As the largest Association of Southeast Asian Nations (ASEAN) country prepares to shift its capital from Jakarta on Java Island to the less crowded Borneo Island, Hong Kong infrastructure development and real estate-related services companies will have many investment and business opportunities.
In the four decades since establishment of the Shenzhen Special Economic Zone (SEZ) turbo-charged Mainland China’s switch to export-driven growth, Hong Kong and its neighbouring Guangdong cities have been pivotal in the development, driving investment and commodities in and products out.
In a desperate bid to bolster the country's ailing tourism sector, the Cambodian government has announced that all owners of hotels or guesthouses in the Siem Reap region will be exempt from paying tax until May this year.
Visitors to Hong Kong in earlier times were often struck by the contrast between the towers of steel and concrete crowded in the central business districts (CBD) on the north side of the Island and Tsim Sha Tsui Peninsula, and the vast area of empty and flat land in East Kowloon, created by the 1998 closure of the former airport at Kai Tak.
Work is set to resume on the East Coast Rail Link (ECRL), the Belt and Road Initiative project that will ultimately directly connect the east and west coasts of Peninsular Malaysia with a dedicated train service for the first time.