Prime Minister Srettha Thavisin on Sunday defended the proposal to raise the proportion of foreign ownership allowed in condominiums from 49% to 75% and extend land lease terms for foreigners to 99 years from 30-50 years, saying these measures will…
Leading Japanese conglomerate Hitachi is set to intensify its efforts to expand its presence in Asia’s railway market, directly competing with China, the region’s dominant key infrastructure provider. Hitachi’s strategic focus centers on expanding its presence in Singapore, Malaysia, and…
Leading Japanese conglomerate Hitachi is set to intensify its efforts to expand its presence in Asia’s railway market, directly competing with China, the region’s dominant key infrastructure provider. Hitachi’s strategic focus centers on expanding its presence in Singapore, Malaysia, and…
Investors across the Asia-Pacific (APAC) region are turning to gold, lured by its diversification and haven benefits at a time of uncertain economic growth and rising geopolitical risks. Asia-Pacific demand has ensured gold prices continue to hover around the record…
China’s top 4 tech moguls, with a combined net worth of $165 billion, have made their companies global leaders in e-commerce, social media, and online gaming, according to Chinese magazine New Fortune. Colin Huang, founder of PDD Holdings Huang, 44,…
RENTS in the prime Raffles Place/Marina Bay precinct grew 1.3 per cent in the first half of 2024, slowing from the 2.5 per cent increase from the year-ago period, according to a report by Knight Frank on Monday (Jun 24).…
JAKARTA: The Jakarta administration is preparing a roadmap to preserve the metropolis’ role as Indonesia’s economic epicentre, even after it loses its capital status. Jakarta, which marked its 497th birthday on Saturday (Jun 22) and its last one as the national…
As the US economy continues to navigate the challenges caused by the COVID-19 pandemic, industry experts like Lena Petrova are warning of an impending banking crisis. This crisis is expected to be triggered by a massive fire sale of commercial…
Russia has approved a project to build the first high-speed passenger railway between its two biggest cities, Moscow and St. Petersburg, to be funded with billions of dollars from the state budget, a government directive showed on Thursday. The government…
Malaysia has emerged as the top three country in Asia for outbound cross-border property investment after Mainland China and Hong Kong, according to Juwai IQI Holdings’ Asia-Pacific Cross-Border Residential Property Buying Trends Report 1Q2024 that was issued on Tuesday. The…