APAC

Vietjet brings home win at Asian Experience Awards 2024

Vietjet brings home win at Asian Experience Awards 2024

It has developed a groundbreaking marketing strategy that is centred around the deployment of a customer data platform.

APAC’s affluent move $700b to digital wealth management

These firms are adopting hybrid models that combine digital tools with limited human assistance.

Half of CEOs globally prioritise new business ventures

60% are eager to pursue generative artificial intelligence-enabled ventures.

APAC automotive aftermarket wear and tear market to grow 3.7% through 2028

Factors like accident rates and driving patterns will drive growth.

Banks gain 50% more tech capacity with productivity focus

Generative AI tools to streamline tasks can yield productivity gains of up to 30%.

Asia struggles with G20 payment targets

The ultimate goal is for cross-border payments to achieve “the speed of the internet.” 

What is the potential impact of Trump 2.0?

Singapore faces the steepest challenges due to its highly open economy.

Insurance firms lag in climate committees

Yet, 70% of firms view climate risk as central.

APAC consumers anxious about future despite AI optimism

Across the region, 68% view AI as having a positive impact on the world.

4 key factors driving innovation in the spirits industry

Millennials and Gen Z are increasingly driving spirits sales.

From paper to pixels: Pioneering land records management through digitization

PARCO has transformed critical, fragile documents into cutting-edge digital repositories.

Asia’s commercial insurance rates dip 4% in Q3 2024

Global commercial insurance rates fell by 1% in Q3 2024.

Over half of insurers penalised for errors

58% of respondents said it takes over five months to implement a rule change.

4 key trends that will shape food and drink industry by 2025

It will be defined by nutrition, mental health, supply chain adaptation, and tech integration.

Asia Pacific’s retail sales to grow 24% by 2028

The Shopper Reinvented megatrend will increase at a CAGR of 11%. 

Generative AI slashes P&C claim times by 50% – Bain & Co.

It could also decrease loss-adjusting costs by 20% to 25%.