In Focus
Mitsui Sumitomo Insurance targets Chinese nationals in Thailand
Mitsui Sumitomo Insurance targets Chinese nationals in Thailand
The Chinese accounted for 53% of foreign students in Thai universities last year.
Closed coal mines could expand global solar by 15%
Over 300 surface coal mines have been idled in the past five years.
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.
Banks embrace wealthtech as $2.95t domestic pool grows
Majority of investors accessed wealth management services through digital channels.
South Korea’s motor insurance grows 2.4% in 2025 with rate hikes
Motor insurance remains the largest segment in the general insurance industry.
China approves 11.29 GW of coal power in Q1 2025
The new wave of coal projects risks Beijing’s energy transition goals.
SWIFT cites high cost of splintered financial world
Many digital payment platforms remain disconnected from each other.
Solar and wind seen to energise 30% of ASEAN’s data centres in 2030
However, slow renewables deployment may affect progress if not addressed.
S-REITs shift to cash-backed yields, eye 5.5% in FY 2025
It aims to minimise dilution and align distributions with recurring cash earnings.
How did the Philippines’ insurance market perform in Q1 2025?
The commission expects this momentum to continue through the year.
ASEAN should cut political risk to attract grid investors
The new chief of the ASEAN Centre for Energy expects a breakthrough this year.
Could cash be making a comeback in Singapore wealth plans?
Also, over a third expect to grow their exposure to alternative investments.
Vietnam general insurance market to grow 7% annually through 2029
The sector is expected to grow 5.9% year-on-year this 2025.
Singapore pushes virtual power plants to hit 2035 RE goal
It also wants power companies to build hydrogen-ready plants.
US foreign aid cuts pressure health systems in emerging markets
At least 38% of USAID funds have been cut compared to FY 2024-25.
Lower costs spark surge in battery storage projects
In 2024, lithium-ion battery pack prices dropped to the lowest in eight years.