APAC
Commercial insurance rates dip 3% in Q4 2024
Commercial insurance rates dip 3% in Q4 2024
Financial and professional lines declined the fastest at 9%.
APAC insurers wary of geopolitical instability in next two years
Cyber threats, on the other hand, are a moderate to severe risk.
How companies can maximise reskilling initiatives
BCG said companies must adopt an experimental approach to maximise reskilling initiatives.
Tea Wei Li from KPMG in Singapore highlights the four Ps of value creation for business success
She emphasised how agile governance, sustainability, innovation, and strong ethical practices empower businesses to thrive.
Green hydrogen to make up 83% of low-carbon capacity by 2030
The hydrogen market is set to occupy a critical role in decarbonisation.
Why investors’ infrastructure portfolio needs energy transition boost
Maximising opportunities in energy transition is essential for optimal portfolio performance.
Chinese firms install 24 GW of energy capacity in Belt & Road countries
Aside from solar, hydro power led last year’s installations.
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.
Most Read
1. Singapore life insurance industry sees 10.9% growth in Q1 2025 premiums 2. India's life insurers report 8.4% rise in premiums for April 2025 3. Vietnam general insurance market to grow 7% annually through 2029 4. 9 in 10 Indian policyholders seek auto-replenish feature in health insurance 5. SIT, Rolls-Royce launch $15.4m tech trial of hybrid vesselResource Center
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He advocates for technological leadership, strategic foresight, and cultural adaptability to ensure Asia-Pacific’s sustained tech excellence.
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Business partnership as TKDN services: Unlocking Indonesia’s digital future
Are luxury boutique hotels the new black?