More measures to revive China’s property sector and the economy are likely at this month’s Politburo meeting, after the third plenum pledged to overhaul the industry, according to analysts. But the property sector will continue to be a drag on…
The Philippines has commenced the development of an airport on Pag-asa Island in the South China Sea, amid ongoing territorial disputes and rising tensions with Beijing. The Philippines has taken steps to bolster its presence in the contested waters. The…
One of the penthouses at the ultra-luxury Skywaters Residences has just been sold, based on a caveat lodged with URA Realis on May 20. The 7,761 sq ft, 99-year leasehold unit on the 57th floor fetched $47.34 million or $6,100…
Malaysia has passed regulations that will enable an island under the Forest City development to be gazetted a duty-free zone as part of efforts to revive the struggling megacity. The Lower House of Parliament on July 17 approved five amendment…
World faces persistent low growth in absence of productivity reforms, IMF says. Global economic growth will reach just 2.8% by 2030, a full percentage point below the historical average, unless major reforms are made to boost productivity and leverage technologies…
Although we’re still over a decade away from its potential grand opening (if all goes as planned, that is), we’re delighted to tell you about the Gateway Hudson Tunnel Project, a plan that includes the debut of a new rail tunnel…
The Expressway Authority of Thailand (EXAT) announced plans to construct a 50 billion baht tunnel expressway connecting Kaset and Ngamwongwan. Public opinion on the project will be gathered and considered on July 13. EXAT Governor Surachet Laophulsuk revealed that the…
Malaysia said it’s near a deal with Singapore to develop Southeast Asia’s first cross-border special economic zone, which the countries hope will lure new investment and spur growth. “We have gone into some final legwork,” Economy Minister Rafizi Ramli, who…
It is harder for locals to buy apartments in Hanoi compared to their counterparts in Kuala Lumpur, Malaysia, and Bangkok, Thailand, based on their respective incomes. The income-to-apartment price ratios for Hanoi and HCMC are 2.4 and 2.7, property consultancy…
Manila casinos are expected to benefit from the Philippines and South Korean governments agreeing to expand weekly air service between the two capital cities. Aviation government officials from the two Asian countries last week signed a memorandum of understanding that…