlighted Taiwan's increased defence spending and civilian defence efforts, a
President William Lai in his Double Ten National Day address called for multiple industries across Taiwan's economy to form a 'chain of guardian mountains', rather than relying on a single pillar such as TSMC. He outlined government measures including a NT$100 billion SME programme, expanded foreign
India's telecom minister said the country does not allow monopolies, after Elon Musk accused Mukesh Ambani of using political influence to block Starlink's launch. The government earlier called suggestions of an unfair licensing process 'baseless and misconceived'.
Affin Group has welcomed Budget 2027, saying its focus on fiscal consolidation, cost-of-living relief and business growth could support domestic activity and strengthen Malaysia's long-term competitiveness. The banking group highlighted measures including a RM20 billion housing financing guarantee a
Norse Atlantic Airways will lease two Boeing 787-9 Dreamliners to Pakistan International Airlines (PIA) under an ACMI contract. The deal helps the struggling Norwegian carrier shore up its finances after losing a major wet-lease customer in July. Flight operations for PIA are expected to begin in No
Apple has slashed component orders for its iPhone 18 Pro and Pro Max by at least 15 per cent for October, citing soft demand and rising memory chip costs, Nikkei Asia reported. The move follows price increases for the new handsets and broader market weakness.
Singapore Airlines will introduce new closed-toe wedge shoes for female cabin crew from January 2027, replacing the open-toe sandals worn with the iconic sarong kebaya uniform. Developed over 31 months with local brand Pazzion, the batik-inspired design aims to improve comfort, safety and durability
Sime Darby Property, the Employees Provident Fund and the Armed Forces Fund Board are establishing a RM1.25 billion fund to develop data centres and logistics assets in Elmina, Selangor, under Malaysia's Budget 2027. The initiative is part of RM25 billion in domestic investments mobilised through go
SD Guthrie Bhd has resolved its five-year legal dispute with Penang Development Corp over the compulsory acquisition of its Byram Estate, securing an additional RM68.01 million in compensation. The total compensation for the 380-acre site now stands at about RM241 million.
Firmus, the Australian AI data centre operator backed by NVIDIA, has shelved its initial public offering due to recent market volatility. The company will instead pursue a private fundraising round and consider other public and private market options.
The Philippines has signed a €212.7 million (P14.9 billion) loan with the World Bank to finance water supply and sanitation projects in Bohol, Siargao and Jolo. The agreement, signed by Finance Secretary Frederick D. Go and World Bank Division Director Zafer Mustafaoğlu, supports the first phase of
Shares of Maas Group, which owns 3.2 per cent of Nvidia-backed AI data centre operator Firmus, fell as much as 30 per cent on Thursday following reports that Firmus may reduce the size of its A$5 billion Australian IPO. The company lost about A$517 million in market value, prompting a query from the
Technology companies and utilities are exploring ways to make data centres more flexible in electricity consumption, a strategy that could save between US$40 billion and US$150 billion in capital investments over the next decade. The approach, known as demand response, involves temporarily reducing
A total of 265 foreign motorists were stopped at Singapore's land checkpoints from Sep 28 to 30, with authorities recovering more than S$639,000 in outstanding fines. The multi-agency operation targeted vehicular and traffic offences, and from Nov 2, foreign vehicles with unpaid fines will be barred
The Tokyo Financial Exchange will launch futures tied to the Bank of Japan's overnight call rate this month, responding to stronger demand for hedging as the central bank shifts to more frequent policy moves. The exchange's existing three-month TONA contract has seen volumes fall sharply.
Electronics maker Salutica Bhd has proposed diversifying into property development and construction, backed by up to RM16.18 million in gross proceeds from a private placement. The group earmarks RM8 million for the new segment as it seeks to reduce reliance on loss-making manufacturing.
Scientists studying the world's oldest-known land animal, a 194-year-old Aldabra giant tortoise named Jonathan, have identified genetic traits and epigenetic markers that may explain his extraordinary lifespan. The research, published in Science Advances, found unique variants in genes linked to tum
Anthropic on Wednesday launched Claude Haiku 5.5, the third model in its Claude 5.5 family in the past month, expanding its AI lineup before a planned IPO. The new model costs 75 per cent less than its predecessor and includes built-in safeguards for high-risk cybersecurity requests.
Brookfield Asset Management has acquired eight industrial parks in India from ESR for INR 43 billion (US$450 million), marking its entry into the country's logistics sector. The portfolio spans 10.5 million sq ft across Mumbai, Pune, Delhi NCR, Chennai and Kolkata.
Analysts expect the Bangko Sentral ng Pilipinas to deliver a fourth consecutive 25-basis-point rate hike this month, bringing the key policy rate to 5.25%. September inflation surged to a three-and-a-half-year high of 7.2%, driven by fuel, food and housing costs, keeping price pressures above the ce
Manila Electric Co. chairman Manuel V. Pangilinan has signed an agreement to acquire 3.77 million Meralco shares worth P2.189 billion from San Miguel Global Power Holdings Corp. at P580.99 per share, raising his stake to about 0.34%. The deal follows a separate P12.4 billion block sale of 21.4 milli
Manila Water Co., Inc. has completed a P5.7-billion submarine transmission system for its East Bay Phase 2 project. The 31.5-kilometer pipeline, consisting of two underwater segments, will carry up to 200 million litres per day of treated water from Laguna to Taguig City.
Aboitiz Group is expanding workforce training in artificial intelligence, cybersecurity and other emerging technologies as it increases its use of digital tools across businesses. The group is investing in skills development alongside a $10-million commitment to the Asian Institute of Management.
Nuveen has secured more than A$1 billion ($679.3 million) in the first closing of its latest Australian commercial real estate debt strategy, with CPPIB and Temasek returning as backers. The funds will target senior and junior secured loans against prime industrial and residential assets.
Mirvac Wholesale Office Fund has completed the A$394 million purchase of a 50 per cent stake in Sydney’s 5 Martin Place from Cbus Property, valuing the tower at A$788 million. The deal implies a price a third higher than when Cbus took full ownership two years ago.
The High Court has begun hearing Felda's civil suit over the Kuala Lumpur Vertical City development, nearly seven years after it was filed. Felda and its investment arm seek to recover 24 land parcels along Jalan Semarak, alleging fraud and conspiracy by former chairmen, the master developer and oth
Vietnamese banks are planning nearly $7 billion in share sales by end of 2026, driven by rapid economic growth and a push from top leader To Lam to boost infrastructure spending. The wave of capital raising, the largest in the country's history, opens the door for foreign investors to increase stake
Oil prices fell more than one per cent on Tuesday, with Brent crude dropping below the psychological US$100 per barrel mark as Gulf exports inch back towards pre-war levels. The decline gave a boost to interest-rate sensitive stocks including real estate, according to AJ Bell's head of markets Dan C