News

Global personal luxury goods spending holds steady as currency effects weigh

Looking ahead, the firm expects solid underlying growth over the next decade as the global luxury customer base expands.

2 in 5 Indians with disabilities lack health insurance

Despite government intervention, many persons with disability are still left out of proper coverage.

Blood glucose monitoring system market to hit $25.4b by 2030

The diabetes management segment could see the highest CAGR during the period.

How stable is Hong Kong’s insurance market?

Hong Kong saw $13.1b (HK$100.5b) in general insurance gross premiums for 2024. 

Renewables to account for 73.3% of Aussie power generation by 2035

However, challenges may delay its 82% RE target by 2030.

Indonesia’s renewable energy capacity to reach 38.1 GW in 2035

Solar and onshore wind will lead the clean power capacity expansion.

Over 70% of companies utilise AI to derisk wind projects

The majority of executives surveyed plan to increase their investment.

Solar projects in India climbs 53.7% in 9M: Mercom

The country’s cumulative solar capacity stood at 125.5GW as of September.

Global renewable energy investment breach $800b in 2024

However, the growth of clean power slowed by 7.3% last year.

Pumped hydro key in PH’s clean energy shift

This technology offers long-duration storage for the country.

Singapore insurers face rising claims with medical costs set to climb

57% of insurers expect further increases in medical cost over the next three years.

HK top priority for Italian companies' Asia expansion: survey

93% believe Hong Kong can effectively support their future Asia expansion plans.

Western Union and TenPay Global launch co-branded store in Singapore

The two are partnering to bring an omni-channel remittance experience.

APAC leads global retail growth with 5% real spending rise

APAC is the most balanced omnichannel region globally, with store-based retail sales projected to grow 20.4%.

Why 4.5 million Australians skip insurance claims over premiums

The most commonly skipped claims were for home and car insurance.