News
APAC outpaces U.S. and Europe in global real estate investment
Low interest rates, diverse assets fuel regional dominance.
APAC outpaces U.S. and Europe in global real estate investment
Low interest rates, diverse assets fuel regional dominance.
Larger vehicles preferred as APAC vehicle rental market hit $48B
Enhanced services and changing preferences drive significant growth.
Tech talent demand in Southeast Asia up amidst digital transformation
Startups and enterprises drive sustained need for innovative tech solutions.
Biggest millionaire migration recorded in 2024
Asian countries shine in the Investment Migration Program Index.
Nearly 7 in 10 SEA consumers prioritise essential purchases due to inflation
To cope with inflation, 69% are sticking to essential purchases, while 55% are cutting back on non-essentials.
Pet insurance market to surge 31% in CAGR by 2027
The dog segment is anticipated to witness significant growth.
Art tops luxury investment index in 2023: Knight Frank
It is the only sector that posted double-digit growth with an 11% price increase.
Why Singapore leads in regional business stability
FM Global attributed the high rank to its commitment to infrastructure development and resilience-building measures.
Alternative payments lead China's e-commerce with 67.3% share
Bank transfers and payment cards hold a 14.9% share of e-commerce transactions.
Asia’s asset management sector set to grow by 4.5% in 2024
The private credit market in APAC is expected to grow 8.0% by 2027.
1 in 2 shoppers plan to boost online shopping: Airwallex
Around 61% of consumers perceived international merchants as trustworthy.
Taiwan ascends as IT hardware powerhouse
Taiwan's initiatives bolster its global IT hardware production ranking.
Japan’s insurance market to expand 3.12% CAGR by 2027
The automotive segment is seen as a significant trend during the forecast period.
Nearly 7 in 10 ENR executives believe AI will transform their operations by 2030
They see it beneficial in improving maintenance and production, amongst others.
ENR executives concerned about energy transition projects’ economic viability
The majority of APAC executives, however, are optimistic about the projects’ contribution.
China leads global wind turbine orders to a record high in 2023
Global wind turbine orders rose by 16 GW year-on-year to reach 155 GW.
Directors identify health and safety as emerging top risks: Survey
Climate change remains high on the risk agenda in certain regions, such as Asia.
Commentary
ASEAN businesses should not underestimate opportunities 'Down Under'