News
APAC’s guaranteed auto protection insurance market slated for 13.2% CAGR
APAC’s guaranteed auto protection insurance market slated for 13.2% CAGR
Globally, the market is expected to grow from $3.2b in 2021 to $8b by 2031.
Australians to spend record $500m on Halloween
Average spend per person expected to rise 11% to $103.
Global scintillator market to reach $1.06b by 2034
Thanks to the rising demand for healthcare imaging and nuclear medicine applications.
Hospital information system market to surpass $120.8b by 2034
Thanks to healthcare digitisation and the need for optimised workflows.
Oracle broadens database services across Asia-Pacific
It also expanded the services’ capabilities.
Oracle NetSuite embeds AI to run core business workflows
It unveiled “NetSuite Next,” weaving AI into its cloud ERP for context-aware decisions.
Declining China, SEA coal demand puts Australia’s coal industry at risk
The decreasing demand is coupled with the market’s shift to cleaner power sources.
Patient handling equipment market to be valued at $26.76b by 2033
This is thanks to rising investments in hospital infrastructure and home care services.
Global electricity demand up by 369 TWh in H1
China accounted for 54% of the increase.
Installed RE to more than double by 2030
This will be driven by solar energy expansion.
Global turbine crunch threatens Vietnam and Philippines gas power
The shortage is seen to delay projects in the said countries.
Fitch sees weak car sales weighing on Indonesia insurers, NBFIs
Fitch expects modest premium growth through 2026.
Over 90% of global electricity to be powered by renewables by 2050
However, gaps in infrastructure and grids continue to present challenges.
Marine bunker oil market to hit $280.7b by 2033
APAC is a market leader.
India issues over 5GW of renewable energy tenders in August
Over 2,000 MW of EPC tenders were issued in August.
How Thailand can save $1.8b in power generation costs
Additional solar and battery capacity will help reduce natural gas and coal use.
Southeast Asia’s onshore wind capacity to hit 26 GW by 2030
Thanks to short-term policies supporting the rollout of more projects.
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