News about Asia Pacific

KUALA LUMPUR (Aug 5): Based on CBRE Asia Pacific Research’s Marketview for 2Q2020, the recent resurgence in Covid-19 cases in several markets is expected to impact the commercial real estate market, with the possible exception of logistics.

KUALA LUMPUR (July 23): Employees across Asia Pacific have adapted to extensive work-from-home arrangements, but most are eager to return to the office, according to JLL.

KUALA LUMPUR (June 30): Rental growth for office and logistics are expected to be encouraging in Asia Pacific (APAC) countries, according to the Asia Pacific Real Estate: Still Good Value in a Changed World report (part two) by Colliers International released on June 29.

KUALA LUMPUR (March 17): Kumpulan Jetson Bhd has been awarded a RM78.

KUALA LUMPUR (Dec 17): OldTown Bhd's indirect wholly-owned unit Shenzhen Kopitiam Asia Pacific Ltd (SZKAP) is currently under criminal investigation by the Chinese Public Security Bureau for suspected contract fraud.

KUALA LUMPUR (Oct 3): Human Resources Minister M Kulasegaran will meet with all rubber glove makers tomorrow to explain the repercussions of forced labour in their operations after the US banned the import of disposable rubber gloves of WRP Asia Pacific Sdn Bhd.

KUALA LUMPUR (Oct 2): Only disposable rubber gloves produced by one company in Malaysia are banned from the US, clarified the Malaysian Rubber Glove Manufacturers Association (Margma).

KUALA LUMPUR (Oct 2): The US has banned the import of disposable rubber gloves produced in Malaysia by WRP Asia Pacific Sdn Bhd, which is alleged to have manufactured these items using forced labour.

PETALING JAYA: Impiana Hotels Bhd is selling 146 units of serviced suites in Cherating, Kuantan to Silver Max Asia Pacific Labuan Ltd for RM146 million.

PETALING JAYA: Retail leasing markets in Asia Pacific have been quiet through the first quarter of 2019 and retailers will have to reconsider their operating strategies amid potential economic headwinds that might lead to slower sales, according to real estate market research firm CBRE Research in its “Asia Pacific Retail Trends Q1 2019” report released recently.