Southeast Asia
Insurtech funding in APAC plunges to $193m in 2024
Insurtech funding in APAC plunges to $193m in 2024
Seed-stage funding also declined 16% to $7.7m.
ASEAN’s PMI slips to 11-month low in January
Order book volumes and output only slightly increased.
Hyper-personalised shopping rules in Southeast Asia
Data and analytics allow brands to optimise customer experience both online and in-store.
ASEAN businesses should not underestimate opportunities 'Down Under'
Access to capital, commodities and infrastructure expertise can unlock new opportunities for the fast-growing region.
SEA's digital economy to reach $263b in gross merchandise value
Key drivers include increased digital engagement and monetisation strategies.
8 in 10 SEA SMEs expect sales growth during festive season
57% of consumers prefer online shopping.
Carmakers to invest over $20b in EV production facilities in South and Southeast Asia
This is advantageous for Chinese manufacturers who aim to diversify operations.
Universities named key players in boosting SEA startup economy
Schools are supporting student-led ventures through incubation programmes.
ASEAN business outages cost $2.5m per hour, higher than global average
Each hour of downtime costs firms at least $500,000.
APAC firms eye boosting tech investments by 20% in 2025
Generative AI investments are expected to rise to 34% in 2024.
Bank-fintech alliance a win-win— HSBC digital chief
Lenders can learn from disruptive tech whilst aiding its champions comply with regulations.
Southeast Asia’s insurtech sector hits $2.4b in 2023
It was mainly driven by Singlife’s merger with Aviva Singapore.
State firms dominate Southeast Asia’s pumped hydro development
Indonesia’s Perusahaan Listrik Negara is the region’s top developer.
Southeast Asia’s pumped hydro capacity to reach 18 GW by 2033
The sector’s investment will reach between $12b to $70b.
Watsons invests $250M for 6,000 new and upgraded stores in Asia
75% of the stores in the region will offer customers upgraded experiences.
Southeast Asia's gas-fired capacity set to double: report
However, GEM said the region’s growing demand could be met by renewable energy.
Why BNPL is booming in Southeast Asia
BNPL providers in the region now focus on strategic partnerships, business model innovation, and ecosystem development.
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