Property 

Sun Hung Kai’s hotel, shopping mall businesses take a drubbing as tourist numbers plunge amid Hong Kong protests

John Hu, founder and principal consultant of John Hu Migration Consulting, says it is not simply a matter of buying a property and then getting a passport. Luxury villas at Limassol Marina, in the city of Limassol, Cyprus – a nation that has no language test for citizenship applicants. Most countries – apart from Cyprus and Bulgaria – have a language test for citizenship applicants, Hu says. Some specify a waiting time before applying, or require foreign owners who are seeking citizenship to live in their home for a certain…

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Vietnam 

Northwest Đà Nẵng urban shopping centre to open – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  The first entertainment and shopping centre of the northwest urban area will be opened later this year in Đà Nẵng. The centre was developed by Trungnam Land joint-stock company and VV Mall – a luxurious shopping centre. VNS Photo Công Thành  ĐÀ NẴNG — Trungnam Land Joint Stock Company, a member of Trung Nam Group, and VV Mall – a luxurious shopping centre – have agreed to develop the first shopping-entertainment centre on the newly debuted Đà Nẵng Information Technology Park (DITP) Tower at Golden Hills urban area. General…

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Home 

China’s investors are piling into Hong Kong shares via Stock Connect channel in the longest shopping spree in 18 months

Chinese investors are not abandoning Hong Kong’s stocks, even as Asia’s third-largest equity market endures a double whammy of social upheaval and jitters about a global recession.Mainland traders have been buying the city’s stocks for 21 straight days through Friday via the cross-border investment channel known as the Stock Connect, pouring an aggregate HK$45.3 billion (US$5.8 billion) into equities listing on the Hong Kong stock exchange. That was the longest buying spree since February 2018,… Source link

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Vietnam 

Hậu Giang host VN-Thailand shopping and cuisine fair – Economy – Vietnam News | Politics, Business, Economy, Society, Life, Sports

  Representatives cut the ribbon at the opening ceremony. — Photo baohaugiang.com.vn HÀ NỘI — The Việt Nam – Thailand cuisine and shopping fair opened on Thursday in the Mekong Delta province of Hậu Giang.  The fair features more than 450 booths, of which 250 display and sell agricultural and forestry products, specialty food, textile and garment products, household appliances, decorations, cosmetics and health care services. In addition, up to 100 stalls featuring products imported from Thailand, 15 food booths introducing dishes of the provinces and regions in both Việt Nam…

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Property 

Allianz and Gaw Capital buy iconic office, shopping complex in Singapore for US$1.2 billion amid ‘flurry’ of investment in city state

Hong Kong-based Gaw Capital and Allianz Real Estate have bought part of an iconic mixed-use development in Singapore for S$1.6 billion (US$1.17 billion), in the city state’s largest private sector office sale in almost two years.They acquired Duo Tower, a high-rise office building and Duo Galleria, the neighbouring shopping mall, from M+S Pte, a partnership between state-owned entities of Malaysia and Singapore.The eye-catching hexagonal plated towers form a distinctive part of Singapore’s… Source link

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Home 

Shopping mall owners take a drubbing in the stock market as Hong Kong protests damage confidence in retail sector

Shopping mall owners have become victims of the mass rallies in Hong Kong, with their share prices taking a battering as investors lose faith in the city’s retail market.Among 18 major listed developers and commercial landlords, Swire Properties and Wharf Reic’s share prices have declined the most since the huge rally on June 9 that kickstarted what has now been weeks of demonstrations punctuated by violent clashes with police.Swire dropped 8.1 per cent to close at HK$30.75 on Wednesday, while… Source link

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China’s outlet mall boom is proving immune to the online shopping threat, and more investment funds are taking a look

Designer outlet malls, which enable brands to sell stock directly to the public through factory outlets, have continued to see strong growth in sales throughout Asia-Pacific, bucking the downturn that has affected other brick and mortar retailers during the e-commerce boom. The gains have been particularly noticeable in China, where a building boom has led to a doubling of outlet malls in the last two years. China has 110 outlet malls nationwide, or about 45 per cent of the 244 such malls… Source link

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Singapore 

Two young women caught ‘shopping for footwear’ outside Teck Whye flat, Singapore News

Where do you usually shop for new shoes? For two young ladies caught poking around a shoe rack placed outside a flat in Teck Whye, it may be the HDB common corridor. In two viral video clips posted on Facebook, the barefooted pair could be seen creeping along the corridor on Saturday night (July 6). While crouching, they rummaged through the rack, removing several pairs of shoes and slippers. Before they could make off with the footwear, however, something — possibly a sound coming from the unit — sent them scampering away. It wasn’t the end…

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Singapore 

E-scooter rider admits knocking into toddler in Nex shopping mall, Singapore News

SINGAPORE -A toddler suffered minor head injuries after he was knocked over by a food delivery worker riding an e-scooter along a crowded corridor on the fourth storey of Nex shopping mall. The three-year-old child was hit on the forehead by the e-scooter and fell backwards, striking his head on the floor on March 18. He was taken to National University Hospital where he was diagnosed with a bruised forehead and mild tenderness to the back of his head. He was discharged later that day. Neo Jia Ming, 20, pleaded…

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Home 

Chinese consumers buy more domestic brands in midyear shopping festival amid trade war

Consumers in China, the world’s largest e-commerce market, have shifted to buying more goods from domestic brands in the country’s annual midyear online shopping festival amid the escalating trade war with the US.Chinese home appliance brands Supor from Hangzhou, Shenzhen-listed Midea Group and Joyoung from Jinan, in Shandong province, saw their combined sales increase fourfold during this week’s 618 shopping festival, compared with a year ago, according to popular group-buying platform… Source link

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