Saudi Arabia builds new cities in the sand to move beyond crude oil
RIYADH -- After relying on oil to fuel its economy for more than half a century, Saudi Arabia is turning to its other abundant...
Construction outpaces demand in small China cities
BENGBU, CHINA -- Luxury lakeside homes and high-rise condominiums are coming up fast in China’s sleepy inland town of Bengbu, a clear sign that...
Sri Lanka completes controversial $1-B port deal
COLOMBO -- Sri Lanka last Saturday sealed a billion-dollar deal to let a Chinese state firm take over a loss-making port in a move...
Trump’s man in Dubai wants you to know he’s Trump’s man in Dubai
LONDON -- Hussain Sajwani wants the world to know he’s Donald Trump’s man in the Middle East.
From his perch in Dubai, the billionaire real-estate...
Milestones in building green socialized housing
Green Breakthroughs
Reymond S. Reteracion
Green building is not the exclusive domain of high-end commercial and residential developments. Socialized and economic homes can be green yet...
Marine plywood maker Santa Clara pitches product to homebuilders too
IN General Santos City, boat makers and hard ware stores have one lingo for marine plywood: Santa Clara.
“It’s like Colgate. When they buy plywood,...
UK home prices at ‘standstill’ as buyers stretched
LONDON -- UK house prices are “virtually at a standstill” as consumers contend with a squeeze on living standards, Rightmove Plc said.
Asking prices rose...
Singapore home sales fall 21% in June as fewer projects launched
SINGAPORE home sales fell 21% in June from the previous month as fewer new projects were launched in the city-state.
Developers sold 820 units last...
Thailand’s king given full control of multi-billion dollar crown property
BANGKOK -- Thailand has amended a royal property law to formally give King Maha Vajiralongkorn full control of the agency which manages the multi-billion...
‘Star Wars’ hotel, Mickey Mouse ride coming to Walt Disney theme parks
ANAHEIM, CALIFORNIA -- An immersive “Star Wars” hotel, a new “Ratatouille” attraction and the first ever Mickey Mouse ride are just some of the...
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...