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Business Times
6 days ago
- Business
- Business Times
Joint venture by Boustead Projects' unit clinches JTC tender to develop industrial facility on Tukang Innovation Drive site
[SINGAPORE] A joint venture of Boustead Projects' wholly owned subsidiary was awarded a tender by JTC Corporation on Friday (May 30) to develop an industrial facility on a land parcel under the Industrial Government Land Sales Programme. The subsidiary, BP-Innovue, is the real estate solutions division of mainboard-listed Boustead Singapore. The land parcel – known as Tukang Innovation Drive Plot A – spans 18,687 square metres, with a proposed allowable gross floor area of 46,717.5 sq m. Designated as a Business 2 zone, the site will be developed into a multi-user industrial facility with heavy vehicle parking. Strata subdivision is permitted for the development. This marks the first development project that has been secured since vertically integrated Pan-Asian logistics and industrial real estate platform UIB was formed in March, noted Boustead. UIB will be jointly providing development management services to deliver this project. A NEWSLETTER FOR YOU Tuesday, 12 pm Property Insights Get an exclusive analysis of real estate and property news in Singapore and beyond. Sign Up Sign Up Launched by JTC in December 2024, the land parcel is the first site under the Industrial Government Land Sales Programme to be awarded with an additional three years of lease, under recent enhancements to the industrial land lease framework. The 33-year land lease tenure will allow businesses to utilise a full 30-year intended lease term. Boustead said the development of the site is not expected to have a material impact on the profitability, earnings per share and net tangible asset value per share of the group in the current financial year ended Mar 31, 2026. It added that none of the directors or controlling shareholders of the company has any interest, direct or indirect, in the tender and acceptance letter. Shares of Boustead closed at S$1.11, down S$0.03 or 2.6 per cent on Friday, before the announcement.


Daily Record
20-05-2025
- Business
- Daily Record
Pan-Asian East Kilbride restaurant to reopen four months after devastating blaze
The Pan-Asian restaurant had only recently opened its doors in late 2024 before the building went up in flames on January 15. A Lanarkshire restaurant which was forced to close for four months after a devastating fire is to reopen tomorrow. The Orient in East Kilbride is set to welcome back customers to the Westwood Square venue from 12noon following extensive restoration works. The Pan-Asian eaterie had only recently opened its doors in late 2024 before the building went up in flames on January 15. No one was injured in the accidental fire but the incident prompted road closures and widespread community concern, with neighbouring businesses also affected. The restaurant indicated online that electrics had caught fire. Lanarkshire Live told how gathering crowds looked on in horror as the fire raged dangerously close to neighbouring shops and flats above the square. Residents along with staff and customers from the nearby Tesco Metro were evacuated as the fire rapidly developed. Firefighters took around two hours to get the blaze under control. Police confirmed the fire was not started deliberately. Since then, the owners have been working tirelessly to repair the damage and restore the much-loved venue. With refreshed interiors and renewed determination, Mohammed Abdallah, co-owner of The Orient said they are ready to once again serve up their popular pan-Asian dishes to the people of East Kilbride and beyond. He said: 'This restaurant is more than a business to me — it's a piece of my heart, a reflection of every risk taken, every late night, every ounce of belief. "Losing it so soon after opening was devastating. But we chose not to dwell in the ashes — we chose to rise from them. Rebuilding this place has been the hardest thing I've ever done… and also the most rewarding. "I'm overwhelmed with gratitude for everyone who stood by us, and I can't wait to open these doors again — not just as a restaurant, but as a symbol of resilience, community, and heart.' The reopening marks a fresh start for The Orient and a welcome return for the popular local dining spot. The restaurant is open from 12 noon daily. *Don't miss the latest headlines from around Lanarkshire. Sign up to our newsletters here. And did you know Lanarkshire Live is on Facebook? Head on over and give us a like and share!


