Office, retail, industrial and logistics property, hospitality assets and the data centre pipeline.
Marina Budiman from Indonesia is the wealthiest female in the region with a net worth of US$6 billion, according to real-time data from Forbes. The 64-year-old is the cofounder and president commissioner of data centre company DCI Indonesia, a company established in 2011. She cofounded Indonet, the first internet service provider in Indonesia, in 1994. Last year, she ranked eighth among Indonesia's 50 Richest and claimed the 16th place in Forbes' list of World's Richest Self-Made Women. Somurai Jaruphnit from Thailand is the second-richest woman in South-east Asia with a fortune of US$4.4 billion.
Vietnam's Petrovietnam and South Korea's KEPCO have agreed to speed up discussions on building the Ninh Thuan 2 nuclear power plant. The talks cover technology, investment and financing options, with about 97.5 per cent of required land already cleared.
Crescendo Corp Bhd has received the balance purchase price and late-payment interest for a RM263.21 million Johor land sale to MSFusion Sdn Bhd, intended for a data centre. The payment was made on 9 Sept 2026, following a default notice issued in August.
Singapore-listed Centurion Corp has agreed to buy a 7,974-bed purpose-built worker accommodation in Pasir Gudang, Johor for RM214.5 million. The deal will be the group's largest such asset in Malaysia and increase its Malaysian bed capacity by 22% to 43,980 beds.
An office unit at MOF Inc Tower in Kuala Lumpur has been rented for RM80,130 per month, reflecting RM7.10 psf. The tenant was attracted by the fully furnished fit-out and the layout, which allowed immediate occupancy.
Thai Obayashi Corporation is developing the O-MESH Ratchadamri project, an 8-billion-baht mixed-use development in Bangkok. The project is scheduled to open in 2029.
The Philippines’ Department of Public Works and Highways and the Japan International Cooperation Agency have signed a technical cooperation agreement to boost capacity for bridge replacement and rehabilitation, as well as road tunnel construction. The agreement also covers urban drainage management
Wholesale price growth of construction materials in Metro Manila accelerated to a 3.6% year-on-year increase in August, the fastest in three years. The Philippine Statistics Authority attributed the rise mainly to higher prices of concrete products.
ASML has begun construction of the BIC North production campus on 35 hectares near Eindhoven Airport, adding capacity for up to 20,000 workers. The expansion comes as the chip-equipment maker races to fulfill orders for EUV lithography tools booked through 2027, driven by surging AI demand.
De La Salle University and GCash have launched a fintech engineering elective for undergraduate students to build a pipeline of locally trained technology talent. The NextGen Tech Builders Program includes classroom instruction, hands-on training and a fintech capstone project.
TRC Synergy Bhd's wholly-owned subsidiary TRC Construction Sdn Bhd has accepted a RM149.98 million subcontract from Gamuda Engineering Sdn Bhd for underground services works at a hyperscale data centre. The contract commenced on 14 Aug 2026 and is scheduled for completion by 25 Nov 2026.
The Waterfront Shoppes, the 1.6 million sq ft retail component of the 4.1 million sq ft The Light City integrated development in Penang, will soft-open on Oct 29, 2026. The mall features around 300 retail spaces across four levels and is developed by IJM Corp Bhd and Perennial Holdings Private Limit
QES Group Bhd's Singapore unit has agreed to acquire two freehold Clean Industrial (B1) units at Space Nova for S$5.47 million (RM17.49 million). The fifth-storey units at 21 New Industrial Road will provide additional office and product-demonstration space to support the company's expansion in Sing
Kwasa Land is looking for an operator for a five-acre hospital plot within the 2,255-acre Kwasa Damansara township in Selangor, which is expected to house 100,000 residents by 2050. The township is planned for 27,335 residential units, including 11,200 affordable homes, as it enters its next develop
Singapore's Ministry of Digital Development and Information (MDDI) has introduced the Digital Infrastructure Bill in parliament, proposing licensing regimes for data centres and major cloud services. Operators of data centres with a critical IT load of at least 3MW must meet energy efficiency requir
NCT Alliance Bhd has started handing over vacant possession for the first phase of its NCT Smart Industrial Park in South Selangor, and launched the 241-unit KM2 component of Phase 2. Phase 1 comprises 280 solar-equipped industrial units with nearly 90% take-up, making NSIP the first development und
Sime Darby Property Bhd has unveiled Prestige Collection 1, its first ready-built semi-detached factories at BBR Business Park in Bandar Bukit Raja, Selangor. The 5,040 sq ft units were launched at the Bandar Bukit Raja Industrial & Commercial Connect 2026 event, where the developer also previewed Q
Industrial land with confirmed power capacity is commanding a growing premium in Thailand as the data centre boom intensifies competition for sites. Savills (Thailand) reports the trend is pushing up prices across key industrial zones.
