Southeast Asian investors have become the largest foreign buyers of Hong Kong commercial property this year, accounting for more than 11% of total transactions, according to Savills. Their share has risen to roughly two-thirds of all non-local investment, outpacing mainland Chinese buyers.
The number of Indian white-collar professionals returning from overseas grew 24% in 2024 and 5% in 2025, with 205,000 more returnees so far in 2026. Industry experts warn that gaps in compensation, research funding and cutting-edge work compared to the US could make retaining these workers a challen
An Argentine federal judge has ordered British and Israeli companies to stop developing the Sea Lion oilfield off the Falkland Islands, pending an environmental review. The injunction targets Navitas Petroleum and Rockhopper Exploration, though enforcement depends on international cooperation and th
The National Grid Corp. of the Philippines aims to complete six transmission projects worth about P23.5 billion by the end of 2026. The grid operator has already finished five projects valued at P7.18 billion, and the new projects are intended to improve transmission reliability amid power supply co
Nearly three in 10 hotel rooms projected to open by 2026 were cancelled, according to a report by PHOA and LPC. The country's accommodation pipeline has expanded to 45,884 room keys across 213 projects backed by P387 billion in committed capital through 2032.
The Land Transport Authority has delayed the North-South Corridor's completion to 2029, prompting businesses in Novena to report revenue declines of up to 75 per cent. Some tenants are considering not renewing leases, while residents brace for continued noise, dust and travel disruption.
GlobalFoundries and Marvell Technology have expanded their multi-year agreement to increase production capacity for silicon germanium semiconductors used in high-speed optical connections in data centers. The deal will boost capacity at GlobalFoundries' Vermont facility to meet surging demand from A
Residents and environmental groups in San Jose are organising against a wave of proposed AI data centre projects, citing concerns over energy, water and pollution. City officials have courted the developments for tax revenue, while state lawmakers weigh new transparency and cost measures.
Japan and the United States are discussing the construction of a semiconductor factory as part of their US$550 billion investment agreement, Nikkei reported. The plant, valued at ¥2 trillion to ¥3 trillion, would be operated by GlobalFoundries and focus on logic semiconductors.
IOI Properties Group has completed its S$2.47 billion acquisition of the indirect owner of Asia Square Tower 2 in Singapore. The deal includes repayment of shareholder loans and was settled via a Bursa Malaysia filing on Sept 17.
Lumina Commercial Park, a 35-acre freehold mixed development in Iskandar Puteri, has opened for sale with commercial units starting at RM2.5 million. The project, developed by Iskandar Seafront Assets and BCB Bhd, targets the growing demographic and cross-border traffic from the Johor-Singapore Spec
SK Hynix is in talks with Intel about a deal that would see it manufacture memory chips in the US for the first time, with scenarios including leasing part of Intel's Ohio facility or forming a venture with cloud firms. Potential opposition from Seoul over sensitive technology could be a major hurdl
Vietnam’s durian industry is pivoting from volume-driven growth to a value-based model, with Dak Lak Province leading the shift. The province has secured new export approvals from China, adding 140 growing-area codes and 31 packing facilities, while national traceability systems are being rolled out
Some 166 senior executives gathered at the Four Seasons Sydney for the inaugural Mingtiandi Australia Forum, featuring 31 speakers across nine sessions on cross-border real estate opportunities. The event, sponsored by Yardi, drew delegates from Singapore, Hong Kong, London and the UAE, with more th
Xiaomi Corp. launched the REDMI Note 17 Series in the Philippines on Tuesday, featuring four models with large batteries and enhanced durability. Prices start at P14,999 for the base REDMI Note 17, with early bird discounts available until Oct. 1.
Fujifilm Corp. has unveiled two new instax products: the Pal 2 palm-top digital camera and the Link WIDE 2 smartphone printer. Both devices will go on sale in Japan next month, with a Philippine release expected after a local teaser. The Pal 2 features a 10-megapixel sensor and upgraded design.