Web Release
14-05-2025
- Business
- Web Release
Sunset Hospitality Group Expands to Montenegro with Four New Venues opening in Porto Montenegro
By Editor_wr On May 14, 2025 Sunset Hospitality Group (SHG) brings its signature hospitality experiences to Montenegro, unveiling four new venues at the renowned Porto Montenegro Yacht Club in Tivat. This , expansion further solidifies SHG's status as a leading operator for luxury travel, world-class dining, and vibrant nightlife, aligning with Porto Montenegro's vision as an extraordinary luxury lifestyle destination. Developed in partnership with Adriatic Marinas, this project is set within Porto Montenegro's state-of-the-art nautical village. The expansion will extend into Synchro Yards, where existing landmarks like the Yacht Club will be reimagined alongside sleek, modern developments. A mix of permanent and temporary structures will shape this evolving district, creating a fresh, immersive hospitality experience. The new openings include AURA Beach and D'LIRIO, opening in July 2025, as well as Attiko and Folie, set to open Q2 2026. AURA Beach is a new chapter for the iconic AURA brand. Building on the success of the worldrenowned AURA Skypool, which debuted atop Dubai's Palm Jumeirah in 2021, SHG introduces 2 AURA Beach – an exciting evolution of the brand. Set to open in July 2025, this highly anticipated destination will bring the award-winning AURA experience to the stunning Porto Montenegro. Guests can expect an effortlessly stylish waterfront experience, offering uninterrupted views of the breathtaking Mediterranean coastline and the superyacht marina. D'LIRIO is a bold Latin American Restaurant and Bar redefining nightlife with creative cuisine, vibrant energy, and a touch of mystery. Debuting in November 2024 at The Westin Dubai Mina Seyahi, this hidden hotspot has already thrived as an unforgettable mix of gastronomy and entertainment. Inspired by Latin American culture, D'LIRIO exudes sultry elegance, with art deco accents, deep red tones, and moody lighting setting the scene. For those craving an electrifying night out, a resident DJ spins all evening, fuelling the energy for a night of indulgence and revelry. Attiko is a stylish rooftop lounge that offers a captivating menu of innovative Pan-Asian cuisine, expertly curated cocktails, and electrifying entertainment. With live music and top DJs setting the mood, it creates an immersive atmosphere where sophistication meets high-energy nightlife. Already a sought-after destination in Dubai and Bodrum, and with a new opening slated for Lisbon in Q2 2025, Attiko is poised to continue its expansion with a launch in Montenegro planned for Q2 2026, reinforcing its status as a premier global hotspot. Folie, meaning 'madness' in French, is a vibrant lifestyle destination that redefines the beach club and poolside experience. Offering high-energy entertainment, inventive Mediterranean cuisine, and stunning views, Folie features live performances from bands, DJs, and daytime cabaret entertainers. Already thriving in Türkiye and Morocco, the brand is set to make its mark in Montenegro in Q2 2026. Leadership Perspective Antonio Gonzalez, Chairman and Group CEO of SHG, said, 'Montenegro is fast becoming a global hotspot for luxury experiences, and we're excited to bring our unique brand of hospitality to this incredible destination. With Porto Montenegro's vibrant atmosphere and stunning waterfront setting, these new venues will offer something truly special for travelers and locals alike. Through our partnership with Adriatic Marinas, SHG brings its expertise in culinary innovation, exceptional hospitality, and immersive nightlife experiences, enhancing the destination's appeal to global travelers seeking the finest in luxury and lifestyle.' With this expansion, SHG continues its mission to redefine hospitality, creating unforgettable moments in the world's most sought-after locations.


Business Journals
13-05-2025
- Entertainment
- Business Journals
Fiesta Asia Street Fair celebrates Asian culture in the heart of Washington, D.C.
2025 marks the 20th year of Fiesta Asia in Washington, D.C. As part of the annual event, dragons, lions, karaoke and more will take over Pennsylvania Avenue NW on May 17. The Fiesta Asia Street Fair is celebrated as the longest running, most inclusive and the largest free Pan-Asian Festival in the Washington, DC Metropolitan area. 'We are so excited to celebrate our 20th anniversary. We always pride ourselves on presenting our festival with authenticity, wholesomeness and accessibility. Never has Washington, D.C. or anywhere else for that matter seen so many heritages represented in the same space — or so many dragons and lions commingling on an open street,' said Wuiping Yap with the Asia Heritage Foundation. Noticing there weren't a lot of celebratory festivals for the Asian community 20 years ago in the metropolitan area, Yap thought about how many outdoor festivities are held in Asian cultures. She also thought there was a lack of representation and understanding of the Asian heritage. She reached out to friends in her performing arts community to start the grassroots street fair and hold it right in front of the U.S. Capitol on Pennsylvania Avenue. Yap and that core group of founders are still integral to the festival's organization 20 years later. 'A lot of friends and families and different community groups all lent their strength and support to the founding of the event,' she said. 'Our goal has always been and will be to preserve and promote Asian heritage and culture through arts, traditions, cuisine and way of life. We remain relevant even after 20 years because someone must do it — to create and maintain the platform for cultural heritage promotion. Also, our nimble size and like-minded partners make decision-making and creative innovations a breeze.' expand What started as one and a half stages, has grown to five stages featuring dance, martial artists, contemporary performances, group performances and Persian artists. More than 1,000 performers are expected at this year's fair. In addition to the varied heritage programs and activities representing more than 20 cultures, there will be a special parade featuring more than 10 fiery dragons and 20 lions; a karaoke duel on the latest Asian pop songs; a neko cosplay challenge (a cat-like costume play); and many more exciting activities. 'The Fiesta Asia Street Fair is a hallmark event of Passport DC, taking place during International Cultural Awareness Month in Washington, D.C.,' said Angie M. Gates, president and CEO of Events DC. 'This lively festival showcases Asian culture and is part of a series of events this month that celebrate the diverse local, national and international communities in our nation's capital. We invite residents and visitors alike to join us in experiencing this fair and to explore our vibrant global city.' A brand-new tradition for this year's Fiesta Asia is an inaugural cook-off battle for the public to show off their best ramen, demonstrate their dumpling wrapping skills or sushi rolling talents. Festival organizers will have all the tools and ingredients necessary for festival goers to sign up on the spot. The public also can learn how to do a dragon dance, a unique opportunity for participants. 'Come in as a group or company to adopt a dragon and have an experience,' Yap said. 'Who doesn't want to be able to say, 'I did a dragon dance down Pennsylvania Avenue?'' She added, 'Everyone is welcome to partake as a dragon performer or simply come as a cheering spectator. Do not miss the opportunity to celebrate Asian heritage with us.'


