CapitaLand Malaysia Trust (CLMT) said the proposed purchase of Queensbay Mall, one of the biggest shopping malls in Penang with a net lettable area of 883,111 sq ft, is expected to strengthen its …
Now is a good time for businesses to expand into Saudi Arabia
I predict that Saudi Arabia will be one of the main growth engines of the … People are buying here as an investment with the plan to rent the property out or buy second homes, as a beachfront …
EU announces further sanctions on Myanmar’s junta
In view of the continuing escalation of violence and grave human rights following the military takeover two years ago, the European Council has adopted the fifth round of restrictive measures. The new …
Myanmar tops Asian summit’s agenda as global issues loom
Southeast Asian leaders are convening in Cambodia, faced with the challenge of trying to curtail escalating violence in Myanmar while the country’s military-led government shows no signs of complying …
Thailand nixes plan to allow foreigners to buy land after backlash
BANGKOK – Thailand junked a new proposal to allow foreigners to buy land for housing after the plan triggered a public backlash, with opposition parties saying the move was akin to “selling out” the …
Pakistan to get $500 million from Asian Infrastructure Investment Bank for development program
Pakistan will receive $500 million as co-financing for the BRACE development program from the Asian Infrastructure Investment Bank (AIIB), the country’s finance minister Ishaq Dar said on Wednesday.
Marriott Int’l to reach 200-property mark in India by 2025: Ranju Alex
The travel recovery here post Omicron has been phenomenal and we have now stopped referring to pre-Covid levels (for both room rates and occupancies) as we surpassed those levels this May itself,” …
Sajjan India promoter Madhav Aggarwal buys sea-view luxury pad in Worli for Rs 153 crore
Aggarwal has purchased the apartment with 15,337 sq ft built-up space in one of the towers of the super-premium residential project 360 West from Oasis Realty, a subsidiary of the projects developer, …
China’s security agency in Hong Kong buys $65 mn luxury villa
China’s national security agency in Hong Kong spent HK$508 million ($65 million) on a luxury villa in an exclusive neighbourhood perched on a hill above the city, registry data has revealed. The …
Minor Hotels to debut Avani brand in Maldives in 2023
Minor Hotels, a leading hotel owner, operator and investor, said its Avani brand will make its Maldives debut with the opening of Avani+ Fares Maldives Resort in early second-quarter (Q2) of 2023.