Logistics
Thailand revives 1 trillion baht coast-to-coast corridor to rival Malacca Strait
Investors remain cautious due to high costs, geopolitical sensitivities
Chinese regulator asks Lalamove to make changes to comply with antitrust rules
The firm says it has “completely accepted” the regulator’s requirements and made the necessary changes
GLP aims for US$2 billion of asset sales this year: sources
The moves aim to strengthen the company’s finances and reassure investors before its upcoming IPO
Sime Darby Property launches RM1.25 billion fund for data centres, industrial assets
The five-year fund has secured two seed assets in Elmina Business Park and the City of Elmina
Stoneweg Europe Stapled Trust sells French warehouse asset Parc de Meslay for 5.7 million euros
CEO of the managers says the divestment is part of the trust’s ongoing portfolio optimisation initiatives
Mapletree eyes mid-2026 first close for US$1.8 billion emerging Asia logistics development fund
The closed-end logistics fund will hold development assets with total AUM of up to US$1.8 billion when completed
Label-free delivery from $1.80, 500+ drop-off points: Second-hand commerce just became more viable
Delivery provider SPX Express’ new tie-up with Carousell is reducing friction for sellers and buyers in the marketplace
Policy changes, construction demand push commercial vehicle COE premiums to new record
Big infrastructure projects and changing policy keep Category C high, which could disadvantage smaller players
China trade corridor a good foundation to do more, as bilateral cooperation not sure ‘win-wins’: SM Lee
He adds trade is now mixed up with security and rivalry considerations, among others, with more effort needed for positive outcomes
Mapletree buys 39-ha site in New Jersey for logistics facility, in sixth US development project
The new development will be near key air cargo hubs and seaports, and comprise two warehouse buildings
