Office, retail, industrial and logistics property, hospitality assets and the data centre pipeline.
The Philippine Bureau of Internal Revenue has released the implementing rules for electronic invoicing, requiring selected taxpayers to issue e-invoices by 31 Dec 2026. Micro taxpayers are exempt, while those in e-commerce, large taxpayers, and users of computerized accounting systems must comply.
Paragon Globe Bhd plans to develop more of its Johor landbank around anchor occupiers while selectively selling land to support its pipeline. The developer cited its PGB-GSP AutoPark, a proposed industrial park in Sedenak and a conditional land sale in Tanjung Kupang as examples of the strategy.
City Developments Ltd (CDL) will release the outcome of its strategic review before trading hours on Sept 28, followed by a livestreamed briefing. The review, conducted by Teneo, is expected to outline CDL's capital allocation framework and future direction amid a recovery in earnings and lingering
Ayala Land Estates will open 10 new tenants at The Shops Nuvali at Central Bloc in Laguna in the fourth quarter, following the recent launch of MerryMart and NAOS Café. The new arrivals include dining, retail and services brands.
Tropicana Corp Bhd has handed over vacant possession of its Umara shopoffices at Tropicana Aman ahead of schedule, with the development fully taken up. The two- and three-storey project also achieved an 83% QLASSIC score.
Glomac Bhd has completed the disposal of a 3.42-acre leasehold plot in Bandar Metro Puchong, Selangor, to Sunway Puchong Sdn Bhd for RM49.18 million. The sale is part of a two-parcel deal worth RM97.3 million, with the second plot targeted for completion by the third quarter of 2027.
Maybulk Bhd is buying a freehold industrial property in Bandar Bukit Raja, Klang, for RM35.5 million in cash to expand its industrial property business. The acquisition, expected to complete in Q4 2026, will be funded internally, partly from the proceeds of a proposed land disposal in Kapar.
Tom & Stefanie has closed its Tiong Bahru Plaza outlet, leaving the 32-year-old children's store with just three shops, down from a peak of 10. Founder's daughter Stefanie Chua says rising rents and online competition are behind the closures, but she wants to keep going for longtime staff.
Malaysia's move towards net-zero emissions must extend beyond individual green buildings to whole urban systems, industry figures said at International Sustainability Week 2026. Speakers argued that sustainability should be measured by outcomes across neighbourhoods and cities, not just project-leve
Harvey Norman has launched a limited-edition HP Omnibook Ultra in a Deep Espresso finish at its Singapore stores. The laptop, developed with HP, is available in three configurations priced from S$3,399 to S$4,399, with a launch promotion including a speaker and portable monitor worth S$728.
Eco Business Park 7 Sdn Bhd has agreed to sell 221.665 acres of industrial land in Port Dickson, Negeri Sembilan, to Tera Data Centers (Malaysia) Sdn Bhd for about RM1.013 billion. The freehold site is within the 1,195-acre Eco Business Park 7 development under the Malaysia Vision Valley 2.0 master
Tien Wah Press Holdings has completed the RM1 disposal of Tien Wah Press Services Sdn Bhd, which holds tenancy rights to Pacific Grand Ballroom in Petaling Jaya, to Hong Kong-based Asia Regal Enterprises. The deal includes a separate arrangement for the recovery of RM14.14 million owed for renovatio
California Governor Gavin Newsom has signed seven bills regulating the data centre industry, requiring disclosures on electricity use, water consumption and land use. The measures aim to prevent grid-upgrade costs from being shifted onto other ratepayers and to boost clean-energy supplies.
President William Lai broke ground on the Baipu Industrial Park in Kaohsiung, a nearly 89-hectare site that will create over 4,000 jobs and generate NT$300 billion in annual production value. The park will host TSMC facilities and is expected to become Taiwan's first semiconductor base focused on de
The Bases Conversion and Development Authority expects investment approvals to exceed P100 billion this year, driven by interest in New Clark City and projects under the US-led Pax Silica initiative. First-half approvals surged 535 per cent to P49.98 billion, led by aviation and logistics firms expa
Demand for industrial space in the Philippines remained strong in the first half of 2026, led by semiconductor, food and beverage, and FMCG manufacturers. Supply expanded with 230 hectares of new developments, while modern warehouse rents rose 8% and vacancy improved to 13.1%.
