News

Hackers breach wayback machine, exploiting open-source vulnerabilities

Cybersecurity experts underscore the need for vigilant asset protection and rapid response.

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%.

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.

Tech leaders face rising debt levels due to AI adoption

Forrester also predicts that private cloud will gain traction.