APAC

Asia bears $17b of Q1 natural disaster economic loss

Less than half of the global economic losses were insured during Q1’24.
9 hours ago

Asia bears $17b of Q1 natural disaster economic loss

Less than half of the global economic losses were insured during Q1’24.
9 hours ago

APAC payments gateway market to rise 30% as cashless economy expands

The market is expected to grow by over 11% between 2023-2027.
3 days ago

Here's why global apparel and footwear sales growth have slowed

However, persistent inflation and supply chain disruptions continue to challenge the industry.
4 days ago

Gen Z's complex consumer behavior challenges businesses: Euromonitor


Whilst supporting social and environmental responsibility, Gen Z’s are reluctant to pay extra for these values, the report said.
4 days ago

F&B leads Asia Pacific retail activity

Sportswear and apparel followed closely as the second and third most active trades, respectively.

Conduct risk puts 54% of insurance CROs on high alert

38% of APAC insurers are implementing AI tools, higher than the global average of 22%.

Showcase your innovative brand initiatives at the Asian Experience Awards 2024

Nominate your company's outstanding brand experience initiative for a chance to be recognised amongst Asia's most innovative companies.

Global diplomats, industry leaders assemble at the 3rd ThePhilBizNews Embassy Night

Stronger relations and freedom of information are amongst the highlights of the night’s speeches.

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.

Asia's protection gap leaves $59b uncovered – Aon

Losses from natural disasters left the region 48% lower than the 21st century average.

Generative AI to boost the insurance sector by $50b

Investing in generative AI could boost revenues by 20% and minimise costs by 15%.

Nearly 7 in 10 SEA consumers prioritise essential purchases due to inflation

To cope with inflation, 69% are sticking to essential purchases, while 55% are cutting back on non-essentials.

Pet insurance market to surge 31% in CAGR by 2027

The dog segment is anticipated to witness significant growth.

Steel Recon Industries won the Excellence Award in Manufacturing at the Malaysia National Business Awards 2024

SRI shines as a beacon of Malaysian manufacturing prowess, exporting top-tier firefighting equipment globally and safeguarding major infrastructure.

Asia’s asset management sector set to grow by 4.5% in 2024

The private credit market in APAC is expected to grow 8.0% by 2027.

1 in 2 shoppers plan to boost online shopping: Airwallex

Around 61% of consumers perceived international merchants as trustworthy. 

Nearly 7 in 10 ENR executives believe AI will transform their operations by 2030

They see it beneficial in improving maintenance and production, amongst others.