Real Estate
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Indonesia’s new capital got a name: Nusantara
Indonesia’s parliament on January 18 finally passed a bill to relocate the nation’s capital from Jakarta to an area in East Kalimantan province on...
Thailand’s Central Group, Austria’s Signa acquire UK luxury retail store chain
Thai retail and hospitality conglomerate Central Group and Austrian property investment company Signa Group said on December 23 that they would jointly acquire UK...
Kuala Lumpur named world’s best city for expats to live in
Malaysia’s national capital of Kuala Lumpur has been ranked best city to live and work globally in the newly released Expat City Ranking 2021...
Malaysia completes spire of world’s second-tallest tower
Malaysia on November 30 completed the spire of the Merdeka 118 tower in Kuala Lumpur, which will become the world’s second-tallest skyscraper at 678.9...
US warns companies of engaging in Cambodia’s casino, finance and construction sectors
US state authorities have warned US companies either operating in Cambodia or considering doing so against interactions with “certain entities and sectors of concern,”...
Philippines among least attractive countries in Asia-Pacific for foreign investments
The Philippines has been named one of the least attractive destinations for foreign direct investment (FDI) in Asia-Pacific in a new ranking by Oxford...
Philippine developer builds new $2-billion business district north of Metro Manila
Philippine property developer Megaworld, controlled by Filipino billionaire businessman Andrew Tan, said on October 6 that it would be developing a new business district...
Philippines’ richest just got richer from stock market rally
Filipino tycoons saw their collective wealth rise 30% to a total of $79 billion, the latest Forbes list of the Philippines’ 50 richest...
Boracay could finally get a casino as Philippine government looks for fresh tax sources
The Philippine holiday island of Boracay in the country’s Western Visayas region will likely soon get a casino after a gambling ban has been...
Drastic changes to Malaysia’s formerly lauded retirement visa scheme met with criticism
Southeast Asia's formerly most welcomed retirement visa scheme for foreigners has now "prohibitive" conditions
Malaysia’s retirement visa programme...
Bangkok home prices dive most among regional peers as pandemic carries on
Bangkok fared worst in Southeast Asia in a new study on home price changes amid the Covid-19...
Bitcoin for property is back in Thailand
Amid a battered property market due to the severe impact of the Covid-19 crisis, Thailand’s real estate...
Vietnam faces hotel sell-off with 40% discounts amid tourism collapse
Closed hotels in Hanoi
Vietnam is currently experiencing a sell-off of hotels in large numbers across Vietnam as...
Singapore mulls over introduction of wealth tax to lower inequality
Bad news for rich global citizens who have made Singapore their choice of (tax) residence, and more...
Myanmar’s ‘China Town’ expands despite Covid-19 crisis, junta chaos
The planned casino hotel in Shwe Kokko
A special economic zone in southeastern Myanmar is expanding its development...
Chinese online gambling providers return to the Philippines
Chinese online gambling companies are returning to the Philippines after a Covid-19-induced hiatus and are looking to...
Cebu gets $1.8-billion waterside development for business, living, leisure
Rendering of South Coast City in Cebu City
Philippine property developer Ayala Land in a consortium with its...
What Covid? Vietnam to open 123 new hotels in the coming years
The spectacular Empire City Hotel in Ho Chi Minh CIty will be a new landmark
The Covid-19...
Latest
New “ultra low-cost” airline gets approval to operate in Malaysia
The Malaysian civil aviation commission has approved and licensed another new domestic airline startup despite the industry is still reeling from the impact of...
Stories of the week
Malaysia assesses use of digital central bank money
Malaysia has started an assessment of the potential benefits of a central bank-backed digital currency, Bank Negara Malaysia said according to a Bloomberg News...