Asian Business Review

South Korean banks’ loan delinquency rate rise in Feb
Corporate, SME, and household loans all saw their delinquency rates rise.
Overseas expansion impacts Korean banks’ profits
Despite Korea's high GDP per capita, the current level suggests there's still room for improvement.
Philippines expects over 4,000 MW of power projects to begin operations this year
These projects include both conventional and renewable energy.
Half of Asian consumers prioritise inner beauty in F&B choices
43% of Asian consumers are highly inclined to buy products endorsed by social media influencers.
Payment cards drive over 50% of Australia's e-commerce transactions
The country’s e-commerce market is anticipated to hit $72.9b by 2028.
Which pet breeds are the most expensive to insure?
Southern Cross Pet Insurance paid a total of AU$30m in claims last year.
Four key policies to change Vietnam’s health insurance law
93 million Vietnamese individuals have health insurance.
The global insurance market projects a 4.5% CAGR increase by 2027
Demand for car and travel insurance is increasing, amidst mandatory coverage.
APAC finance professionals more confident on economy but talent risks rise
US economy resilience and improvements in China and Japan propped up their confidence.
China's coal-fired power sector expected to see profit recovery
The average spot price in Q1 was lower than the annual average of 2023.
Global offshore wind capacity rose by 9.8 GW in 2023
The total offshore wind capacity reaches 67.4 GW.
How cost-per-wear redefines fashion value
This metric evaluates an item's value based on its frequency of use, lifespan, and resale potential.
Korean insurers immune from overseas CRE decay: Fitch Ratings
Fitch believes robust capitalisation will enable insurers to absorb shocks from losses.
Malaysian banks’ asset quality strong but profits flat in 2024
A sustained currency depreciation may affect import-reliant sectors, an analyst warned.
Hong Kong investment bankers risk losing jobs as banks cut costs: report
About 200 bankers in the city have reportedly lost their jobs in the past year.

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Exclusives

Exclusives

Insurance AXA Mandiri’s Shariah insurance fosters mutual assistance amongst participants
Risks are shared and covered collectively by all Participants (Takaful) to mutually help one another.
BRI Life relies on bancassurance channels amidst increasing demand for insurance
As of November 2023, the bancassurance channel contributed 81% of BRI Life’s total premium revenue.
Insurance How women in power are the key to business success
Industry experts share their thoughts on how women in business can be the ultimate growth driver.
Pupuk Kaltim CEO takes pride in SNI-quality products
The Indonesian leader in fertiliser manufacturing says it’s a company and industry commitment.
Insurance Strong women in insurance speak on gender bias
Leading women in Singapore’s insurance industry highlight the role of support networks and mentorship in advancing women’s careers in male-dominated sectors.
Allianz Syariah flexes Sharia insurance for all Indonesians
The low level of Sharia financial literacy and inclusion has driven companies to implement both short-term and long-term measures.
BPI Private Wealth aims to double assets and capture 25% local HNW market
CEO Maria Theresa Marcial says they are targeting US$53b in AUM by 2026.

Top News

South Korean banks’ loan delinquency rate rise in Feb
Corporate, SME, and household loans all saw their delinquency rates rise.
Overseas expansion impacts Korean banks’ profits
Despite Korea's high GDP per capita, the current level suggests there's still room for improvement.
Philippines expects over 4,000 MW of power projects to begin operations this year
These projects include both conventional and renewable energy.
Half of Asian consumers prioritise inner beauty in F&B choices
43% of Asian consumers are highly inclined to buy products endorsed by social media influencers.
Payment cards drive over 50% of Australia's e-commerce transactions
The country’s e-commerce market is anticipated to hit $72.9b by 2028.
Which pet breeds are the most expensive to insure?
Southern Cross Pet Insurance paid a total of AU$30m in claims last year.
Four key policies to change Vietnam’s health insurance law
93 million Vietnamese individuals have health insurance.
The global insurance market projects a 4.5% CAGR increase by 2027
Demand for car and travel insurance is increasing, amidst mandatory coverage.
APAC finance professionals more confident on economy but talent risks rise
US economy resilience and improvements in China and Japan propped up their confidence.
China's coal-fired power sector expected to see profit recovery
The average spot price in Q1 was lower than the annual average of 2023.
Global offshore wind capacity rose by 9.8 GW in 2023
The total offshore wind capacity reaches 67.4 GW.
How cost-per-wear redefines fashion value
This metric evaluates an item's value based on its frequency of use, lifespan, and resale potential.
Korean insurers immune from overseas CRE decay: Fitch Ratings
Fitch believes robust capitalisation will enable insurers to absorb shocks from losses.
Malaysian banks’ asset quality strong but profits flat in 2024
A sustained currency depreciation may affect import-reliant sectors, an analyst warned.
Hong Kong investment bankers risk losing jobs as banks cut costs: report
About 200 bankers in the city have reportedly lost their jobs in the past year.

Exclusives

Insurance AXA Mandiri’s Shariah insurance fosters mutual assistance amongst participants
Risks are shared and covered collectively by all Participants (Takaful) to mutually help one another.
BRI Life relies on bancassurance channels amidst increasing demand for insurance
As of November 2023, the bancassurance channel contributed 81% of BRI Life’s total premium revenue.
Insurance How women in power are the key to business success
Industry experts share their thoughts on how women in business can be the ultimate growth driver.
Pupuk Kaltim CEO takes pride in SNI-quality products
The Indonesian leader in fertiliser manufacturing says it’s a company and industry commitment.
Insurance Strong women in insurance speak on gender bias
Leading women in Singapore’s insurance industry highlight the role of support networks and mentorship in advancing women’s careers in male-dominated sectors.
Allianz Syariah flexes Sharia insurance for all Indonesians
The low level of Sharia financial literacy and inclusion has driven companies to implement both short-term and long-term measures.
BPI Private Wealth aims to double assets and capture 25% local HNW market
CEO Maria Theresa Marcial says they are targeting US$53b in AUM by 2026.

Join the Asian Business Review community