Industrial demand in the Philippines remained robust in H1 2026, led by semiconductor, FMCG and food firms seeking modern warehouses near ports and expressways. Colliers reports 230 ha of new supply in Southern and Central Luzon, while vacancy improved to 13.1% and modern warehouse rents rose 8% HoH
Bangkok authorities have suspended new data centre licences and ordered existing facilities to comply with environmental and safety rules, as concerns mount over fuel storage, energy use and zoning loopholes in residential and commercial areas of the Thai capital.
Huawei launched the Mate XT2, a new foldable smartphone with a tri-fold design and its own Kirin 9050 Pro chip, on 7 Sept 2026. The launch is part of an intensifying competition in China's premium handset market, with Xiaomi and Apple also unveiling new devices this week.
LBS Bina Group has signed a tenancy agreement with Mydin Mohamed Holdings for a supermarket at KITA @ Cybersouth in Dengkil, Selangor. The MYDIN outlet will occupy about 1.37 acres with a 24,000 sq ft built-up area, becoming the township's first supermarket.
Singapore's five richest billionaires saw their combined net worth fall 7% to US$90.6 billion as the wealthiest man, Eduardo Saverin, lost US$10.1 billion. Kwek Leng Beng and family retained second place with US$16.1 billion, reducing the gap with Saverin to US$16.8 billion from US$28.7 billion last
The Commission on Audit has flagged the Laguna Lake Development Authority for failing to recognise a 4,790-sqm land asset valued at P218.8 million in its books. The audit also found discrepancies in the agency's paid-up capital and lapses in enforcement of aquaculture and pollution penalties.
Senator Erwin T. Tulfo has called for the rapid enactment of the Masterplan for Infrastructure and National Development (MIND) Act to stop public fund wastage on substandard infrastructure projects. He made the push during deliberations on the proposed 2027 national budget, citing recent rain damage
A subsidiary of Tata Consultancy Services, HyperVault, will invest up to 700 billion rupees ($7.41 billion) to build a 1 gigawatt AI data centre campus on 264 acres in Hyderabad, Telangana. The phased development targets AI companies and hyperscalers, and is expected to rank among India's largest AI
China has begun mass production of domestically developed immersion deep-ultraviolet (DUV) lithography machines, which could help it produce more advanced chips than the Kirin 9030 Pro. However, analysts say the technology still lags behind extreme ultraviolet (EUV) lithography, which remains restri
Industrial property prices in Sepang, Selangor, range from RM300,000 to RM18.21 million, with location less decisive than asset-specific factors such as land area, built-up size and tenure, according to Oregeon Property Consultancy data from 2023–2025. The analysis reveals three broad price tiers: l
Shin Yang Group Bhd has agreed to acquire an 8.316ha leasehold industrial property in Kuching, Sarawak, for RM34 million from Forescom Plywood Sdn Bhd. The related-party transaction will support the expansion of the group's door-to-door logistics operations.
Gamuda Bhd’s consortium with MTR Australia has secured an A$880 million (RM2.54 billion) design-and-build contract for the future Parramatta metro station in Sydney. The award also includes development rights for four integrated commercial, retail and residential projects above and adjacent to the s
PNB Holdings Corp. is expanding sustainability measures across its P80.9 billion property portfolio, including a shift to 100% renewable electricity at two major Metro Manila commercial assets via a partnership with First Gen Corp. The company has also introduced energy-efficiency upgrades, water-sa
Commercial real estate trading in Australia rose 13% in Q2 2026, MSCI reports, as Investa CEO Peter Menegazzo is set to appear in a spotlight interview at the Mingtiandi Australia Forum on 15 September. Menegazzo will discuss the firm's recent A$558m North Sydney acquisition and a subsequent A$1.8bn
Microseries platform aTwist launched on Thursday with 10 original series and curated library content, targeting mobile-first viewers. The platform, formerly known as MicroCo, is available in eight markets including the US, UK, India and Australia.
