In Focus
US foreign aid cuts pressure health systems in emerging markets
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.
Offshore wind, energy imports could spur RE deals in Southeast Asia
Investment-friendly policies will push private money into these projects.
APAC’s price controls, tendering processes pose risks to pharma firms
Such practices could impact revenues and market access.
What will drive the reinsurance sector to bag $68b in four years?
In 2023, APAC accounted for 13.3% of global reinsurance premiums.
Clearer cyber risk benchmarks for Australian SMEs pushed
The financial fallout from a single cyber event can be devastating.
Johor-Singapore ecozone needs stable marketplace for energy credits
This is expected to drive investment in cross-border electricity trade.
Indonesia told to cut gas subsidies
The incentives pose a challenge to green hydrogen competitiveness.
Where is cyber insurance growing fastest across regions?
Asia/Oceania are expected to expand their market shares to 8% by 2027.
Japan coal plants face losses with ammonia co-firing
Costs are seen to surge for plants using half blue ammonia
Singlife Financial Advisers CEO to stick to growth roadmap
The market is ever changing, and SFA would adjust its strategy and pivot when needed.
Korea’s new capital rules reduce insurers' capital burden
Under the revision, capital adequacy benchmark will be lowered to 130% to 140%.
Global coal power growth hits 20-year low in 2024
Worldwide coal fleet saw a marginal increase of less than 1% last year.
Hospitals need unified strategy vs ransomware
Healthcare was the second-most attacked sector by ransomware in the first half of 2024.
Global offshore wind to rebound in 2025
Thanks to a record wave of lease auctions.
Vietnam’s life insurance sector slated for dip this 2025
This follows consecutive contractions of 12% in 2023 and an estimated 5.7% in 2024
Indians face higher premiums on spiralling healthcare costs
Hospital expenses keep rising due to inflation and demand for sophisticated treatments.
Commentary
Breaking the myths around turbomachinery downtime in APAC
APAC’s hidden CX crisis on the frontline