News

Mobile usage at an all-time-high in 2023

Total hours people spent in mobile-first markets reached 5.1 trillion hours total.

Mobile usage at an all-time-high in 2023

Total hours people spent in mobile-first markets reached 5.1 trillion hours total.

Disinformation and misinformation are top risks in 2024 – WEF

Two-thirds of experts anticipate a multipolar or fragmented order in the next 10 years.

Reinsurance likely to face ‘cyclical and structural change’ in 2024: Howden

In other aspects, supply has met the demand for insurance products – a shift from recent market volatility.

4 interior design trends reshaping Singaporean homes

Experts say homeowners are embracing a fusion of timeless elegance and contemporary innovation.

Singapore's economic growth to accelerate in 2024: report

Experts expect the country's economy to grow by 2.7% in real terms next year.

SHEIN customers prefer circularity in clothing choices

Reselling of clothes and secondhand items has become a reliable habit among SHEIN users.

AI poised to be the ‘ultimate marketing assistant’

It can help in content creation and other low-impact tasks.

VC funding of startups in China plummet 26.9% 11M’23

Unconducive market conditions further drove its decline.

Philippine banks sees lending go up by 7.1% in October

Loans for production activities rose during the month.

South Korean banks’ net income down 23.9% in Q3

Non-interest income and return of assets both fell during the quarter.

Taiwan reports over 37 million active credit cards in October

The average rate of delinquency was 0.2% by the end of the month.

India’s commercial banks reports 17% higher net interest incomes

Banks also witnessed a 13.5% deposit growth for the quarter.

How banks can ensure customer safety in Gen AI adoption

Gen AI is expected to add up to US$340b in new value to banks. But obtaining a slice of this will not be an easy process.

Select life insurers show strong profitability – Fitch Ratings

Operating profitability of insurers from Hong Kong, Singapore, and Thailand pose with sound mortality gains and favourable investment returns.

Korean non-life and life industry stands steady in 2024 – Fitch Ratings

Insurers are seen to exhibit enhanced financial performance in the short term, mainly because of improvement in investment yield and focus on higher-value-added businesses.

MAS: freeze remittances to China for the next three months

It is effective from 1 January 2024 to 31 March.

Life insurers urged to examine contracts for transparency – APRA & ASIC

The joint APRA and ASIC review prompts regulatory expectations for Australian life companies.