Thai developer Sansiri Plc is buying The Lake Como EDITION for more than €200m. The acquisition, set to close by the end of September, marks the company's entry into the European luxury hospitality market through its private-equity fund Sansiri Capital.
Kerjaya Prospek Group Bhd has secured an RM858 million contract for mechanical, electrical and plumbing fit-out works at a data centre in Iskandar Puteri, Johor. Separately, the group has completed the acquisition of the remaining 40% stake in Tanjung Bungah Development Sdn Bhd, making it a wholly-o
Media Chinese International Ltd has agreed to sell its former media operations office and printing facility in Richmond, British Columbia, for C$6.85 million (RM19.88 million). The freehold property, which has been vacant since February, is expected to generate an unaudited gain of about C$5.26 mill
India's Civil Aviation Ministry is examining ways to simplify and expedite no-objection certificates for construction near airports, including the possibility of urban local bodies issuing NOCs. The minister has set a 15-day timeline for officials to work out modalities for a more automated, transpa
A shop at USJ Sentral 3 in Subang Jaya, Selangor, was sold for RM3 million in a deal completed on 29 Jan 2026. The 8,232 sq ft six-storey unit changed hands at RM358.36 psf after six months on the market.
Ayala Land will integrate its Urban Estates and Regional Estines businesses under the AyalaLand Estates Group effective 1 Jan 2027. The reorganiation is intended to strengthen long-term growth strategy, with Jaime Z. Urquijo appointed to lead the combined unit.
The Philippine hotel industry expects 150 new hospitality projects adding 40,000 rooms over the next five years, according to the Philippine Hotel Owners Association. International arrivals reached 4.11 million in the first eight months of 2026, up 3.7% year-on-year but still below pre-pandemic leve
AB Capital Investment has acquired the 161-room Residence Hotel Stripe Sapporo, adding a 15th hospitality property to its Japan portfolio. The apartment-style hotel near Hokkaido University and JR Sapporo Station will be refurbished and repositioned under an operating partner.
German life sciences firm Eppendorf SE has leased an 11.82-acre site at Bandar Cassia Technology Park in Penang from the Penang Development Corporation for 60 years. The company plans to invest about €40 million (RM186 million) in a greenfield facility, with production expected to start gradually in
Think City managing director Datuk Hamdan Abdul Majeed says Seberang Perai will drive Penang’s growth over the next 50 to 100 years as the island runs out of land. The mainland, which contributes nearly half of Penang’s manufacturing value and houses more than half its workforce, is shifting from an
Frasers Property has bought the Cuppage Terrace conservation shophouses on Orchard Road for S$175 million. The developer plans to integrate the 17-unit enclave with the adjacent The Centrepoint to create a larger lifestyle precinct aligned with the government's rejuvenation plans for the shopping di
Moody's Ratings has identified energy security shortcomings as a key bottleneck for the Philippines' data centre industry, which has not scaled to the extent of its regional counterparts. The Philippines and Vietnam are classed as "early-stage" markets, while Malaysia and Singapore have captured the
The World Trade Center Association says Philippine economic zones that combine infrastructure, incentives and investment support are well-placed to attract data centre investment. The recent lifting of the moratorium on new IT park applications in Metro Manila could also drive growth.
Eight commercial tenants at The Animal Lodge in Sungei Tengah will lose their leases when they expire in December 2026 after failing to meet minimum requirements in a tender exercise. Seven are dog breeders and one operates a pet boarding facility. The remaining 27 tenants will be allowed to stay un
More than 50 tenants at City Sprouts' Punggol East container park must cease operations by 31 Oct 2026, as the land is returned to the Singapore Land Authority. The social enterprise received notice in May and has secured alternative space at Pasir Ris Park, but tenants say the short notice has left
The Philippine Association of National Advertisers has opened entries for the PANATA Awards 2026, now in its 17th year. The awards recognise advertiser-led campaigns that deliver measurable business results while upholding high standards of strategy, creativity and responsible stewardship.
The Philippine Association of National Advertisers and Certified Digital Marketer will host Brand Masters Collab 2026 on 9 Sept at Makati Diamond Residences. The one-day forum themed 'Human Edge: Brand Building in the Age of AI' will gather over 200 brand leaders to examine the role of human judgmen
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