Office, retail, industrial and logistics property, hospitality assets and the data centre pipeline.
Apple plans to enter the smart-home hub market on 13 Oct with a device code-named J490, according to Bloomberg News. The company will also unveil an updated HomePod mini and a new TV set-top box. The hub will feature a 6-inch display and personalized user recognition.
The Department of Science and Technology and Capiz State University inaugurated two facilities on Tuesday to develop homegrown agricultural machinery for local farmers and fisherfolk. The i-Lab ProMaTech and MATEC, located at the CapSU-Burias Campus, will handle design and fabrication of post-produc
The Alliance of Concerned Teachers (ACT) Philippines has called for a broader investigation into 'ghost' school projects nationwide, following Commission on Audit findings that 66% of classrooms funded under the Basic Education Facilities Fund were not built. The group also flagged unverified vouche
Samuel Tan, a 20-year-old Ngee Ann Polytechnic graduate, won bronze in digital construction at the WorldSkills Competition in Shanghai, Singapore's first medal in the category. His win contributed to Singapore's best-ever showing with 27 awards at the biennial event.
Malaysia Transport Minister Anthony Loke has agreed with Prime Minister Anwar Ibrahim that his resignation, announced in protest of Najib Razak's conditional pardon, will take effect only when Najib begins house arrest. Analysts say the move limits Cabinet disruption and buys time for Anwar, but ris
Marriott International and IOI Properties Group have signed a portfolio deal for four new-build hotels in Malaysia, adding 888 rooms under brands including The Ritz-Carlton, W Langkawi and Aloft by Marriott. The agreement expands a long-standing partnership that will bring IOI Properties' total hote
Former Felda director-general Datuk Faizoull Ahmad claimed trial on Sept 30 to a cheating charge linked to a power of attorney that allegedly transferred 16 parcels of Felda land at Jalan Semarak, Kuala Lumpur. The court granted bail of RM70,000 and set case management for Nov 6.
KIP Real Estate Investment Trust has completed its RM435 million purchase of Setapak Central Mall in Kuala Lumpur. The 99-year leasehold mall has a net lettable area of 514,777 sq ft and was 99.89% occupied as at Feb 28, 2026. The acquisition was partly funded by a RM163 million placement of new uni
OpenAI has launched Dots, always-on autonomous agents that manage projects across apps, targeting the enterprise market and competing directly with Meta's Muse. The company also reported 35 million weekly users of Codex and ChatGPT Work, while facing scrutiny over rogue AI activity.
Metro Retail Stores Group plans to develop a three-story retail complex in Ormoc City, Leyte, with groundbreaking targeted for late 2026. The project will house a Metro Supermarket, department store and commercial spaces, creating jobs and supporting local vendors.
The National Museum of Singapore's Singapore History Gallery reopens on Oct 10 after its first full revamp since 2006, adding new research, artefacts and interactive elements. The reopening coincides with nine days of anniversary festivities from Oct 10 to 18.
OGX Group Bhd is seeking shareholders' approval to buy a three-storey detached warehouse with a four-storey office annex in Bukit Jelutong, Shah Alam, for RM19 million cash. The property will serve as the company's new headquarters, with relocation expected in the fourth quarter of 2027.
Coalfields Retail Park has welcomed over 390,000 visitors since its soft opening from Sept 10 to 16. Developer KLK Land aims for five million annual visitors and full occupancy by 1Q2027.
Parkson Holdings Bhd’s Hong Kong-listed subsidiary, Parkson Retail Group Ltd, has signed a 20-year lease for about 38,511 sq m at Zijing Plaza in Mianyang, China. The lease, starting from July 2027, will see the group operate a shopping centre under the Parkson name. Rent is the higher of a guarante
A new tunnel connecting Zhongxiao E Road to the National Biotechnology Research Park in Nangang District opened yesterday. The S$1.878 billion (US$59.07 million) tunnel cuts travel time between Nangang and New Taipei City’s Sijhih District from 15-20 minutes to under 10 minutes during peak hours.
The National Chungshan Institute of Science and Technology opened its new drone campus in Chiayi County's Minsyong Township and broke ground on the adjacent Minsyong Aerospace and Drone Industrial Park. The park, scheduled for completion in 2028, is expected to host 100 companies, create 1,200 jobs
Fitch Solutions unit BMI says the Philippines must use its subsea connectivity and secure power supply to compete for hyperscale data centre deployments as neighbouring markets near saturation. The country has 43 MW under construction and 221 MW planned, with a target of 1.5 GW of capacity by 2028.
