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Auto insurers under strain from high-tech repairs

Fixing EVs is expensive, leading many to declare these as a loss.
1 day ago

Global firms eye Hong Kong captives to manage risk

Self-insurance could lower premiums over time and improve liquidity.
4 days ago

Mitsui Sumitomo Insurance targets Chinese nationals in Thailand

The Chinese accounted for 53% of foreign students in Thai universities last year.

DP World opens first warehouse in Singapore

The site is 20 minutes away from Jurong Port.

Revised solvency rules could spur new wave of Malaysian insurance M&As

Insurers must provide capital for increased risk from floods, among other charges.

Japan faces RE supply chain conundrum

It’s a choice between creating jobs later or now at the expense of higher energy prices.

SG banks leave more jobs unfilled as corporate spending pauses

For every two people who resign, only one post gets replaced.

Companies move to avert cash-flow crisis

There is increased corporate demand for liquidity and risk coverage, says HSBC.

SWIFT cites high cost of splintered financial world

Many digital payment platforms remain disconnected from each other.

Asia’s industrial giants take over the world

K-pop, anime, Bollywood, and Asian beauty trends have also gained global traction.

PertaLife eyes capital hike to boost coverage of captive market

It is also tapping other state enterprises and beyond.

ASEAN should cut political risk to attract grid investors

The new chief of the ASEAN Centre for Energy expects a breakthrough this year.

SIT, Rolls-Royce launch $15.4m tech trial of hybrid vessel

The 34-metre ship will test tools that predict maintenance needs and improve fleet performance.

Singapore pushes virtual power plants to hit 2035 RE goal

It also wants power companies to build hydrogen-ready plants.

Strategic Marine to build 24-metre survey ship for Odyssey Group

The aluminium-made ship will be finished by the last quarter.