News

APAC leads global retail growth with 5% real spending rise

APAC is the most balanced omnichannel region globally, with store-based retail sales projected to grow 20.4%.

Why 4.5 million Australians skip insurance claims over premiums

The most commonly skipped claims were for home and car insurance.

3 in 5 Singaporeans worried they can’t afford vital medical care

There is also uncertainty over where to seek treatment adds to the problem.

Carbon emissions ratio to world GDP slides 1.6% in 2024: Fitch Ratings

It cited carbon emissions from emerging markets, which accounted for 70% of global emissions.

Molecular spectroscopy market to be valued at $6.4b by 2034

Key sectors include pharmaceuticals and biotechnology.

Workforce unreadiness undermines global AI investments

Despite heavy spending, firms face talent gaps, cultural resistance, and stalled AI adoption.

Asia-Pacific surpasses pre-pandemic aviation capacity

The growing middle class fuels regional flight demand.

Indonesia’s MedTech import market hit $3.28b in 2024

The market rebounded by 77.8% after contracting to $1.79b in 2022.

TikTok launches 'Lead Genie' AI chatbot

When businesses reply within three minutes, conversions can increase by 2.2 times.

Stable JC&C profit seen in 2025 as non-Astra gains balance weaker Astra

Translation gains and portfolio strength underpin earnings outlook

How Japan can unlock offshore wind potential

It must optimise evaluation criteria, focusing on realistic price limits.

Coliwoo expands co-living footprint as Singapore’s foreign population grows

Its hotel and serviced apartment-based properties offer stays as short as a night or week.

Employers in Asia see budgets strained as insurers tighten coverage

63% of insurers in Asia expect to cut coverage to manage rising costs in 2026.

Luxury brands risk stagnation without experience-led strategy: report

Two-thirds of luxury professionals surveyed said AI would improve their ability to target consumers more precisely.

How premiums surged 42% in Taiwan’s foreign-currency market in August

Investment-linked insurance products generated $1.4b during the month.