Office, retail, industrial and logistics property, hospitality assets and the data centre pipeline.
Six secondary school students from three Philippine schools will represent the country at the Asia-Pacific regional finals of the 2026 FedEx / Junior Achievement International Trade Challenge in Singapore this August. The teams developed market entry strategies for AI-powered warehouse drones target
The Bases Conversion and Development Authority expects to finalise the master plans for Camp John Hay and Bonifacio Global City by the fourth quarter of this year. The CJH plan is due in October, while the Fort Bonifacio plan is set for December and will focus on mobility and open spaces to ease con
Singapore has awarded four companies – Digital Realty, Equinix, ST Telemedia Global Data Centres and Keppel Data Centres – the rights to develop 50MW each of new data centre capacity on Jurong Island. The 200MW total allocation meets the minimum capacity proposed under the DC-CFA2 application proces
Malaysia is prioritising talent development as its semiconductor sector moves into higher-value IC design, with Mida facilitating industry partnerships. Eighty Malaysian engineers have joined GreatAsic’s front-end design operations, reflecting the country’s transition from assembly-centric manufactu
7-Eleven Singapore has rolled out Take Five Spot, a self-care initiative at dine-in areas in more than 60 stores. Customers can access guided breathing exercises and mental well-being resources from MindSG.
Malaysia's largest homegrown convenience store chain MyNews evaluates potential sites using a mix of data analytics and on-the-ground assessments, says chief business development officer Ong Li Syin. The retailer considers population characteristics, foot traffic, nearby demand generators and compet
State Bank of India has acquired a commercial building and leasehold land in Pune’s Kharadi district for ₹414 crore. The 15-storey property spans about 1.84 lakh sq ft on a 2.12-acre site within Kharadi Knowledge Park.
Sunway Construction (SunCon) has landed a RM1.18 billion (S$257 million) engineering contract from a US multinational technology company. Work begins immediately and is set for completion by March 2028. The client and project locations were not disclosed.
YTL Power International, the utilities arm of Malaysian billionaire Francis Yeoh’s YTL Corp, plans to develop a 1.2-gigawatt data centre campus at Sedenak Tech Park in Johor. The project, supported by AI chipmaker Nvidia, involves an initial land purchase of 59 hectares with an option for another 16
A growing performance rift between ageing and modern office buildings in Kuala Lumpur is creating an existential dilemma for older stock, according to CBRE | WTW's Malaysia Real Estate Outlook 2026 report. Occupancy in non-prime purpose-built offices slipped from 82.8% in 2019 to 78.4% in 2025, whil
Chinese milk tea brand Chagee has opened three new stores in Singapore, including a family-friendly outlet in Pasir Ris with a children's play area. The openings bring its total in the city-state to 46, all launched within two years.
OpenAI has reduced prices for its frontier GPT-5.6 Sol model by over 20 per cent for developers via its API, cutting input token costs to US$4 per million and output tokens to US$20. The three-month promotional period comes amid rising competition from Anthropic and Chinese AI models.
The Rehda Institute Youth Initiative (RIYI) offers a year-long corporate mentorship programme for final-year university students and recent graduates to develop workplace skills beyond academic knowledge. Industry practitioners stress the importance of communication, adaptability, and a willingness
Alpha Galaxy Group has signed an MoU with Billion Group to develop a B-Grocer supermarket on roughly 2.037 acres within its 166-acre Galaxy Exchange mixed-use project in Puncak Alam, Selangor. The neighbourhood supermarket will serve nearby residential and commercial areas, acting as a key anchor fo
Frasers Property Ltd and Tan & Tan Developments Bhd plan to jointly develop PJ Quarter, a 5.15-hectare mixed-use project in Section 13, Petaling Jaya. The partnership is linked to Tan & Tan's proposed acquisition of a 50% interest in Vacaron Company Sdn Bhd, which owns the site. The first phase will
Father-and-son billionaires Raj Kumar and Kishin have reportedly placed a deposit on Scotts Square, a freehold mall in Singapore’s Orchard Road area, with a sale agreement possible by early September. The S$250 million deal would see the duo add the 130,900 sq ft retail podium to their property empi
Building permit approvals in the Philippines dropped to a three-month low in June, falling 0.3% year on year to 17,081, reversing a 20% expansion a year earlier. Residential permits fell 2.1% while non-residential approvals grew 4.6%, highlighting a shift toward commercial and institutional projects
Stavian Group has broken ground on Thuong Dinh Industrial Park in Diem Thuy Commune, Thai Nguyen Province. The 50-year project will offer about 90 hectares of leasable land for factories and warehouses, targeting supporting industries, electronics and mechanical engineering.
Billionaire Koh Wee Meng's Fragrance Group has launched the sale of Verdun House, a freehold commercial building in District 8, with an asking price of S$64 million. The 48.8% premium over its 2022 purchase price reflects S$2,669 psf on maximum gross floor area.
Sime Darby Property has signed a sale and purchase agreement to acquire Wisma Unirazak along Jalan Tun Razak, Kuala Lumpur, for RM160 million. The developer plans to redevelop the freehold site into a high-rise serviced apartment project with a gross development value of RM900 million, targeting a 2
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