News
E-commerce giants outshine Facebook in SG marketplace safety ratings
In 2023, Singapore reported 9,783 e-commerce scam cases.
E-commerce giants outshine Facebook in SG marketplace safety ratings
In 2023, Singapore reported 9,783 e-commerce scam cases.
Payment cards hold 40% share in Singapore's e-commerce
The market is expected to hit $23.6b at a CAGR of 9.1% by 2028.
Conduct risk puts 54% of insurance CROs on high alert
38% of APAC insurers are implementing AI tools, higher than the global average of 22%.
Bright skies ahead for Bombardier in Asia
The story of Bombardier Inc, is one of family, one of belonging, and the corporate manifestation of that, deep-rooted client-centrism.
BRI Life relies on bancassurance channels amidst increasing demand for insurance
As of November 2023, the bancassurance channel contributed 81% of BRI Life’s total premium revenue.
Cookie phaseout challenges online business marketing
Businesses adapt to new digital identity and data strategies.
Women in investment sectors face persistent workplace hurdles
Gender diversity efforts reveal mixed outcomes in finance sectors.
Global diplomats, industry leaders assemble at the 3rd ThePhilBizNews Embassy Night
Stronger relations and freedom of information are amongst the highlights of the night’s speeches.
Clever Standard repurposes ocean waste to bike accessories
The company utilises marine waste to address environmental concerns in the biking industry.
Igus introduces fully recyclable bike components
Sustainable bike components made from recycled plastics.
Asia's protection gap leaves $59b uncovered – Aon
Losses from natural disasters left the region 48% lower than the 21st century average.
Generative AI to boost the insurance sector by $50b
Investing in generative AI could boost revenues by 20% and minimise costs by 15%.
Japan, Singapore, South Korea lead passport freedom
ASEAN’s visa free access to member-countries stands at 40% on average.
Foreign banks’ Korean earnings up 6% on higher securities income
The net interest margin declined from 0.75% to 0.63%, according to official data.
South Korean banks’ bad loans climb 0.47% in December
This reflects a significant increase compared to the previous year.
Japan banks clinch $1.98b boost in interest income after policy shift
But a rise in deposit rates presents risks, analysts warned.
Hong Kong’s wealthy plan to spend HK$870,000 in 2024 travels
Tokyo is their top destination of choice.
Commentary
ASEAN businesses should not underestimate opportunities 'Down Under'