News

Singapore office attendance tops global average as layoff fears mount

Nearly half expect restructuring, automation, or cost-cutting to put their roles at risk.

Philippine pre-need income plunges 88% in Q1 2026

The industry still sold 244,233 plans in the first quarter of 2026.

China life insurers slash guaranteed payout risk

Participating policies share company profits with customers instead of relying only on fixed promises.

Vietnam hits 95.2% health insurance coverage

The rate beat the five year target by 0.16 percentage points.

Indonesia life claims fall 7.9% as surrenders decline

The industry paid $6.2b to 6.92 million beneficiaries during the first nine months of 2025.

China manufacturing PMI beats forecast at 50.3 in June

Export orders returned to expansion at 50.1 as purchase price inflation slowed.

Singapore retail sales growth slows to 3 % in May

Online retail share rises to 15.1% of total sales.

Businesses target ASEAN, Mainland China amidst sentiment dip

Almost 80% plan overseas expansion over the next three years.

Hong Kong retail sales up 7.9% in May as online spending soars

Online sales jumped 33.1%, making up 10.1% of total retail sales.

Catastrophe insurers risk losses as protection gap persists

Fitch said unmet demand remains a major challenge for insurers and reinsurers.

Consumers ‘quiet quit’ unreliable brands rather than post bad reviews

Over half would stop purchasing products or services entirely.

Metro buyers make up 75% of India home loan cover sales

Demand from non-metro areas has accelerated over the last 2 months.

South Korean firms seek insurance amidst workplace injury risks

Aon said 64.3% of organisations have plans for work-related injuries.

Middle East conflict threatens APAC banks with $180b losses

S&P says 92% of regional lenders still hold stable outlooks despite growing uncertainty.

Asia battery storage investment held back by execution risks: DLA Piper

China ranks amongst the world's top three markets as investors seek greater certainty.

Asia watch claims jump 21% as theft rises

The global average increase was lower at 17% over the past three years.