NDTV
12-05-2025
- NDTV
7 Pan-Asian Restaurants In Chennai That Deserve A Spot On Your Food Map
Quick Reads Summary is AI generated, newsroom reviewed. Chennai's Asian food scene has transformed into a culinary obsession. The city now hosts a vibrant expat community and food-loving locals. These restaurants are elevating street food into fine dining experiences. Chennai's love for Asian food has evolved from a passing trend into a full-blown obsession. With a growing expat community and a new generation of food lovers craving everything from sushi and Korean BBQ to Thai curries and dim sum, the city is now a major destination for Pan-Asian cuisine in India. Restaurants across Chennai are offering bold new flavours, with street-style dishes being elevated into fine-dining experiences. If you are looking for the best Pan-Asian restaurants, whether for sushi, Thai food, or Chinese specialities, Chennai has it all. From Sushi To Thai Curries, These 7 Pan-asian Restaurants Are Defining How Chennai Eats Right Now: 1. Zhouyu One of the finest Asian restaurants to debut in Chennai, the all-new Zhouyu on East Coast Road is also one of the most visually stunning dining spaces in the city. The menu features bold, authentic flavours from China (primarily Sichuan, Hunan and Cantonese) and includes signature dishes from across Southeast Asia. Zhouyu ditches the predictable red-and-gold aesthetic seen in many Chinese restaurants in favour of cool splashes of blue. Their stewed duck, wontons in chilli oil, and Treasure Prawns are unmissable. What truly stands out is the attention to detail - from the plating to the spice balance - that makes Zhouyu worth the drive. Where: ECR, Injambakkam 2. Soy Soi Soy Soi brings some of the best dishes from Asia's bustling food streets into an elegant setting. The restaurant recently updated its interiors and overhauled its menu as part of a broader revamp. The culinary team has travelled extensively across Asia, learning from hawker stalls and local street kitchens, to serve bold, authentic flavours. The new dishes include Wild Mushroom Gyoza, Tuna Tataki, Karipap, and an excellent range of grilled dishes, including our top pick - Lamb Dengaku. The dining room is stylish, with a few intimate private dining nooks. Where: Gandhi Mandapam Road, Kotturpuram 3. Pan Asian, ITC Grand Chola Spanning 8,500 square feet, the Asian restaurant at ITC Grand Chola is one of the largest of its kind in any Indian luxury hotel. A dramatic 'Temptation Walk' leads guests into this two-level space, complete with a glass-walled display kitchen where chefs are constantly at work. The Japanese section is particularly impressive, offering expertly prepared sashimi using ingredients flown in from Japan. The attention to quality ingredients and presentation sets the tone for a fine dining experience. Where: ITC Grand Chola, Mount Road 4. YouMee The Japanese manga-inspired interiors set the mood at YouMee, a high-energy Pan-Asian restaurant located in one of Chennai's top retail and entertainment centres. The decor uses a fun palette of black, white, red and natural wood, keeping things vibrant without going overboard. The menu balances traditional favourites with contemporary flair, covering Thai, Japanese and Chinese cuisine. Standout dishes include the tempura-fried asparagus, Kung Pao chicken, spicy Thai curries, and Miso Shiro soup. Where: Express Avenue Mall 5. Asian Katha In an age where many restaurants prioritise Instagram over flavour, Asian Katha is refreshingly food-first. Tucked into a convenient location in Chennai's Central Business District, this Pan-Asian spot offers a comfort-focused menu. Expect sushi rolls (the maki is a must-try), dim sums, and deeply satisfying Asian curries. The restaurant keeps things dynamic by introducing pop-ups inspired by different parts of Southeast Asia. Where: Nungambakkam High Road 6. Pa Pa Ya This modern Asian bistro and tapas bar has built a loyal following in Chennai for its dim sums and desserts. Pa Pa Ya continues the formula that has worked across India - blending Asian cooking techniques with a modern presentation. Popular items include stir-fried lotus stems, cream cheese dim sums, and the addictive rock shrimp tempura. Expect crowd-pleasers with an edge. Where: Nungambakkam High Road 7. Nasi and Mee The original Nasi and Mee on Khader Nawaz Khan Road gives off a casual, bustling Asian canteen feel. The newer outpost at Holiday Inn on OMR opts for a more laid-back, lounge-like atmosphere. Inspired by Singapore's Jurong Bird Park and Southeast Asian street decor, this space blends whimsy with comfort. The menu includes a strong line-up of Malay and Indonesian plates, complemented by well-made sushi rolls. Do not miss the soupy dumplings and their take on Nasi Goreng; pair it with their signature Iced Milo.