The Philippines pushes for more sustainable data centres and for operators to look beyond the metro
By 2030, the digital economy could generate PHP5 trillion (USD89.4 billion) in economic output
Filters
Destination
Year
Contributing WriterMenarco Tower is 1st in Southeast Asia to receive Immune Resilient certification from HDBI
Menarco Tower became the first and only building in Southeast Asia to receive the Immune Resilient Certification from HDBI
Office absorption in India sees record highs, growing 130% YoY by the end of Q2
The technology sector was at the forefront of office space demand at 42 percent
Vietnam aims for 5 million international arrivals in 2022, domestic arrivals exceed 60 million target
Hotel room rates have also started to decline, and unlike in earlier months, many hotels are no longer completely booked
Boosting Indonesia’s tourism and hotel industry
International guests are now booking more Indonesian hotels than ever before — the highest since February 2020
Malaysia’s industrial and retail property segments thrive in Q2
Batu Kawan Industrial Park, which is being developed into a smart, high-tech industrial park, is believed to attract more foreign investors
Cambodia launches CM2H programme to encourage foreign investors
Those who apply to the programme will be entitled to 10-year visas without entry or exit restrictions
Thai economy, slated to grow 2.8% to 3.5% this year
Meanwhile, tourism has been recovering faster than expected
India lays out plans to boost inbound tourism
Thirty-nine million workers, or eight percent of the country's employment rate, were in the tourism industry in 2020
The Philippines weighs in on its tourism sector
Philippine tourism is currently driven by 80 percent domestic tourism and 20 percent foreign tourism
Japan & the US strengthen economic security through commercial diplomacy
The two countries will establish a new joint research centre geared toward next-generation semiconductors
Malaysia weighs in on how foreign and domestic investments can help the economy recover
Expectations for economic recovery in H2 2022 are generally neutral, following the recovery seen in H1 2022
Demand for India’s luxury properties looks up in Q2 — may continue throughout H2
The transition to a healthy lifestyle, the desire for elite amenities, and the need for future security have increased the value of this segment
FDI in China sees robust growth in H1
FDI inflow grew 17.4 percent YoY to CNY723.3 billion (USD107 billion) in H1
Siem Reap reveals master plan to revive tourism in the province
Cambodia has welcomed more than 500,000 foreign tourists so far
Philippine FDIs reach a four-month high of USD989 million in April
Equity placements were channeled mainly to construction, financial and insurance, manufacturing, and real estate
First Woman in Cambodia Awarded Real Estate Personality of the Year
Catherine Chan was the first woman in Cambodia to receive the Real Estate Personality of the Year award from the 6th PropertyGuru Cambodia Property Awards
Medical tourism in the Asia Pacific region to reach USD575.9 billion by 2029
In 2019, the global medical tourism market accounted for more than 23,000 patients
Australia’s industrial and healthcare real estate segments sees influx in demand
There has also been an influx of foreign investors returning to the office market
Thailand sets forth 2023 digital economy roadmap; robotics to contribute to the nation’s economy
It is expected that the global robotics industry will reach USD47 billion in the next five years
Vietnam’s economy grows faster than expected in Q2, emerges as FDI destination
Data revealed that Vietnam’s GDP grew 7.7 percent in Q2
Malaysia realigns its tourism programmes to boost the sector
Malaysia revised its expected tourist arrivals for 2022 to 4.5 million visitors with USD2.5 billion in revenue
Tourist visits to Singapore hit 1.5 million in H1
The latest forecast suggests that Singapore's tourism industry will perform better in 2022 than it did in 2020
Cambodia, slated for steady recovery; China remains top foreign investor
The growth will be supported by manufacturing exports, construction and real estate, agriculture, and tourism
