The family behind knitwear manufacturer Nameson Holdings recently snapped up two adjoining units at Mayfair By The Sea I in Tai Po for a combined HKD60 million (US$7.7 million), according to Land Registry filings, as reported by the South China Morning Post. Mayfair By The Sea in Hong Kong. Photo…

U.S. dollar bills. Photo by Unsplash/Colin Watts The U.S. dollar fell slightly against the Vietnamese dong Friday as it stayed steady among major peers. Vietcombank sold the greenback 0.004% lower to VND26,367. On the black market the dollar declined 0.45% to VND26,500.Globally the dollar started Friday’s Asian session on a…

Forest Endeavour, a property development company controlled by Taiwanese billionaire Lin Chen-hai, has acquired a major mixed-use property on Australia’s Gold Coast for AUD346.5 million (US$250 million). The deal involves the Paradise Centre and Novotel Surfers Paradise in Queensland, which were purchased from Abu Dhabi Investment Corp. and Challenger Life…

The airport operator has secured approval from the Urban Redevelopment Authority, according to The Straits Times. The approved plans also permit Changi Airport Group to carry out additions and alterations to Terminal 3.According to the permission granted, the building will allocate more than 12,900 square meters for commercial purposes and…

Indonesia ranks second in Southeast Asia in the number of people with US$30 million or more, and the figure is forecast to almost double in five years, a report has shown. The country now has 3,833 individuals with ultra-high net worth, an increase of 37% from 2021, according to a…

India and Vietnam have agreed to upgrade ties to Enhanced Comprehensive Strategic Partnership on May 6, opening up a new chapter for bilateral relations. Indian Prime Minister Narendra Modi (left) and Party General Secretary and President To Lam (right). Photo: the Indian Prime Minister Office Indian Prime Minister Narendra Modi…