News
Singapore outperforms omnichannel spending in Southeast Asia
The market’s omnichannel spending accounted for 57.6% of retail spend in 2022.
Singapore outperforms omnichannel spending in Southeast Asia
The market’s omnichannel spending accounted for 57.6% of retail spend in 2022.
Less than half of global losses due to calamities insured
There were indications of a shift toward an El Niño-like pattern in Asia.
Singapore banks face tepid loan growth; interest margins to peak in 2023
Banks may face some backsliding in its bad loans ratio, S&P’s Ivan Tan warned.
Australia unveils new standards for banks, insurers’ operational risk management
The new standard will take effect on 1 July 2025.
Philippine government agencies urged to adopt solar power
They are given three years to install their initial solar energy supply.
Singapore’s mediation programme will benefit ASEAN firms with tech disputes
The pilot for the programme ends on 31 December 2023.
World Bank provides $1.5b support for India’s energy transition
It will support the growth of renewable energy and green hydrogen development.
Tourism and hospitality to fuel growth in APAC merchandising carts market
India, China, Japan are driving consumer demand for merchandising carts.
C-beauty brands outperform in China: report
Sales of brands amongst the top 20 brands in colour cosmetics grew to 28% in 2022.
Singtel’s net-zero goal to be brought forward to 2045 from 2050
The telco firm said it is progressing with its net-zero target.
Fullerton Healthcare and vendor face fines over data breach as hospital strengthens cybersecurity
A $58,000 penalty was imposed on Fullerton and $10,000 on Agape CP Holdings.
Beauty and personal products may grow by US$39.3b by 2027
Euromonitor International identified four Asian beauty trends.
Asia poised to be the center of the E2W revolution
China may account for 53% of sales of electric two-wheelers (E2W) in 2021, but India and Indonesia are fast-growing markets.
German-led BPO ServiceBuro carves a niche in the Philippine market
Founder and Owner Julian Stark talks about the company’s unique offering and its competitive advantages in the BPO industry.
Condo owners reluctant to sell private homes due to cooling measures
The 15-month wait-out period is a factor.
Singapore is amongst top global investment destinations: report
More than a quarter of global businesses look to Southeast Asia for expansion.
Commentary
ASEAN businesses should not underestimate opportunities 'Down Under'