Real Estate

Real Estate

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Investors, businesses losing confidence in Myanmar’s economy

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Impatient with the sluggishness of the economy, local and foreign investors are losing confidence in the Myanmar government’s economic policies, according to a June...
Massive Yangon city expansion renders Naypyitaw pointless

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Myanmar’s business capital of Yangon will see a massive expansion to accommodate its growing population and make the city more business-friendly and livable, the...
Kuala Lumpur’s new financial district “can be profitable”: Ex-PM Najib

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Tun Razak Exchange (TRX) City, the new financial district in Kuala Lumpur launched by the government of former Malaysian prime minister Najib Razak, will...
RedDoorz to open more than 100 budget hotels in the Philippines

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Singapore-based startup RedDoorz, an online booking platform for budget hotels, on June 20 announced it would expand to the Philippines, its third country in...
Singapore housing market recovers, prices could surge 20% this year

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Singapore’s housing market is showing signs of recovery from a four-year slump even as officials watch cautiously after previous bouts of overheating. Property prices...
Bangkok enters list of 100 most expensive cities in the world

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As cost of living in Thailand is on the rise and the baht remains strong, Bangkok has now entered the global top 100 most...
Malaysia to scrutinise “dubious” Battersea Power Station deal

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The new Malaysian government will probe and possibly renegotiate the Battersea Power Station deal in London, undertaken by the previous government as part of...
1MDB-linked land deal brings Malaysia’s central bank governor down

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Malaysian Prime Minister Mahathir Mohamad accepted on June 6 the resignation of the country’s central bank governor Muhammad Ibrahim which the latter offered on...
Malaysia set to scrap showcase infrastructure projects

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The new Malaysian government under Prime Minister Mahathir Mohamad is looking for ways to get out of obligations to pay for multi-billion dollar infrastructure...
Into the void: Impressions from Naypyidaw

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In the middle of Myanmar's barren central plain with its occasional paddy fields but more of dusty land, 13 years ago a complete new...
Malaysian taxpayers paid over $1.7 billion for 1MDB debt so far

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Malaysia’s finance ministry has used a total of 6.98 billion ringgit ($1.76 billion) in tax money since April 2017 to pay back accumulated debt of state...
More warnings on “overheating” Philippines economy

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Another warning has been aired that the Philippine economy, one of the fastest-growing in Asia, is in risk of overheating – just shortly after...
Another record stock listing underway in Vietnam

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Singapore house prices surge fastest in eight years, recovery seen

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Singapore reported its biggest quarterly jump in first-quarter 2018 private home prices in nearly eight years on April 27, a 3.9 per cent growth...
Macau group builds Vietnam’s largest casino

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Construction is currently underway for Vietnam’s so far biggest casino as part of the Hoiana Resort on an ocean stretch in Vietnam’s central province...
CENTURY-CITY-MALL-FACADE-IN-KALAYAAN-AVENUE-facing-Makati-Avenue

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When scouting Southeast Asia for promising investment destinations, one should look no further than the Philippines. The country with its remarkable economic growth momentum...
Developer cashes in on Bangkok’s tallest building, sells core parts to King Power

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Thailand’s luxury property builder Pace Development sold key parts of Bangkok’s tallest skyscraper MahaNakhon Tower to domestic duty free retail company King Power, media...
Singapore Airbnb hosts get hefty fines for illegal letting in first case in the city state

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In the country’s first such case, two Singaporean Airbnb hosts were fined 60,000 Singapore dollars ($45,800) each for violating the country's rules on short-term...