FeaturedReal EstateEmaar teams up with Xiaomi to create AI-enabled smart homesBharath KumarJanuary 22, 2020March 18, 2020 by Bharath KumarJanuary 22, 2020March 18, 2020 Emaar is the first non-Chinese land developer to have forged a strategic alliance with Xiaomi.... Read more
FeaturedReal EstateUAE developer predicts Dubai property market to recover in 2020Pritam BordoloiJanuary 22, 2020 by Pritam BordoloiJanuary 22, 2020 The recovery will be backed by Expo 2020, new government initiatives and favourable payment plans... Read more
Asset ManagementFeaturedWealth managementMorgan Stanley aims to boost its wealth management staff strength in AsiaBharath KumarJanuary 22, 2020March 18, 2020 by Bharath KumarJanuary 22, 2020March 18, 2020 The US investment banking giant declared that it touched a milestone in profit last year, owing to its wealth business that contributes to over 50 percent of its earnings.... Read more
FeaturedTechnologyVodafone becomes eighth member to quit Libra AssociationBharath KumarJanuary 22, 2020March 18, 2020 by Bharath KumarJanuary 22, 2020March 18, 2020 Last year, eBay Visa, Mastercard, Mercado Pago, Stripe, Booking Holdings and PayPal left the association... Read more
EconomyFeaturedOman to introduce 5% VAT in early-2021 to generate additional revenueBharath KumarJanuary 22, 2020March 18, 2020 by Bharath KumarJanuary 22, 2020March 18, 2020 The UAE, Bahrain and the Kingdom of Saudi Arabia have already levied VAT as agreed by the six GCC members... Read more
FeaturedInsurancePolitical turmoil takes its toll on Hong Kong’s life insurance sectorBharath KumarJanuary 22, 2020March 18, 2020 by Bharath KumarJanuary 22, 2020March 18, 2020 Last November, the tourist footfalls from the Chinese mainland fell by 60 percent year-on-year.... Read more
Asset ManagementFeaturedEastspring sharpens Asia focus with a $500 bn AUM target by 2024Bharath KumarJanuary 22, 2020March 18, 2020 by Bharath KumarJanuary 22, 2020March 18, 2020 The investment giant’s recent acquisitions has established its presence in more than ten Asian markets... Read more
EconomyFeaturedSaudi Arabia to pump Aramco IPO proceeds into its economyPritam BordoloiJanuary 22, 2020January 22, 2020 by Pritam BordoloiJanuary 22, 2020January 22, 2020 Around $30 bn will be invested in different sectors over the years including defence... Read more
AviationFeaturedInvestors reportedly show interest to buy beleaguered Malaysia AirlinesBharath KumarJanuary 22, 2020March 18, 2020 by Bharath KumarJanuary 22, 2020March 18, 2020 Five prospective buyers are in the fray, said Malaysian Prime Minister Mahathir Mohammed, although he did not disclose their identities... Read more
FeaturedReal EstateCapitalLand to merge two units to set up Asia-Pacific’s third largest ReitBharath KumarJanuary 22, 2020March 18, 2020 by Bharath KumarJanuary 22, 2020March 18, 2020 The merged entity to be known as CapitaLand Integrated Commercial Trust will have a market capitalisation of $12.4 bn... Read more