S-REITs and the regional REIT market, real estate funds, institutional mandates and cross-border transactions.
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
Tishman Speyer has secured a US$75 million commitment from a German pension investor for its Korea Living Venture, bringing total equity to US$395 million. The fund, which also has backing from Dutch pension investors APG Asset Management and Bouwinvest, is expected to support over US$800 million in
Marvell Technology raised its fiscal 2028 revenue forecast to about US$20 billion on 6 Oct 2026, surpassing Wall Street estimates, as demand for its custom data center chips surges alongside rising AI spending. The company also forecast fiscal 2031 revenue of US$70 billion to US$90 billion, far abov
Macquarie Capital has invested in hyperscale data centre developer Zerra, which has more than 2 gigawatts of planned IT capacity across Australia, Japan and India. Global real assets investor AGP, which set up Zerra, remains majority shareholder. Macquarie Capital is already a partner in Zerra’s Wes
Philippine headline inflation accelerated to 7.2% in September, its fastest pace since March 2023, driven by food supply disruptions, higher global oil prices and rising transport and utility costs. The rate matched the Bangko Sentral ng Pilipinas' upper estimate and ended four months of deceleratio
The World Bank kept its 2026 GDP growth forecast for the Philippines unchanged at 3.7%, calling the country an 'outlier' in East Asia due to its exposure to high energy prices and limited gains from the global AI boom. Unlike regional peers, the Philippines has not benefited from AI-related investme
PLDT Inc. has postponed the initial public offering of its data centre arm VITRO REIT to 2027, blaming current market conditions and rising interest rates. The company had earlier targeted an Oct 12 listing on the Philippine Stock Exchange. VITRO aims to raise up to P24.2 billion through the offer o
ACEN Corp, the Ayala group's listed energy platform, has secured a €50-million term loan facility from ING Bank's Manila branch. Proceeds will finance renewable energy investments and general corporate purposes, with ING's Singapore branch acting as agent.
PetroGreen Energy Corp. has secured a P1.24 billion loan from Rizal Commercial Banking Corp. to develop the 40-megawatt-direct-current Limbauan Solar Power Project in San Pablo, Isabela. The facility, which will use 52,640 solar panels from China's Trina Solar, is expected to generate 59 GWh of elec
The PPP Center of the Philippines has signed a memorandum of agreement with Lapu-Lapu City to assist the local government in developing public-private partnership (PPP) projects. The deal covers advisory services, technical assistance and access to the Project Development and Monitoring Facility. As
The United States has discussed starting reciprocal visits to nuclear sites with China, with discussions held on the sidelines of UN Security Council permanent member gatherings. The idea was initially raised by China this year and includes visits to US Department of Energy national laboratories and
The Land Transport Authority is calling a tender to install rail dampers along noisier stretches of the Thomson-East Coast Line. The devices will be placed between Springleaf and Lentor, Stevens and Napier, and Bright Hill and Upper Thomson stations to reduce noise from tighter track curves.
Global investors including Blackstone, Bain Capital and Warburg Pincus are expected to submit final bids for Fuji Media's property unit, Sankei Building, by end-October. A deal could value the unit at around 1 trillion yen (S$6.3 billion) including debt, marking one of Japan's largest-ever real esta
Academics from the Singapore University of Technology and Design say the delay of the North-South Corridor to a 2029 opening has extended years of disruption for residents and businesses. They argue that the cumulative burden of repeated route changes, noise and dust deserves more attention, and cal
IJM Corporation Bhd has appointed former KPMG Malaysia managing partner Datuk Johan Idris as its independent non-executive chairman, effective 5 Oct. He succeeds Tan Sri Krishnan Tan, who retired at the group's AGM in August.
MKH Bhd's moneylending subsidiary, MKH Credit Corporation Sdn Bhd (MKCC), had RM127.92 million in outstanding loans and advances as at Sept 30. Unsecured loans to companies within the MKH group accounted for the bulk of the balance at RM119.5 million.
All Philippine provinces are expected to face drought conditions by end-March 2027 due to a strong El Niño, officials announced on Monday. The government outlined a multi-agency response focusing on water conservation, food stockpiles, and partial funding, with over 388,000 people already affected a
Listed construction firm EEI Corp. has appointed Andres P. Tumbokon III as chief transformation officer and promoted three other executives in a restructuring aimed at consolidating its building and engineering operations. The changes took effect on 2 Oct 2026.
FILINVEST REIT Corp. chairman Joseph M. Yap will take over as president and CEO from Oct. 15, replacing Maricel Brion-Lirio who is retiring. The leadership change comes as the REIT reports higher revenue and net income for the first half of 2026.
A Visa study of 14,250 consumers across 14 Asia-Pacific markets found that 46 per cent are likely to use stablecoins within five years, though only 6 per cent accurately understand how they work. Weak trust and understanding remain the main barriers, with 38 per cent of aware non-users citing fraud
The National Housing Bank has ordered a forensic audit of SRG Housing Finance after earlier findings flagged possible fictitious loans of ₹300 to ₹400 crore. The investigation will examine whether the Udaipur-based lender created dummy accounts, manipulated repayment records and offered the same ass
Taiwan's National Development Fund has amended its AI investment programme to allow funding for offshore companies that maintain their primary business activities, R&D, hiring or revenue generation in Taiwan. The move follows the fund's NT$10 billion (US$314.17 million) commitment over 10 years, wit
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