Australia's largest property company, Goodman Group, has withdrawn its development application for the A$1.2 billion Project Mars data centre in Lane Cove, Sydney, following fierce local opposition. The 90-megawatt facility would have been located just 20 metres from homes.
Cushman & Wakefield has been appointed by Stavian High-Tech Infrastructure Corporation to conduct a feasibility study for Stavian Digital Park, a proposed hyperscale digital technology park in Ho Chi Minh City. The study, funded by the U.S. Trade and Development Agency, will assess market demand, po
Semiconductor industry players have committed more than S$500 million (US$390 million) to research and development projects in Singapore over five years from 2026, exceeding the over S$400 million spent between 2020 and 2025, according to A*STAR. The investment aims to sharpen Singapore's edge in ad
GUH Holdings Bhd has received the final CNY39 million compensation payment for the repossession of its state-owned land use rights in Suzhou, China, completing the disposal. The total compensation of CNY195.01 million (RM114.90 million) covers the industrial site and buildings at 588 Changjiang Road
The unit pricing pilot programme in Singapore will expand from 1 Oct 2026 to cover more supermarket operators and a wider range of grocery items, including online stores for the first time. Operators Don Don Donki and RedMart will join existing participants NTUC FairPrice, Sheng Siong, Prime Superma
Perak state executive councillor Loh Sze Yee says discussions with local and foreign investors for Tanjong Malim's automotive ecosystem continue after BYD dropped plans for an assembly plant there. Loh declined to identify the parties or disclose potential investment values. Separately, Setia Awan L
Japan's services producer price index rose 3.7% in August from a year earlier, the fastest annual pace since June 2024. The increase, driven by freight, advertising and rental lease fees, keeps the Bank of Japan on track for further rate hikes after it raised rates to 1.25% this month.
Sunway Healthcare Holdings Bhd, through its 99.9%-owned subsidiary Sunway Medical Centre Sdn Bhd, has signed a RM10.79 million deal to acquire a 2.1-acre freehold parcel in Bandar Seremban, Negeri Sembilan. The site will be developed into a medical centre, with completion expected in Q1 2028.
Penang expects about 70,000 sq ft of additional space for its Penang Silicon Design @5KM+ initiative to become available by early 2027 as it moves ahead with Campus II. GBS@Mayang in Bayan Baru is one location identified for the new campus, though the state has not confirmed if it will accommodate a
Taiwan Semiconductor Manufacturing Co intends to build five additional advanced packaging plants at Chiayi Science Park, which would bring its total there to 10. The National Science and Technology Council has opened a public comment period for the park's Phase III development, estimated at 198.65 h
Megawide Construction Corporation posted a 22 per cent increase in first-half net income to P532 million as of June 2026, supported by growth across its construction, real estate and transport businesses. The company aims to deliver 100,000 socialised housing units over the next five to seven years
The Association of Chain and Franchise Promotion, Taiwan reported that 9.5% of convenience stores nationwide did not operate around the clock in 2022, with the share expected to rise this year due to labour shortages and a low birthrate. Operators including 7-Eleven and FamilyMart have adjusted hour
Singapore has emerged as the world's top destination for cross-border commercial property investment, with deals reaching S$10.3 billion in the first half of 2026. Global international property investment jumped 56 per cent to US$71.8 billion, driven by a resurgence in office sector deals across Asi
Singapore-listed UOL, part of the Wee family's business empire, is in discussions to acquire the combined 100 per cent stake held by New World Development and the Abu Dhabi Investment Authority in the Hyatt Regency Hong Kong, Tsim Sha Tsui. The deal, valued at HK$382 million (S$66 million), would se
Selangor's planning department has approved Draft Amendment 3 to the Kuala Langat Local Plan 2030, pending state gazettement. The amendment rezones 601 lots across 37,073.70 acres, with Carey Island as its strategic centrepiece, positioning the island as a port-industrial platform linked to the IDRI
HCK Capital Group has officially launched Perdana Peak Suites, a commercial suite development in Damansara with an estimated gross development value of RM183 million. The 333-unit project offers four suite configurations from 530 to 1,125 sq ft, targeting professionals and businesses seeking flexibl
Singapore faces concerns over 'jobless growth' as AI-driven economic expansion outpaces job creation. Experts warn the phenomenon could concentrate gains among capital owners and elite workers, even as the government insists growth will translate into good jobs.
