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.
Commentary
ASEAN businesses should not underestimate opportunities 'Down Under'