Industries.
Manila Water expedites Metro Manila Subway utility relocations
The utility firm is moving pipelines and sewer lines in Pasig and Quezon City, with key sections due by October 2026.
HK Landlords: Bank Mortgage Curbs Deepen Shop Slump
Hong Kong property owners and industry figures claim local banks are worsening the city's commercial shop downturn. They accuse banks of restricting commercial mortgages, which impedes transactions despite falling property values.
Singapore Business Closures Rise, Landlords Face Takeover Risks
Over 38,000 commercial establishments ceased operations in Singapore during the first seven months of this year, following 60,000 closures in 2025.
FirstMetroSec Reinstates Megawide Coverage, Cites 4PH Housing Programme
First Metro Securities Brokerage Corp. reinstated coverage on Megawide Construction Corp. on August 31, 2026, setting a P7.50 target price. The brokerage firm attributes its improved outlook to the Philippine government's 4PH housing programme.
Far East Organization Sells Singapore District 11 Property for S$84.2 Million
The freehold site, acquired by boutique developer Aurum Land, spans 37,155 square feet in Singapore's prime Bukit Timah enclave and is zoned for mixed-landed housing redevelopment.
Singapore Home Demand Faces Q4 Test Amid Rising Price Sensitivity
Singapore's residential property market now operates under normalised conditions following a strong 2025 rebound. Forthcoming fourth-quarter launches will measure actual homebuyer demand, as buyers demonstrate increased selectivity and price sensitivity. This year, new home sales have already fallen by 11.6 per cent.
US Fed Tightening Threatens Hong Kong Property Capital Inflows
Fed Chairman Kevin Warsh's recent inflation focus raises US interest rate hike expectations, directly impacting Hong Kong's property market and its appeal to mainland Chinese capital.
Visa Doubles Philippines Office Footprint with SM Offices Deal
The digital payments firm relocates its operations to a 9,000 square metre facility at the SM Mall of Asia Complex, establishing its Visa Philippines Solution Center.
South Korea Haenyeo Seek Compensation From Ssangyong E&C
Traditional free-diving fishers from Guman-ri and Daebo-ri demand payment from the construction firm over alleged marine habitat destruction from a 2021 harbour expansion.
Eu Yan Sang Family Divests Bishopsgate Bungalow for S$40 Million
Four members of the Eu Yan Sang founding family sold a freehold Bishopsgate bungalow for S$40 million. The transaction values the land at S$2,480.72 per square foot.
US House to Vote on Bill Curbing Data Centre Power Costs
US lawmakers plan to advance legislation next week aimed at controlling rising electricity bills driven by expanding data infrastructure, a move that could influence energy policy for hyperscale facilities.
Tunku Ismail's Singapore Land Sale Faces S$2 Billion Tax Burden
Johor's Regent Tunku Ismail Sultan Ibrahim confronts a significant land betterment charge, potentially S$2 billion, complicating his planned sale of prime Singapore property.
CBRE Appoints Chau to Lead Asia Capital Markets, Yan Heads Hong Kong
CBRE has promoted Jonathan Chau to Managing Director for Asia capital markets, excluding Japan. Reeves Yan now leads Hong Kong capital markets, effective September 1, 2026.
CapitaLand Investment Reduces 90 Singapore Jobs in 2026 Restructuring
CapitaLand Investment (CLI) cut 90 roles in Singapore during 2026, representing about 4 per cent of its local workforce. This move forms part of an ongoing organisational restructuring.
Dongkuk Steel Concludes UK Architecture Tour for Fellowship Cohort
Dongkuk Steel Group has completed a UK architectural study tour for its initial cohort of Songwon Future Architecture Talent Fellowship students. The programme promotes the company’s Luxteel brand and supports future design talent.
Keppel DC Reit, Keppel Acquire Tokyo Data Centres for US$1.1 Billion
Keppel DC Reit and Keppel will acquire 90 per cent stakes in two Tokyo data centres for US$1.1 billion. The Reit manager also plans a S$600 million private placement.
