Asian Business Review
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Global offshore decommissioning market projected to hit $12.97b by 2035
Global offshore decommissioning market projected to hit $12.97b by 2035
Ageing offshore assets and environmental regulations drive market growth and innovation.
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China's solar inverter market projected to decline in 2025
China's solar inverter market projected to decline in 2025
Global solar inverter market is expected to contract for two consecutive years post-2024.
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Marine disruptions cost consumer goods $12b annually
Marine disruptions cost consumer goods $12b annually
Each logistics failure costs about $680,000.
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Gas turbine services market to reach $32.1b by 2031
Gas turbine services market to reach $32.1b by 2031
Modernisation of power plants and increasing industrialization drive service demand.
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Global solar installations to surpass 500 GW AC in 2025 before slowing
Global solar installations to surpass 500 GW AC in 2025 before slowing
Cumulative photovoltaic capacity will still double in five years despite an expected slowdown.
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Thermal energy storage market projected to hit $1.27t by 2035
Thermal energy storage market projected to hit $1.27t by 2035
Market growth is driven by renewable energy demand, regulations, and grid stability efforts.
Geothermal heat pump market to expand 7.6% CAGR by 2031.
Geothermal heat pump market to expand 7.6% CAGR by 2031.
Market expansion is fueled by rising focus on clean heating and energy security.
Grid infrastructure constraints to become paramount concern in 2026
Grid infrastructure constraints to become paramount concern in 2026
AI, storage capacity, and grid-forming inverters are top modernisation trends for 2026.
Utility scale battery storage costs fall to US$125 per kWh
Utility scale battery storage costs fall to US$125 per kWh
Core equipment costs can rise to around US$100 per kilowatt-hour or more in markets with higher tariffs, among others.
Bangladesh cuts fuel imports by US$3.3b through energy efficiency gains
Bangladesh cuts fuel imports by US$3.3b through energy efficiency gains
IEEFA said Bangladesh is on track to meet its energy-efficiency targets about a year ahead of schedule.
Ad inflation drives brands toward affiliate marketing
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Power sector shift drives coal consumption down after record 2025
Power sector shift drives coal consumption down after record 2025
Coal usage will decline due to increasing competition with other energy sources.
Costs keep Singapore second-priciest data centre market
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Costs keep Singapore second-priciest data centre market
AI infrastructure and sustainability rules push construction costs higher.
Poor cyber-fraud integration delays breach detection
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Poor cyber-fraud integration delays breach detection
Siloed security teams slow responses and expose organisations to rising fraud risk.
Bifacial solar market projected to reach $31.1b by 2031
Bifacial solar market projected to reach $31.1b by 2031
Dual-sided solar panels can generate up to 30% more energy than traditional modules.
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Insurance
Wealth and retirement products lift Singapore insurers’ premiums
The Top 50 Insurance 2024 rankings show recovery from the 2023 downturn.
1 day ago
Event News
2025 TDM Travel Trade Excellence Awards - Malaysia and Malaysia Management Excellence Awards Event Highlights
A look back at the TDM Travel Trade Excellence Awards 2025 - Malaysia and Malaysia Management Excellence Awards 2025.



Commentary
Fees friction is testing Asia’s academic ambitions