S-REITs and the regional REIT market, real estate funds, institutional mandates and cross-border transactions.
Saigon Beer-Alcohol-Beverage Corporation (Sabeco) and the Vietnam Fatherland Front launched the 2026 Ambassador of National Progress Award in Hanoi on Oct. 16. The award recognises individuals whose initiatives have brought positive changes to communities, with nominations now expanded to all 34 pro
Vietnam targets GDP growth of at least 10% in 2027, with GDP per capita of $6,100 and CPI growth around 4.5%, Prime Minister Le Minh Hung told lawmakers. The government also reported 9.01% GDP growth in the first nine months of 2026, among the fastest in Southeast Asia.
DLF reported a 10.3 per cent rise in net consolidated profit to ₹1,301.35 crore for the September quarter, with total income up 1.6 per cent to ₹2,297.30 crore. New sales bookings hit ₹3,800 crore, and the company maintained a net cash position of ₹15,084 crore despite a ₹1,980 crore dividend payout
Tesla unveiled a redesigned Roadster with SpaceX-developed rocket thrusters at a Texas event, saying production will begin in 2028. The two-seater can accelerate from zero to 97 kmh in under a second and travel over 480 km per charge.
A government valuer told the High Court that no additional compensation would be payable to Semantan Estate for the Duta Enclave land if his valuation, which excluded interest, was accepted. His assessments fell below the RM1.39 million already paid by the government.
Houthi missiles struck the presidential palace in Aden on Thursday, killing at least four people and wounding 10, as Saudi Arabia accused Iran of encouraging the escalation. The attack targeted command centres used by Yemeni government forces and the Saudi-led coalition.
IOI Properties Group has fixed Oct 30 as the entitlement date for its restricted offer of 550.61 million units in IOIPG Malaysia Real Estate Investment Trust to shareholders. Eligible holders can buy one REIT unit for every 10 IOIPG shares held, with acceptance closing on Nov 10 and listing tentativ
Minox International Group has applied to Bursa Malaysia for the listing of new shares to fund its RM15 million acquisition of Johor residential developer Pembinaan Dragon Point. The purchase will be paid partly in cash and partly via new shares, as Minox diversifies into property development.
SD Guthrie Bhd's non-interested shareholders have approved the proposed RM418.51 million cash sale of about 556.96 acres of freehold land in Kulai, Johor, to a wholly-owned subsidiary of Sime Darby Property Bhd. The disposal is expected to generate a net gain of approximately RM373.36 million and is
Haus Talk, Inc. used P498.64 million of its bond proceeds in the third quarter for project development and land banking, representing 97.7% of the P510.2 million disbursed. The company had P738.7 million in unspent net proceeds as of end-September.
Ramp, a financial technology company offering corporate cards and expense management, has raised US$1.85 billion in a primary financing round that values the firm at US$60 billion. The round was led by Dragoneer Investment Group and co-led by Thrive Capital, Founders Fund, Sands Capital and Avenir G
India has postponed the 0.4 per cent transaction fee on UPI payments above 2,000 rupees until after Deepavali, giving retailers more time to prepare. Merchants are concerned about added costs, while experts argue the fees are needed to sustain the fast-growing payments network.
Chinese automaker Chery will introduce a five-seater electric SUV under its iCAUR brand in Britain in early 2027. The launch comes three years after Chery entered the UK market and as its brands hold a 7 per cent share of British sales so far this year.
CK Hutchison, controlled by Hong Kong's richest man Li Ka-shing, is doubling down on oil via its stake in Cenovus Energy, which agreed to buy Athabasca Oil for C$5.7 billion (US$4 billion). The deal follows Cenovus's C$8.6 billion acquisition of MEG Energy, underscoring the group's bet on fossil fue
Pyongyang test-fired two types of submarine-launched cruise missiles into the East Sea on Wednesday, state media said. The launches, described as a navy training exercise, came amid escalating tit-for-tat missile tests with Seoul following a landmine blast along the border.
US President Donald Trump has granted a sanctions waiver for Russian diesel imports and declared an energy ceasefire that Russia has not confirmed. War studies lecturer Samir Puri argues these moves pressure Kyiv more than Moscow, weakening Ukraine's position as it faces winter blackouts and potenti
JAG Bhd has proposed acquiring freehold industrial land in Shah Alam from Japan's Kobe Steel Ltd for RM36.89 million to support the expansion of its total waste management business. The purchase price is about 12.2 per cent below the RM42 million market value assessed by Laurelcap Sdn Bhd.
Oriental Holdings Bhd's share subscription agreement for a 96.84% stake in Northam Georgetown Sdn Bhd became unconditional on Oct 14, after remaining conditions were fulfilled or waived. The deal is part of a broader RM411 million related-party acquisition package involving three Penang properties.
Fraser & Neave Holdings has finalised the sale of its entire 50% stake in Vacaron Company to Tan & Tan Developments at RM181.55 million, a slight reduction from the interim price. The final consideration was set after an audit of Vacaron's accounts, with the land valued at RM360 million.
Ukrainian drones hit Russia's biggest data centre, owned by Sberbank, on 14 Oct, in attacks targeting Moscow's AI ambitions. Sberbank said all systems were operating normally, while Yandex data centres were also struck in the past week.
The Philippine Chamber of Commerce and Industry (PCCI) has urged the government to prioritise reforms in economic corridors, energy security, agriculture and tax administration to enhance national competitiveness. The call came in resolutions presented at the 52nd Philippine Business Conference and
The Philippine Commission on Audit flagged nearly P40 billion in unrealised investment losses at the Social Security System, along with P490.21 million in pension overpayments to deceased beneficiaries. The 2025 audit report also highlighted underused properties, weak risk management, and 44 unimple
The Philippine Department of Social Welfare and Development will roll out portable water filtration kits and establish community water depots starting next week, targeting areas under a state of calamity due to El Niño. The free gravity-powered kits attach to household buckets and require no electri
The Department of Transportation said its P1.8-billion Navotas feeder bus rapid transit project has entered the right-of-way acquisition stage, with financing arrangements under negotiation. The two-line system is expected to serve 12,674 passengers daily and connect to major rail networks.
Maya Philippines is in talks with the Bangko Sentral ng Pilipinas to launch a Personal Equity Retirement Account product and is currently testing it on its platform. The company is also seeking a partner for PERA onboarding, aligning with the central bank's push to promote the voluntary retirement s
Saudi Aramco's headquarters in Dhahran was attacked on Tuesday night, causing a limited fire in an administrative building, with no injuries or deaths reported. The Houthis claimed the strike, part of an intensified campaign against Saudi targets amid the reignited Yemen war.
Blackstone-backed AirTrunk has delayed a planned Singapore REIT listing that could have raised more than US$1 billion (S$1.4 billion), citing market volatility and uncertainty over US interest rates. The offering could come to market in the first or second quarter of 2027, according to a Wall Street
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
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