News
APAC consumers anxious about future despite AI optimism
Across the region, 68% view AI as having a positive impact on the world.
NSW issues new planning framework for RE development
This includes five new and updated guidelines.
Indonesia’s captive coal power to breach 20 GW by 2026
It will be overtaking Australia.
4 key factors driving innovation in the spirits industry
Millennials and Gen Z are increasingly driving spirits sales.
SG life sector’s weighted new business premiums surge 24% YoY in 9M 2024
Q3 2024’s weighted new business premiums grew by 18.2% YoY.
4,800 phishing incidents monthly in India's banks
Banks use GenAI apps at a lower rate than other sectors, likely due to stricter controls.
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.
Malaysia’s life insurance market to hit $17.2b by 2028
Endowment insurance is projected to represent 77.3% of total DWP.
Hackers breach wayback machine, exploiting open-source vulnerabilities
Cybersecurity experts underscore the need for vigilant asset protection and rapid response.
RBC rules may shift Hong Kong insurers to bonds: Aviva Investors
Singapore’s asset growth in 2019 and 2022 could spark promise for Hong Kong.
Aussie insurers to slash costs by 30% with tech revama
Insurers’ operating costs have surged—20% for incumbents.
Climate change renders Australian home insurance unaffordable
Surge in claims led to an average home insurance premium increase of at least 14%.
Banyan Group navigates cross-cultural challenges amidst expansion
Balancing consistency and local practices drives the brand's success.
SEA's digital economy to reach $263b in gross merchandise value
Key drivers include increased digital engagement and monetisation strategies.
Commentary
ASEAN businesses should not underestimate opportunities 'Down Under'