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In the wake of a record-breaking first half of the year, bulk homebuyers are anticipated to continue to be a significant influence in Hong Kong’s primary residential market throughout the second half of the year. The strong rental demand, particularly from…
After enduring years of economic adjustments and investor uncertainty, China is on the cusp of entering a fresh chapter. This revival is anticipated to be powered by advancements in manufacturing, artificial intelligence (AI), and the digital economy,…
Italian luxury brand, Golden Goose, has recently gone through a significant change in ownership. A majority stake in the company is now held by Chinese private equity firm HSG, while Singapore’s investment firm, Temasek, has also joined as a minority…
In Tuesday’s quarterly report, Alibaba, the Chinese e-commerce behemoth, exceeded analysts’ revenue predictions. This success was primarily attributed to the company’s significant investments in one-hour delivery services, which attracted more users to its…
The Singtel Group has reported a 14% increase in underlying net profit, reaching SGD 1.35 billion in the first half of the year. This growth has been mainly driven by regional associates Airtel and AIS, as well as operating companies NCS and Optus. Profit…
During the APEC Global Investment Partnership event, which was held in conjunction with the APEC CEO Summit in Gyeongju, an announcement was made that underscores the determination of Seoul to lure high-value investment into the areas of digital…
In a significant meeting held in Hanoi on Wednesday, Ali Ijaz Ahmad, chairman and CEO of Makara Capital Partners, expressed strong interest in expanding the firm’s footprint in Vietnam. Joined by other company executives, Ahmad highlighted the group’s…
The trend of diversifying booking centers among the ultra-wealthy is gaining momentum, with an increasing number of family offices eyeing the Middle East as a prime destination. According to Benjamin Cavalli, head of strategic clients at UBS Global Wealth…
In March, Hong Kong actor Nicholas Tse secured a lease for a retail space in Central Hong Kong for HK$60,000 (US$7,721) per month—a remarkable 40% reduction from its original listed price of HK$100,000. This transaction comes after the unit languished vacant…
Fonterra has taken a major step toward its decarbonisation goals with the commissioning of its first electrode boiler at its Edendale site in Southland, New Zealand. This move marks a significant shift away from coal usage in the dairy cooperative’s…
Tech giant Apple plans to invest $1 billion in a manufacturing plant in Indonesia that produces components for smartphones and other products, Indonesia’s investment minister said on Thursday. In October, Indonesia banned sales of the iPhone 16 because it…
Indonesia said a $100 million investment proposal from Apple to build an accessory and component plant was not enough for the country to allow the tech giant to sell its latest iPhone model, its industry ministry said on Monday. Indonesia in November banned…
“Vietnam has repeatedly proven its ability to climb up the value chain over the years, to the point where the country has grown into a key manufacturing hub for tech products within the electronics space,” CEO of HSBC Vietnam, Tim Evans said. Apple is…
M Village, an accommodation startup in co-living spaces, has received funding of US$1.7 million led by Singaporean venture fund Simple Tech Investment. The money will be used for expanding the number of rooms the startup has in Ho Chi Minh City from the…
Cryptocurrencies are becoming a new investment favorite in the country, but many are learning what goes up rapidly could come down at the same speed. This year Minh Quan of Hanoi started to study the cryptocurrency market for the first time after a friend…
EU investments in Vietnam rose by $483 million year-on-year in the first nine months of this year to $22 billion despite the Covid-19 pandemic. In a recent report to the National Assembly, the Government said trade with European countries too increased…
