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Gov’t debt may top P7 trillion in 2018 amid infra push

THE GOVERNMENT’S outstanding debt may breach the P7 trillion mark next year, according to the Treasury bureau. Amid preparations for the Budget Expenditures and Sources...

HK’s mortgage lenders do business in the shadow

HONG KONG -- When Horan Fu decided to buy a 500-square-foot apartment for HK$7.4 million last year, the biggest draw was the developer’s offer...

Lanzhou positions itself as new Belt and Road economic hub

LANZHOU -- The city of Lanzhou signed 164 investment projects totaling more than RMB 111.4 billion during the 23rd Lanzhou Investment and Trade Fair...

London’s Grosvenor House hotel sold to Ashkenazy

SEATTLE -- Ashkenazy Acquisition Corp., the US real estate investor that recently bought a stake in New York’s Plaza Hotel, said that it acquired...

Filling Spaces (07/11/17)

Parkway Corporate’s top-offTHE FILINVEST group said it is on track to completing its office condominium Parkway Corporate Center by 2019 after a top-off ceremony...

Philippines, Japan firm up infrastructure partnership

THE COUNTRY’S economic team and its Japanese counterpart moved to streamline infrastructure implementation as they firmed up the list of Japan-funded projects during their...

Infrastructure spending picks up amid concerns

By Elijah Joseph C. Tubayan and Ian Nicolas P. Cigaral, Reporters STATE infrastructure and other capital outlays surged in May, according to the Department of...

7 projects lined up for funding by Korea Eximbank

THE Department of Finance (DoF) said it has identified seven projects to be funded by the $1 billion concessional loan offered by South Korea...

Singapore home prices extend decline on curbs

SINGAPORE -- Singapore home prices fell in the quarter ended June, extending the drop in property values to a record 15th quarter as most...

Asian crisis and more, Joy Nostalg savvy boss says find opportunity

WITHOUT taking his eyes off his smartphone, Jacinto Ng, Jr. walked into Nostalgia -- the dining lounge at the posh service apartment Oakwood Premier...

Controversial Moscow housing plan becomes law

RUSSIAN President Vladimir Putin on Saturday signed a controversial law authorizing the demolition of several thousand Soviet-era Moscow apartment blocks and the relocation of...

Cost of getting on the UK property ladder surges to record

LONDON -- First-time buyers in the UK property market are paying a record amount to purchase a home, with Londoners shelling out almost double...

Hitler house expropriation stands — Austria court

AUSTRIA’S highest court ruled Friday in favor of last year’s controversial expropriation of the house where Adolf Hitler was born, ending a long-running bitter...

Bernard-Henri Lévy puts $7-million Tangier Mansion on the market

BERNARD-HENRI LÉVY, a French public intellectual (they have those, still) was catapulted to fame in 1977 for his book attacking France’s Marxist left, Barbarism...

‘Awesome’ to ‘dangerous’: Political leaders rate Duterte’s first year in power

POLITICAL leaders allied with and opposed to President Rodrigo R. Duterte also marked his first year in office with their respective statements on Friday. Former...

Moody’s keeps Philippines grade but flags risks

By Melissa Luz T. Lopez, Senior Reporter MOODY’s Investors Service kept its rating on the Philippines yesterday, even as it flagged local political developments and...

Government to borrow P889.7 billion next year

By Melissa Luz T. Lopez, Senior Reporter THE GOVERNMENT plans to borrow over a fifth more in 2018 — with bulk of loans to be...

Philippines’ PPP record among the biggest

Despite the delays that the previous administration encountered in implementing its Public-Private Partnership (PPP) Program, the country still ranks among the world's biggest players on...

Private fund infusion in PPP deals across ASEAN

Pres. Rodrigo R. Duterte has vowed to raise the Philippines' infrastructure profile by the end of his term, committing to set aside an infrastructure...

Keep saving HK, China’s coming for your best land

HONG KONG -- It takes around 35 years for a median-income household to buy a 90-square meter (970-square foot) apartment in Hong Kong. So,...

Airports to toll roads top picks amid boom in infrastructure

MANILA’S Metro Pacific Investments Corp., Indonesia’s PT Krakatau Steel and Airports of Thailand Pcl. are among the top investor picks as Southeast Asian governments...

Which regions attract the most foreign investments?

Foreign investment pledges were nearly halved in the third quarter of the year, falling 45% to P26.7 billion in 2015's comparable three months. The...

Southeast Asia’s top investors in infrastructure

This network graph by BusinessWorld shows how select Southeast Asian countries are linked – or not linked – through private investors in their infrastructure....