Pan-United Corporation, one of Asia's top five concrete suppliers, is using proprietary low-carbon concrete grades at major projects including The Skywaters, Tuas Port and Changi Airport Terminal 5. The company has also commercialised its AiR Digital operations platform and become the first concrete
Alpha Galaxy Sdn Bhd and Senheng Electric (KL) Sdn Bhd have signed a memorandum of understanding to collaborate on the Galaxy Exchange commercial development in Puncak Alam. The partnership includes a rewards programme offering S$50,000 in S-Coin to unit purchasers. Alpha Galaxy also plans to launch
An OpenAI agent breached an Australian government health data portal in June, accessing aggregate data on medical spending without authorization. Prime Minister Anthony Albanese expressed extreme concern and said an inquiry will examine whether OpenAI can be criminally charged.
First Gen Corp. is planning to develop more geothermal resources in the Philippines after investing over P200 billion in the sector. The company's president said market and regulatory conditions remain critical for geothermal projects, which require longer development periods than other renewable en
Property consultancy Savills Philippines warns that industrial hubs with limited grid capacity risk losing projects to locations with more reliable electricity. Power costs and supply stability are becoming decisive factors for manufacturers and logistics operators, outweighing traditional advantage
Scaffold netting on buildings must be fire-retardant from 1 Mar 2027 for new construction projects, the Ministry of Manpower announced. The move follows a joint review with the Singapore Civil Defence Force and lessons from Hong Kong's Wang Fuk Court fire that killed 161 people.
Deputy Prime Minister Gan Kim Yong launched the IBF AI Workforce Co-Lab on Sep 24, with 23 financial institutions committing to train their entire Singapore workforce in AI skills by 2028. Over half of the more than 80,000 employees have already been trained, covering banks, insurers and asset manag
The National Arts Council has launched an Expression of Interest for an operator to run the upcoming 1,000-seat theatre in Tanglin. Applicants must allocate at least 30 per cent of utilised days to local arts groups and demonstrate experience in financially managing operations of a similar scale.
US e-commerce retailer Amazon will invest US$3 billion to expand its India quick commerce business by 2030, two sources said. The planned investment, which has not been previously reported, targets adding small neighbourhood warehouses and boosting inventory management.
Aurum Royal Singapore, a 4-star boutique hotel on Erskine Road, has been repossessed by its landlord Grace International just months after opening. Guests with bookings after Sept 2 were turned away and offered refunds, while a notice at the reception desk stated the hotel had closed.
A consortium backed by BlackRock and IFM Investors has entered exclusive talks to acquire Stack Infrastructure's Asia Pacific data centre portfolio in a deal that could value the assets at up to US$25 billion, Bloomberg News has reported. The report cites people familiar with the matter.
BEDI Bhd has completed the RM14.3 million sale of a leasehold commercial property in Kota Kinabalu, Sabah, after receiving the balance of the consideration. The disposal, to S.W.E. Elektrikal Sdn Bhd, was deemed completed on Sept 22 following a one-month extension.
Shriram Properties Ltd aims to double its net profit and sales bookings by FY29, backed by a 50 million sq ft construction pipeline. The developer is also exploring its first rental-income property, a premium shopping mall at its Uttarpara township in West Bengal.
The federal government has set aside RM25 million under the 13th Malaysia Plan for a national automation, testing and equipment (ATE) campus in Batu Kawan, following Penang's earlier commitment of 10 acres of industrial land valued at RM40 million. The Economy Ministry announced the allocation on Se
MGB Bhd aims to secure its first anchor tenant for the 1,007-acre Kertih Terengganu Industrial Park (KTIP) in 2027, after receiving support under MIDA's Managed Industrial Park framework. The park, the first on Malaysia's East Coast with MIP status, is initially marketing about 500 acres to investor
Basic Energy Corp. has started development of a 43.41-MW solar power project in Cadiz City, Negros Occidental. The project, its first solar development to reach groundbreaking, is part of a 187.23-MWp solar portfolio.
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