New Luxury Mall to be Built in Indonesia

New Luxury Mall to be Built in Indonesia

Investment holding company Tuan Sing Holdings Limited and real estate specialist Mitsubishi Estate Co., Ltd. (MEC) are teaming up to develop an international luxury outlet mall in Karawang called The Grand Outlet – East Jakarta. They are both established...
Vietnam’s Race to Open Cold Storage Systems

Vietnam’s Race to Open Cold Storage Systems

Investments in cold storage facilities in Vietnam have begun to take off in recent years as a result of rising demand. According to Savills, a global services firm specializing in real estate, Vietnam’s cold storage industry is surging and is expected to reach...
Malaysia’s Retail Sector to Grow by 6.3% in 2022

Malaysia’s Retail Sector to Grow by 6.3% in 2022

Malaysia’s retail market is predicted to rise by 6.3% in 2022, following the opening of the border on April 1 as part of efforts to restore the country’s economy. Major drivers to increase retail spending in Malaysia include the forthcoming Eid...
Cashless Society Possible in the Philippines Within a Decade

Cashless Society Possible in the Philippines Within a Decade

New research from global giant payments, Visa, suggested that a fully cashless Philippine society may be possible in less than a decade. This is because more Filipinos are embracing digital payments out of necessity, two years into the COVID-19 pandemic. According to...