APAC
Sportswear set for 14.9% growth by 2029
Sportswear set for 14.9% growth by 2029
It is driven by the growing trend of casual dress codes across the world.
UOB Malaysia’s digital banking platform UOB TMRW recognised at the Asian Experience Awards 2024
UOB TMRW app sets a new standard in digital banking, driving innovation, and customer engagement.
Firms turn cautious over gen AI amidst fears of obsolescence, fragmented regulations
Of 47 APAC jurisdictions, about 16 have AI regulations or guidance in place.
8 in 10 insurers plan to increase tech investment this year
36% of insurers prioritise AI and machine learning.
APAC's insured only 5.4% of $74b disaster losses: Aon
APAC was also the second-largest region in terms of economic losses.
Medical plan costs to rise by 11.1%: Aon
APAC is expected to experience the second-largestYoYr increase globally.
Only 9.1% of Asia's economic losses insured in 2024
The five-year average for insured losses was $11b.
UK in the Bloc: CPTPP expansion benefits all parties
The UK’s accession to one of the world’s biggest free trade agreements can unlock further growth along the Asia-Pacific corridor.
Energy storage funding up 5% in 2024
This was despite a decline in the number of deals.
APAC consumers embrace cost-conscious spending
They are focusing on products that offer better functionality, quality, convenience, and health benefits.
Retail growth in APAC to continue amidst regional differences
In China, a net negative trend is expected to intensify.
Financial firms plan cautious 2025 pay raises
Region-wide, planned budget increases averaged 5.2%.
APAC home insurance market to hit $82.4b by 2032
Globally, home insurance is seen to reach a CAGR of 7.3%.
Solar to account for half of 2025 clean energy investments
It is expected to surpass gas and possibly coal capacity.
Gen Alpha set to dominate consumer market by 2040
Although they don't earn money yet, they are already influencing household spending.
Cloud4C takes home Middle East Technology Excellence Awards 2024 for container management solution
It allows firms to scale operations seamlessly across multiple landscapes, expand without disruption, and run at hyper-agility without risk.
Set a clear HR vision and strategy for successful transformation – Deloitte's Mark Maclean
He highlighted the importance of technology, workforce, and stakeholder engagement for successful HR transformations.
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The company secured the awards by enhancing efficiency in healthcare facility payments and strengthening knowledge management systems.
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