Investors have demanded hefty returns in order to get engaged in the future capital city, Nusantara, despite numerous incentives already offered to woo them. Public Works and Housing Minister Basuki Hadimuljono, who also serves as acting head of the Nusantara…
About 1.5 million eligible adult Singaporeans will receive US$333 or US$629 in cash in August to help with their daily living expenses, the Ministry of Finance (MOF) said on July 4. Those living in homes with annual values of up…
China said it is helping neighbouring Laos to ease its massive debt burden after the Southeast Asian nation revealed that external repayments have nearly doubled and it wants further deferrals to prevent a default. Beijing has carried out “mutually beneficial…
A 2.8 km bridge with six lanes will cross Rach Gia Bay as part of a connection route between Vietnam’s two southernmost provinces of Kien Giang and Ca Mau. At a total cost of approximately VND3.9 trillion (US$154.5 million), the…
Many foreign retirees have lost interest in the revamped “Malaysia My Second Home” (MM2H) residency visa scheme as it requires purchasing and holding property there for at least 10 years. Started in 2002, MM2H is a residence by investment program…
This incredible new £21.1 billion high-speed rail mega-project will connect the two European cities of Milan and Paris and dramatically reduce passenger travel times, allowing the land route to becomre more competitive with plane travel. The Turin-Lyon high-speed railway, about…
The site of Tokyo’s famed Tsukiji fish market, left empty after it was razed six years ago, will be replaced by a scenic waterfront stadium and glistening skyscrapers according to plans for its redevelopment that are facing some staunch opposition.…
Indonesia will soon impose up to a 200-per cent import tariff on Chinese goods to mitigate the effects of the ongoing trade war between China and the United States, reported ANTARA. Indonesia’s Trade Minister Zulkifli Hasan said on Friday that…
Lawmakers have passed a resolution to pilot special mechanisms for the development of Da Nang City, including the establishment of a free trade zone. It approves a free trade zone linked to Lien Chieu Port, and in the zone, Vietnam’s…
Hong Kong is eyeing Southeast Asia and Europe to diversify its pool of imported talent currently dominated by mainland Chinese, the city’s labour minister has said as the government seeks to ramp up global sourcing of professionals. The latest official…