APAC

Insurance scrutiny intensifies on coal, wildfire risks

However, power Industry business interruption sectors see improved pricing.

TCL Electronics wins prestigious Middle East International Business Award 2024 for revolutionary 115” X955 Max TV

TCL’s groundbreaking TV offering features advanced QD-Mini LED technology, 4K resolution, and an astonishing peak brightness of 5,000 nits

Hang Seng Bank Limited takes home Hong Kong Partner Experience of the Year - Banking at Asian Experience Awards 2024

The Bank bagged the honour for its innovation ecosystem which includes partnerships with policymakers, innovation promotors, innovation companies, SMEs, investors, and academia. 

ONE Krungthai from Krungthai Bank wins Asian Experience Awards 2024 for employee mobile app

The enhancements made within the app have enhanced employees’ work life.

Suzlon Energy Australia enhances its service experience by locally refurbishing critical components

It has reduced its dependence on overseas suppliers amidst lessons learned from the pandemic.

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%.