The Labs at Bukit Bintang City Centre (BBCC) in Kuala Lumpur has launched The Labs: Artist Series, featuring six Malaysian creative talents from Sept 12, 2026 to January 2027. The programme includes physical installations, immersive digital experiences, murals and merchandise tied to Merdeka, Mid-Au
Aboitiz Construction and Spain's ACCIONA have formed a joint venture, ACCIONA Facility Management Philippines, to provide integrated facilities management services. The venture targets the pharmaceutical, industrial, corporate and transport sectors, combining local expertise with global capabilities
Aboitiz Equity Ventures has expanded its LIMA Estate in Batangas from 384 hectares to approximately 1,100 hectares, attracting over P128.9 billion in investment and supporting 75,000 jobs. The company is building integrated ecosystems that combine infrastructure, energy, industrial development, educ
Blackstone-backed Horizon Industrial Parks reported a 36% year-on-year rise in first-quarter EBITDA to INR 1.6 billion, while net loss narrowed sharply. The Mumbai-based warehouse developer raised INR 42.5 billion in total primary equity through its IPO and pre-IPO placement, and reduced pro forma n
CK Asset Holdings has leased three floors totalling 51,762 sq ft to Susquehanna International Group in Cheung Kong Center II, pushing occupancy to about 70%. The deal adds to Hong Kong’s Central office rebound, with vacancy falling to 10% in August.
AstraZeneca Philippines and Ayala Healthcare Holdings Inc. have signed a partnership to strengthen clinical trial capabilities and expand patient access to innovative therapies. The agreement combines AstraZeneca's global research expertise with AC Health's hospital network and its subsidiary Health
Petronas and PTT subsidiaries have secured government approvals for a new production sharing contract for Block A-18-01 in the Malaysia-Thailand Joint Development Area. The 35-year PSC extends development beyond the current contract's expiry in 2029 and includes an adjacent exploration area.
Tesla has formally entered Vietnam by registering a subsidiary, Tesla Motors Vietnam Limited Liability Company, in Ho Chi Minh City with charter capital of 77.667 billion dong (US$3 million). The new entity will handle wholesale and retail sales of vehicles and parts, along with related import and e
Kerjaya Prospek Group Bhd's wholly owned subsidiary has accepted a RM37.82 million contract from Persada Mentari Sdn Bhd for piling and substructure works on an affordable apartment project at Pulau Andaman, Penang. The 24-month fixed lump-sum contract is slated to start on Oct 1, 2026.
NFD Korea has begun full-scale development of a 300MW AI data center campus in Dangjin, South Korea. The first 200MW phase has secured permits, a power supply agreement, and a general contractor, with construction starting in November 2026 and Q1 2028 targeted for service readiness.
Industry leaders at Data Centre Nexus 2026 urged Malaysia to measure data centre growth by local capabilities and supply chains, not just investment size. Mida recorded RM385.7 billion in data-centre investments from 2021 to H1 2026, with calls for greater SME participation and resource efficiency.
Booking Holdings has leased 111,525 sq ft of office space at RMZ Ecoworld in Bengaluru, increasing its total footprint at the commercial tower to about 2.65 lakh sq ft. The five-year lease, which began on 3 July, carries a monthly rent of Rs 1.33 crore and a 15% rental escalation every three years.
GLP has begun developing a 200MW hyperscale data centre campus in Foshan, Guangdong, with an expected investment of RMB 4 billion (S$595.6 million). The purpose-built facility will serve the AI training and advanced compute needs of a leading Chinese internet and cloud services company expanding its
Anthropic CEO Dario Amodei has urged AI companies to moderate the pace of model advancement, proposing a three-step framework to slow development and create more time to manage associated risks.
Construction of Singapore's North-South Corridor has entered its most technically demanding phase, with tunnelling taking place as close as 1m beneath the operational North-South Line at Novena. The Land Transport Authority said ground conditions have been more challenging than expected, requiring a
Taiwan and Paraguay have launched a pilot carbon credit project covering five hectares of woodland in Paraguay's Chaco region, the Climate Change Administration said. The project explores verification and transfer methods for carbon credits. Two universities also signed a separate MOU on talent deve
True Fitness and True Yoga in Singapore are set to close, with parent company Kontafarma China Holdings citing intense competition and rising customer acquisition costs. Insolvency practitioners have been provisionally appointed and creditors' voluntary winding-up will be proposed at an extraordinar
Singapore billionaires Raj Kumar and his son Kishin have acquired the Scotts Square retail mall in the Orchard Road area for S$310 million through a share purchase. The freehold mall has a gross floor area of 130,875 sq ft and a net leasable area of nearly 76,660 sq ft.
