In Kashmir, Pakistan and India race to tap the Himalayas for fresh water
MUZAFFARABAD -- Several hundred meters underground, thousands of laborers grind away day and night on a mammoth hydroelectric project in contested Kashmir, where India...
Japan’s Tokutokuya partners with Gaisano shopping malls
DAVAO CITY — Japan’s ECI Co. Ltd., owner of the Tokutokuya chain of retail stores, has tapped Gaisano-owned DSG Sons Group as the exclusive...
Filinvest to transform 201-hectare Clark estate into new business hub
THE FILINVEST GROUP said it is breaking ground next year on a 201-hectare estate in Clark, Pampanga it bought in 2016, transforming the sprawling...
Filling Spaces (12/12/17)
MHE-Demag’s new partner
The Philippine unit of crane hoist manufacturer MHE-Demag said it has partnered with Wacker Neuson in its bid to venture into “smaller-scale”...
Facebook opens new London HQ, to create 800 UK jobs
LONDON -- Facebook opens its new London office on Monday and said it would add 800 more jobs in the capital next year, underlining...
Warehouses get bigger, taller and faster as e-commerce takes off
NEW YORK -- Those boxes piling up on your doorstep over the holidays don’t ship from Santa’s workshop. As Americans spend more money shopping...
Japan’s biggest builder Mori bets on luxury condo demand in Tokyo with Toranomon project
TOKYO -- Mori Building Co. has started work on a luxury residential development in Tokyo that will include units priced from ¥1 billion ($9...
Work halts at New York City condo tower after council rules it’s too tall
NEW YORK -- Workers building a Manhattan condo tower were in the middle of pouring concrete Thursday afternoon when the city’s building department came...
Citi moves to new PHL hub
CITI PHILIPPINES has inaugurated its new corporate headquarters in the upscale Bonifacio Global City, a move it said affirms its “confidence in the future...
$1-trillion investor says now isn’t time to cut real estate
OSLO -- There may be worrying developments in some property markets, but the world’s biggest sovereign wealth fund says it has no intention of...
Australian economy faces housing hangover twice size of United States subprime
SYDNEY -- The party is finally winding down for Australia’s housing market. How severe the hangover is will determine the economy’s fate for years...
From traffic jams to regular floods, can Indonesia’s ‘Big Durian’ be fixed
KUALA LUMPUR -- Aida Widyawati boards a commuter train each day to travel from her home in South Tangerang, west of Jakarta, to her...