APAC

Asian Experience Awards 2024 celebrates excellence in brand experiences

Winning companies were honoured at the Awards Ceremony in Singapore on 3 October 2024.

Western Digital KL Center of Excellence honoured at Asian Experience Awards 2024

Its GTR solution streamlines performance testing, cuts report generation time, enhances efficiency, and reduces costs.

Over 1 in 10 APAC workers have no retirement plans

Some workers are postponing their retirement 

Why are APAC retirees struggling with unexpected costs?

Over a fifth of respondents had not anticipated their retirement expenses.

Insurers to tackle rising chronic disease rates by 2030

Mental health is now seen as a priority across generations.

Will reinsurers see price increases in 2025?

Nearly a third of respondents predicted price hikes of more than 5%.

Lending standards to tighten amidst rising costs, geopolitics

Other factors include incomplete market recovery post-COVID and rising interest rates.

APAC companies face slower cash collection

Japanese firms had the lowest days receivable at 42 days.

Over 80% of new renewables in 2023 cheaper than fossil fuel alternatives

Solar PV costs dropped in 2023, becoming 56% cheaper than fossil fuel and nuclear options.

APAC investors to increase bond allocations amidst growing optimism

They plan to allocate 28% to Asia excluding Japan in the next 12 months.

9 in 10 APAC firms implement whistleblowing policies

Top benefits include early fraud detection and prevention at 35%.

AI agents combat the lack of skilled workers to improve AI models

These agents are formed by embedding AI with pre-built use cases into enterprise applications.

Tata Communications empowers client with revenue increase, faster time-to-market through purpose-built cloud services

Tata CliQ has enhanced productivity and efficiency, and delivered a seamless user experience through the cloud services provided.

How is APAC leading with AI to fight insurance fraud?

74% of respondents reported that fraud cases are either stable or increasing.

Multi-cloud shift drives demand for AI-driven data integration

Providers are responding with collaboration, led by Oracle.