KLK Land has opened Coalfields Retail Park in Bandar Seri Coalfields, Selangor, with 90% of its retail space occupied. The 21-acre development is the company's first retail project and features over 100 brands, including Skechers' largest store in Southeast Asia. The retail park is part of the broad
Microsoft plans to expand its data-centre capacity to roughly 38 gigawatts by 2032, more than triple its current 12GW, according to a Bloomberg News report. Only about 2GW of its existing capacity is dedicated to AI-specific chips, a share expected to rise to about a third of the 2032 target. The co
UDA Holdings Bhd’s Heritage Valley Kuala Lumpur generated more than RM4.6 million in cumulative sales during its first 12 months of operations. The 1.71-acre entrepreneurship hub along Jalan Doraisamy was developed at a cost of RM9.7 million and has benefited over 500 entrepreneurs.
Two properties owned by Country Heights Holdings Bhd subsidiaries will be auctioned with combined reserve prices of RM207.77 million. The larger asset, Mines Waterfront Business Park in Selangor, has a reserve price of RM152.77 million, while a freehold commercial parcel in Kajang carries a reserve
AME Elite Consortium Bhd is acquiring 176.45 acres of freehold land in Pontian, Johor for RM199.84 million cash, with preliminary plans for industrial development. The site is within the Johor-Singapore Special Economic Zone and located about 9km from the Second Link Expressway. The deal is expected
The sixth International Green Build Conference opened in Kuala Lumpur with a call to treat green-building certification as progress evidence rather than the finish line. Expo City Dubai's executive director urged cities to focus on creating resilience, biodiversity and human connection, not just cut
Young entrepreneurs at RIYI 2026 heard that a side hustle can generate income without creating a sustainable enterprise. Mentors warned that unaccounted personal costs, founder dependency and false demand often mask whether a venture is truly profitable.
Grocery chain Village Grocer will open a standalone outlet at Mah Sing Group's M Legasi freehold township in Semenyih by end-2029. The 19,000 sq ft store with 80 parking bays will serve as anchor tenant for the 500-acre development, which will have over 3,200 residents by then.
Philippine solar developer SunAsia Energy has partnered with Thailand-listed Gunkul Engineering on a floating solar project in Laguna Lake valued at over $1 billion (P62.5 billion). The project aims to reach one gigawatt in installed capacity and become Southeast Asia's largest floating solar instal
SM Offices has signed a lease with Visa that will more than double the digital payments company's office space to 9,000 sqm at Four E-com Center in Pasay. Visa will relocate from Five E-com Center and establish its Philippines Solution Center at the new facility, consolidating administrative, financ
The Singapore Food Agency is studying the feasibility of allowing food past its quality-based date marks to be donated. Parliament passed a motion on Wednesday calling for enhanced food resilience and waste reduction through partnerships across society.
The Washington-led Pax Silica initiative could help the Philippines move up the global technology value chain by supporting semiconductor production, critical mineral processing and emerging technologies, the Department of Foreign Affairs said. Foreign Affairs Secretary Ma. Theresa P. Lazaro said th
Setting a high selling price may lower a developer's chance of securing financing for its projects, according to OCBC Bank Malaysia. The warning was delivered at the Rehda Institute conference on Sept 8-9, where lenders also flagged concerns over breakeven levels above 85 per cent and stretched deve
Penang Development Corporation is inviting proposals for a 15.81-acre commercial site along Jalan Batu Kawan in Seberang Perai Selatan. The 688,527 sq ft parcel carries a reserve price of RM75 psf, implying a minimum value of about RM51.64 million.
EI Power Bhd has agreed to acquire a freehold factory in Glenmarie, Shah Alam, for RM17.2 million to establish a permanent headquarters and warehouse. The acquisition will be funded largely by IPO proceeds, with the property housing a rooftop tenancy generating RM6,000 monthly rental income.
BGO has agreed to sell the GB II office tower in Pangyo Techno Valley to streaming platform SOOP for KRW 131.5 billion ($98.4 million). The deal, due to settle on 30 September, follows July’s sale of neighbouring GB I and completes the fund manager’s exit from a two-building investment made in Decem