IT-BPM companies continue to account for most office requirements in the Philippines, while non-BPO occupiers such as government offices and local banks are relocating to newer buildings. JLL Philippines notes that lower rents make such moves more attractive, and that improving real estate transpare
Ayala Land is constructing a seawater reverse osmosis facility at its Lio Estate in El Nido, Palawan, to provide up to 500 cubic metres of potable water daily from August 2027. The plant will diversify water sources and support new projects including the Balai Adlao Expansion, Sitio Aplaya and a wat
Artificial intelligence will trigger a realignment in office space allocation in the Philippines, favouring specialised office laboratories over traditional back offices, according to JLL Philippines. Workers in routine roles such as call centre agents are expected to transition into tech-testing jo
Belgian cybersecurity firm Aikido has released an open-weight AI model, Altar, designed for cybersecurity applications. The model allows companies to deploy defensive AI tools locally without sending sensitive code to external providers, meeting rising demand amid growing use of AI by criminals.
North Korea has rejected new sanctions efforts, saying no measures can block its development or defense of core interests. The statement from a Foreign Ministry spokesperson, carried by state media KCNA, follows a report by the Multilateral Sanctions Monitoring Team (MSMT) accusing Pyongyang of send
Astoria Hotels and Resorts is promoting its events venues in Pasig City and Puerto Princesa, Palawan, for MICE and social gatherings. The Chardonnay Events Hall in Pasig offers function rooms for up to 512 guests, while the Mangrove Conference & Convention Center in Palawan provides eco-friendly spa
Growing demand for padel and pickleball courts is reshaping Malaysia’s property landscape, with operators converting warehouses, open land and shopping malls into sport venues. Location, ceiling height, cost and supporting facilities are key considerations, while rental rates vary from RM2 psf for w
Setia Awan Land has launched its first industrial project, the 447-acre Tanjong Malim Hi-Tech Park in Perak, with an estimated gross development value of RM1.4 billion. Phase 1 has achieved 50% take-up, with investments from Ningbo Fresh Technology and Sheentech Automotive Systems totaling about RM5
South Korea's Pebblestone Asset Management has signed a preliminary agreement to acquire Hyde Park Myeongdong, a mixed-use complex housing Apple's flagship Korea store, for about KRW 500 billion (US$363.4 million). The deal follows the firm's selection as preferred bidder for the 19-storey complex l
The Silver Valley Technology Park (SVTP), a 2,700-acre master-planned industrial and innovation hub on the outskirts of Ipoh, has moved into active construction. The first phase of 816 acres is slated for completion by 2030, with the full build-out by 2034 targeting RM14 billion in private investmen
Older stratified malls in Klang Valley struggle to fund renovations due to fragmented ownership, inadequate sinking funds and vague legal processes, industry experts say. While some malls like Sungei Wang Plaza and The Summit USJ have succeeded, reform is underway to address commercial governance ne
DLF's rental arm will open a 700,000 sq ft premium shopping mall in Goa by March 2027, investing about ₹500 crore. The company expects annual rental income of over ₹150 crore and has already leased 70-75% of the space, including a five-screen PVR cinema and a Shoppers Stop outlet.
Italian cable maker Prysmian has partnered with Rio Tinto to supply electrical cables made with low-carbon aluminium for an Amazon data centre in Ohio. The cables will use ELYSIS inert-anode technology, which eliminates direct greenhouse gas emissions from the smelting process. It is the first known
STARLUX Airlines projects triple-digit passenger growth in 2026, up from 75% the prior year, driven by aircraft expansion and route upgrades in the Philippines. The carrier sees no demand impact from rising fuel surcharges, which the CAB recently raised to Level 14.
The Land Transport Authority will only determine the additional cost from the two-year delay to the North-South Corridor after the project is finished. The S$7.47 billion road project was delayed due to unexpectedly challenging ground conditions, with LTA saying it will assess whether costs will be
Sunway Healthcare Group has started construction on its RM800 million Sunway Medical Centre Iskandar Puteri in Johor, targeting completion in 2030. The 400-bed tertiary hospital will serve southern Malaysia, Singapore and Indonesia, and is part of the group’s plan to operate eight hospitals with ove
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
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