News
RBC rules may shift Hong Kong insurers to bonds: Aviva Investors
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.
Asia Pacific’s retail sales to grow 24% by 2028
The Shopper Reinvented megatrend will increase at a CAGR of 11%.
Generative AI slashes P&C claim times by 50% – Bain & Co.
It could also decrease loss-adjusting costs by 20% to 25%.
8 in 10 SEA SMEs expect sales growth during festive season
57% of consumers prefer online shopping.
Safety training boosts harm reporting in high-risk sectors
Recent occupational safety training significantly increases the reporting of workplace harm.
Chinese officials focus on policies to attract more foreign investors
As part of the initiative, the government has lifted all restrictions on manufacturing sector access.
Universities named key players in boosting SEA startup economy
Schools are supporting student-led ventures through incubation programmes.
1 in 2 APAC customers will not buy from a brand they do not trust
Trust in brands is eroding as a result of deepfakes, fuelling scam fears.
Japan's multiplay services revenue to reach $34.9b by 2028
A key driver includes the rising demand for blended services.
ASEAN business outages cost $2.5m per hour, higher than global average
Each hour of downtime costs firms at least $500,000.
Tech leaders face rising debt levels due to AI adoption
Forrester also predicts that private cloud will gain traction.
APAC firms eye boosting tech investments by 20% in 2025
Generative AI investments are expected to rise to 34% in 2024.
What’s driving growth in India’s oncology market?
One notable development is the use of gold nanoparticles in cancer diagnostics.
Commentary
Business partnership as TKDN services: Unlocking Indonesia’s digital future