News

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.

Over 7 in 10 Indonesians view insurance claim falsification as most taboo fraud

In contrast, a sizeable portion of the population feels otherwise.

9 in 10 APAC firms implement whistleblowing policies

Top benefits include early fraud detection and prevention at 35%.

Chinese travelers' search for int'l stay doubles for upcoming Golden Week

The second Golden Week of the year will commence from 1 to 7 October.

CEOs leverage Gen-AI in organisational planning

52% say it shapes competitive positioning.

AI agents combat the lack of skilled workers to improve AI models

These agents are formed by embedding AI with pre-built use cases into enterprise applications.

How is APAC leading with AI to fight insurance fraud?

74% of respondents reported that fraud cases are either stable or increasing.

Bank-fintech alliance a win-win— HSBC digital chief

Lenders can learn from disruptive tech whilst aiding its champions comply with regulations.

Multi-cloud shift drives demand for AI-driven data integration

Providers are responding with collaboration, led by Oracle.

Parametric insurance market set to double by 2033

The manufacturing sector held the largest share of the market in 2023. 

India's life insurance APE growth slows to 10.5% in August

LIC's performance in 5M FY 2025 outpaced its private sector peers

Thailand to welcome 2 million South Korean tourists for Chuseok holidays

Thailand attracts South Korean tourists with food, K-pop, and visas. 

S&P warns of strained profitability for insurers due to climate events

Last year was the fourth straight year insured losses surpassed $100b globally.