For years, Anthony Yiu had an English-only menu for his two small bars in Hong Kong’s nightlife hub Lan Kwai Fong, because most of his customers were expats, local professionals and foreign tourists. It wasn’t until this year that he decided to add a Chinese version to it. “In the past, Lan Kwai Fong was…
Caravans of sand-filled trucks and bright red cranes punctuate the skyline of a rapidly expanding industrial complex in northern Vietnam. Further south in Malaysia, quiet villages and palm oil plantations are metamorphosing into heavy-duty technological manufacturing estates. As multinationals, governments and startups rush to develop AI, establish chipmaking hubs and carve out access to raw…
A lack of green offices is posing a fresh risk to Hong Kong’s beleaguered property sector amid a slump that’s already wiped billions of dollars from real estate values. Faced with record vacancy rates and dwindling revenues, developers are reluctant to invest in expensive building upgrades to boost climate credentials and are as a result…