Global funds are snapping up Southeast Asian assets as the prospect of interest-rate cuts and attractive valuations holds out the promise of supersized returns. Money managers have boosted positions in sovereign bonds in Thailand, Indonesia and Malaysia for the past…
MANILA, Philippines — Travellers International Hotel Group Inc., the leisure and tourism arm of Andrew Tan’s Alliance Global Group Inc., is looking to invest about $400 million to develop a new integrated resort in Cebu. AGI president and CEO Kevin…
The Belt and Road Initiative, an ongoing effort to link economies into a China-centred trade network, largely via Chinese-backed megaprojects abroad, has entered a phase that Beijing says involves “small but beautiful” additions. As the plan to grow global trade…
Vietnam has been rated the least transparent property market in Southeast Asia, ranking behind Singapore, Thailand, Malaysia, Indonesia, and the Philippines among the six countries evaluated. The country placed 49th out of 89 countries and territories in property consultancy JLL’s…
A record $1 out of every $10 spent globally in 2024 will be on travel as people briskly book hotels, cruises and flights, according to an annual report by the World Travel and Tourism Council, a non-profit membership organization. The…
There is still great potential and room for China’s property sector to expand, bolstered by the country’s ongoing urbanization and people’s growing demand for good housing, the housing ministry has said. Speaking at a press conference on Friday, Ni Hong,…
The monthly lease for coworking spaces in high-end buildings in Ho Chi Minh City’s downtown District 1 has risen 5% year-on-year to $344 per person in the first half of the year, a new study has found. Across the city,…
The strengthening of the ringgit against the US dollar, fueled by positive macroeconomic developments and Bank Negara Malaysia’s (BNM) decision to maintain the Overnight Policy Rate (OPR) at 3.00 per cent, is expected to stimulate the property market, offering an…
India’s global trade share hasn’t kept pace with its fast growing economy, and the country is losing out to rivals like Bangladesh and Vietnam as low-cost manufacturing export hubs, the World Bank said according to a Bloomberg report. India’s trade…
Over 10,000 foreigners purchased property in Korea from January to July this year, a 22 percent increase compared to the previous year, publicly disclosed court data showed, Sunday. Nearly two-thirds of the buyers were Chinese. Over 73 percent of the…