Mapletree Secures US$500M+ for Asia Logistics Fund First Round
Mapletree Investments has closed the initial funding round for its Mapletree Emerging Growth Asia Logistics Private Trust (Mega), raising more than US$500 million for logistics developments across Malaysia, Vietnam, and India.
Sino Land Net Profit Climbs 14% on Valuation Gains; Core Earnings Drop 6.4%
Hong Kong developer Sino Land reported a 14% rise in annual net profit, reaching HK$4.59 billion, driven by narrower property revaluation losses. However, underlying earnings fell 6.4%, revealing sustained pressure on its core business.
Hoi Hup Realty Buys Four Points Sydney for US$144.6m
Singapore's Hoi Hup Realty entered the Australian market, acquiring the Four Points by Sheraton Sydney. The A$201.8 million (US$144.6 million) deal highlights Sydney's strong hotel investment sector, JLL noted.
Centurion Corporation Wins Singapore Lok Yang Way Dormitory Tender
Centurion Corporation secured a S$221.7 million tender from JTC for a Singapore dormitory site, adding 5,000 beds to its worker accommodation portfolio.
Bangladesh Corporates Broaden Green Building Certifications
Non-manufacturing sectors in Bangladesh are increasingly adopting green building standards, moving beyond the traditional ready-made garment industry. This shift responds to climate pressures and aims to maintain worker productivity.
JD.com's HK$10bn Retail Property Push Reshapes Hong Kong Model
JD.com has invested over HK$10 billion (US$1.3 billion) in Hong Kong property, building a network of stores and warehouses. Analysts suggest this challenges the city's traditional footfall-driven retail property valuations.
Hong Kong Commercial Property Distress Moderates; High Leverage Owners Face Refinancing Hurdles
Hong Kong's commercial property market shows signs of stabilisation, though highly leveraged owners still face refinancing challenges. Office and retail segments previously saw a multi-year slump and loan defaults.
Singapore to Auction Seized Luxury Properties from S$3 Billion Money Laundering Case
Singapore plans to auction numerous luxury properties. These assets were confiscated in the country's largest money laundering investigation, which involved S$3 billion and led to arrests in 2023.
Hong Kong Home Prices Drop 0.46% in July, Ending 13-Month Rally
Hong Kong's residential property market saw prices fall 0.46 per cent in July, concluding a 13-month upswing. Mainland Chinese tax concerns and capital controls are curbing buyer demand.
Vingroup Lands Bac Ninh Plot for US$1.5 Billion Urban Project
Vietnam’s largest listed company, Vingroup, secured 112 hectares in Bac Ninh Province for a US$1.5 billion urban development. This initial allocation forms part of a larger 270-hectare project outside Hanoi.
Philippine Business Leaders Question Data Centre Push Amid Energy, Job Concerns
Senior Philippine business figures urge a re-evaluation of data centre investments. They cite critical power shortages, high resource demands, and limited job creation as key issues.
Golden Bay Landholdings Details Garden City Project, Community Focus
Golden Bay Landholdings Inc. recently showcased its Garden City residential project in Pasay City. COO Jardin Wong detailed the development’s expanded lifestyle concept at a forum, emphasising family and community connection.
Larsen & Toubro Secures Middle East Orders, Signals Regional Business Recovery
Indian engineering firm Larsen & Toubro won 13 new orders since early July, with seven from the Middle East. This demonstrates a business rebound in the region after recent conflict disruptions.
AIIB Targets Record Fundraising for Climate, Local Currency Projects
The Asian Infrastructure Investment Bank (AIIB) seeks record fundraising this year. Its capital will fund climate adaptation projects and local currency financing across Asia.
Singapore to Create New Western Island for Advanced Manufacturing, Power
Prime Minister Lawrence Wong announced plans to merge several southern islands into a new Western island. This move targets advanced manufacturing and future power generation needs.